Panel Broadens Ex-Associate's Claims Against Orrick May 1, 2009
The judge dismissed claims for promissory estoppel, unjust enrichment, breach of fiduciary duty and intentional infliction of emotional distress. In an unsigned ruling, the Appellate Division, 1st Department, held Thursday that Hoeffner's "alleged reliance on the individual statements concerning the partnership process at the law firm and plaintiff's partnership prospects was not unreasonable" given he was an associate "with no experience in applying for partnership at the firm, the firm's... (Law.com)
$250,000 Business Loan to Poker-Playing Lawyer Can Be Called, Court Says Mar 3, 2009
" Judge Arcara's Feb. 23 ruling adopted the Jan. 27 recommendation of U.S. Magistrate Judge H. Kenneth Schroeder Jr. It granted summary judgment to the lender and rejected Melkersen's contention that he should be allowed to conduct discovery on his counterclaim that Counsel Financial had breached his loan agreement by appearing to indicate to him that not only did it not intend to call in his loan, but was favorably inclined to his request in 2007 to extend his line of credit from $250,000 to... (Law.com)
Panel Dismisses Former Computer Associates Accountants' Suit Against Kaye Scholer Nov 13, 2007
As for Salvatore, it cited the dismissal of the underlying causes of action for defamation, wrongful termination, promissory estoppel and civil conspiracy. "With the dismissal of those causes of action, the plaintiff Salvatore cannot allege that 'but for' Kaye Scholer's and Parver's alleged malpractice, Salvatore was wrongfully terminated and defamed and, therefore, cannot allege a legally cognizable injury," the panel held in an unsigned opinion. (Law.com)
EnCana generates third quarter cash flow of US$2.2 billion, or $2.93 per share - up 27 percent Oct 25, 2007
These obligations also include items for which the Company has made promissory estoppel. The asset retirement cost, equal to the initially estimated fair value of the asset retirement obligation, is capitalized as part of the cost of the related long-lived asset. (Canada Newswire)
/C O R R E C T I O N -- Robert Gold, Attorney for Richard E. Snyder/ Apr 24, 2007
"To date, Bronfman Jr. has refused to honor his commitment to give Snyder his 'fair and equitable' share of the enormous financial success of their joint efforts, despite the fact that, upon information and belief, Bronfman Jr. realized a profit in excess of $500 million. This lawsuit, advancing claims based on unjust enrichment, promissory estoppel, and quantum meruit, is brought to compel that payment.". Source: Robert Gold, Attorney for Richard E. Snyder. (Yahoo! Wire -- Entertainment News)
