Uzan Family's $1 Billion Upheld by Appeals Court
Court Alerts
A U.S. appeals court upheld a $1 billion punitive damages award to Motorola Inc against the Uzan family of Turkey on Wednesday.
A three-judge panel of the U.S. Court of Appeals for the Second Circuit said the lower court "properly applied the variety of factors relevant to state and federal law."
U.S. District Judge Jed Rakoff had awarded the punitive damages against certain members of the Uzan family, which ran Turkey's second-largest mobile phone operator, Telsim, and a media and banking empire.
Rakoff had concluded that the defendants fraudulently obtained loans from Motorola for more than $2 billion and from Nokia for about $800 million.
Rakoff had said the family used a "campaign of lies and misrepresentations to swindle Motorola," but in February 2006 he cut the punitive award to $1 billion from $2.1 billion.
"Judge Rakoff's findings establish beyond cavil the extraordinary nature of the Uzans' wrongful behavior and form a valid basis for the substantial punitive award of $1 billion against them," Circuit Judge Guido Calabresi wrote in a 23-page opinion.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.