Charter Communications sues law firm for $150 million
Headline News
Charter Communications Inc. filed a $150-million lawsuit Friday against Irell & Manella, accusing the prominent Los Angeles law firm of "critical errors" in completing a 1999 cable TV acquisition.
Charter's suit, filed in U.S. District Court in Santa Ana, also alleges that Irell concealed its mistakes for as many as nine months in 2002 after learning about them.
Irell has been the longtime counsel for St. Louis-based Charter and its controlling chairman, Paul G. Allen, on a variety of deals, including recent refinancings.
Charter spokeswoman Anita Lamont said Friday that the malpractice claims could not be resolved short of a lawsuit.
Irell partner David Gindler accused Allen of failing to "honor the intent" of the deal that Charter's board approved.
"If Charter suffered any loss at all, our firm was not the cause," Gindler said. "We are confident that we will prevail as the whole story emerges in court."
Related listings
-
New Hampshire House passes civil union bill
Headline News 04/05/2007[##_1L|1021454059.jpg|width="120" height="91" alt=""|_##]New Hampshire's House of Representativespassed a bill Wednesday to allow civil unions for gay and lesbian couples, placing the state in line to become fourth in the country to allow such relati...
-
Lawmakers: Tax increase needed at the pump
Headline News 04/04/2007Some Michigan lawmakers think a gasoline tax increase is needed to improve the state's roads.A campaign by Drivemi.org encourages an increase in transportation spending, with a backing from AAA, construction companies, labor groups and chambers of co...
-
US audit panel proposes financial statement rule
Headline News 04/03/2007U.S. audit authorities on Tuesday proposed auditors specify whether a company's financial restatement is due to an error or a change in accounting principles.The Public Company Accounting Oversight Board (PCAOB) said the change to their auditing stan...
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.