SC attorney general, treasurer clash on lawyers
Headline News
South Carolina's treasurer and attorney general are clashing over a plan to use law firms to review state pension fund investments for fraud and underscoring a soured relationship for top Republicans.
Attorney General Alan Wilson said Wednesday that fellow Republican Curtis Loftis had supported that proposal before an about-face during the past month. The state's pension plans had nearly $19 billion in investments, according to the last formal financial report.
Meanwhile, Loftis released a statement asserting his authority over issues with retirement funds and questioned whether lawyers were needed because he has "extensive monitoring and other resources" in place to watch over pension funds.
"Like many Treasurers across the country I am the custodian of the state's funds," Loftis said. "We closely monitor these funds to make sure they are well protected."
Earlier this year, Loftis told legislators he needed authority to spend more money to monitor taxpayer money. And Legislators gave him temporary authority to choose lawyers for his office's outside legal work, a move Republican Gov. Nikki Haley vetoed with Wilson's backing.
On Wednesday, The State newspaper in Columbia reported that Wilson's 2012 campaign received $12,000 in contributions from partners in Labaton Sucharow of New York, one of the firms that would review investments.
Related listings
-
Former Kansas AG Six joins Missouri law firm
Headline News 09/15/2011Former Kansas Attorney General Steve Six has joined a law firm in Kansas City, Mo., as a partner. The firm of Stueve Siegel Hanson LLP announced Wednesday that Six will work in its commercial litigation, public client and personal injury practices. S...
-
Calif. gay marriage ban faces next legal hurdle
Headline News 09/06/2011California's same-sex marriage ban faces its next legal test Tuesday when the state's highest court attempts to shed light on whether the voter-approved measure's backers have legal authority to appeal the federal ruling that overturned Proposition 8...
-
A Court Cannot Exclude Evidence Because It Is Self-Serving
Headline News 08/31/2011In Reed v. City of Evansville, _ N.E.2d _ (Ind. Ct. App. 2011), Cause No. 82A05-1012-PL-768, Evansville sought to have some of the evidence the Reeds submitted in opposition to the City's motion for summary judgment because it was "self-serving." Tod...
Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.