NYC grand jury indicts lawyer eyed in $400M fraud
Lawyer Blogs
A New York City grand jury has indicted a lawyer suspected of bilking hedge funds out of more than $400 million.
The indictment returned Thursday in federal court in Manhattan charges Marc Dreier with conspiracy to commit securities and wire fraud. Dreier also is charged with securities fraud and wire fraud.
Dreier led the law firm Dreier LLP, with 250 attorneys and celebrity clients including ex-New York Giants star Michael Strahan (STRAY'-han). He was arrested in December after hedge funds complained he was stealing from them.
Dreier has remained jailed, unable to post enough cash or property toward his $20 million bail.
Defense attorneys say he's cooperated with a receiver appointed by the court to take control of his assets.
Prosecutors say he could face 30 years to life in prison if convicted.
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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.