A Santa Barbara law firm is suing a deceased hedge fund manager’s estate for as much as $12 million in allegedly unpaid contingency fees. Cappello & Noël filed a lawsuit against the estate of Michael Klein, the fast-rising financial star who died in an airplane crash in Panama in 2007, along with Pacificor, the hedge Read More →
Santa Barbara-based Select Staffing plans to appeal a $50 million decision against it in a lawsuit that alleged the firm underpaid its workers compensation insurance premiums by $30 million and underreported its payroll to state officials. The lawsuit was filed in state court in San Francisco by the State Compensation Insurance Fund, a quasi-public nonprofit Read More →
A shareholder of Venoco has filed a lawsuit to block a proposal by the CEO of the oil and gas company to buy the half of the company he doesn’t already own, alleging that the proposed buyback undervalues the firm. Tim Marquez, the CEO and president of Venoco, has offered $12.50 per share to buy Read More →
By Stephen Nellis / Friday, August 19th, 2011 / Features, Law & Goverment / Comments Off on Fire remnants smolder: Tea, Jesusita litigation flares anew
The attorneys trying to recover millions of dollars in damages for the Tea and Jesusita fires are focusing their litigation on defendants with the resources to pay.
A federal judge has said that Chinese firms being sued by a Santa Barbara software company cannot escape court proceedings in the United States after allegedly stealing the California company’s code.