lawsuits

Jeffrey Epstein Seizes an Opportunity

cityfile · 12/10/09 02:09PM

Everyone's favorite perverted billionaire is back in the news! Jeffrey Epstein pleaded guilty to soliciting underage girls for sex in 2007, served about a year in prison, and was released in July. But the women (girls?) he allegedly got kinky with continue to have civil lawsuits pending against the shadowy money manager, and now things have gotten a touch complicated because the lawyer representing several of his victims is/was Scott Rothstein, the Florida lawyer who currently stands accused of leading a $1.2 billion Ponzi scheme in his spare time.

The Sick Orders of the World's Most Heinous Boss

Ryan Tate · 12/04/09 04:06PM

The FBI is investigating possible insider trading at hedge fund SAC Capital, but the most outrageous thing to emerge from the case are allegations of how a perverse SAC manager tried to literally turn a trader into his literal bitch.

Steve Cohen Isn't Smiling Today

cityfile · 12/04/09 11:59AM

Hedge fund kingpin and mega-art collector Steve Cohen should be chilling out at Art Basel Miami right about now, eyeing the overpriced artwork he plans to add to the ridiculous $700 million collection that sits inside his ridiculous Greenwich compound. But it's unlikely the billionaire hedge funder is having a very good day. The painfully embarrassing lawsuit filed by a former employee of Cohen's SAC Capital in 2008—which involves, among other things, sexual harassment, sodomy, female hormones, and forced cross-dressing—has finally been unsealed for all to see. And it's quite a doozy, needless to say. [Dealbreaker]

A New Suit for Nello

cityfile · 12/04/09 06:34AM

A few weeks back, a rep for Russian billionaire Roman Abramovich informed us that he believed restaurateur Nello Balan was responsible for leaking a phony bill to the media, and he was looking into taking legal action against the shameless publicity-seeker. Abramovich hasn't filed suit against sued Balan—not yet, at least—but someone else has:

The Man Who Was Really There

John Cook · 12/02/09 05:25PM

Firas Al-Qaisi is an Iraqi attorney who risked his life helping the American forces in Baghdad which led to weeks of torture and dentention by Shiite militias. Now he's suing the U.S. for $200 million for trying to murder him.

Make No Mistake: Dan Loeb's Time Is Important

cityfile · 12/02/09 10:20AM

Back in September, we reported that Dan Loeb had been sued by the moving company that helped the hedge fund tycoon and his wife settle into their $45 million apartment at 15 Central Park West. The Observer has a follow-up to the story and reports the suit has been settled. The prickly financier agreed to pay $82,500 to make the case go away—a bit less than the $98,699 the moving company was demanding—mostly because Loeb couldn't stand the idea of wasting any more of his precious time sitting in court. [NYO, previously]

Senegal Settles

cityfile · 11/30/09 12:05PM

Remember the amusing lawsuit that a landlord filed against the government of Senegal earlier this month after the African nation agreed to buy a plot of land in Midtown and then backed out of the deal? The suit has been settled, the Observer reports today, and a "Maison du Senegal" will soon be erected on East 44th Street. Get excited! [NYO, previously]

In Defense of the Douche

cityfile · 11/20/09 01:07PM

"Douche" is having a moment, clearly. Last weekend, the New York Times devoted a front-page story to point out that the word has been used 76 times during primetime TV this fall (provoking a good deal of mockery online and off in the process). Now the infamous "douche" lawsuit from 2008 has popped back up in New York State Supreme Court.

The Polo Grudge Match Returns

cityfile · 11/17/09 12:44PM

One of the nastiest and longest-running feuds in fashion history has been revived. Since the mid-1980s, Ralph Lauren has been doing his damndest to prevent the U.S. Polo Association from marketing products bearing a horse-and-rider logo. It's a case that has taken the two sides to court on numerous occasions over the past 25 years, with Lauren suffering a stinging defeat in 2005 when a federal jury decided that the USPA had the right to produce a own clothing line since its logo featured two horsemen with mallets, as opposed to the solo player depicted in Lauren's version. Now the two sides are squaring off once again.