lawsuits

The Coming Annie Leibovitz Fire Sale

John Cook · 07/30/09 02:46PM

Annie Leibovitz, perhaps the highest-paid celebrity photographer in the world, is profoundly broke. She hocked every photograph she's ever produced and now the high-end pawnshop that gave her $24 million has filed suit to force her to sell it all.

Sculptor Takes the Bull by the Horns

cityfile · 07/30/09 09:23AM

The sculptor who created the famous "Charging Bull" statue downtown has filed a lawsuit against Random House for putting a photo of the piece on the cover of A Colossal Failure of Common Sense, a new book about Lehman Brothers' collapse. Arturo Di Modica, the sculptor responsible for the work, says Random House didn't have his permission to use a picture. The only problem? Di Modica never had permission to put the statue there in the first place:

Ruth Madoff's Legal Troubles Continue, Clearly

cityfile · 07/29/09 11:31AM

Giving up her Upper East Side penthouse and all of its contents may not be all that Ruth Madoff has to sacrifice for living off her husband's vast Ponzi scheme for all those years: Irving Picard, the trustee liquidating Bernie Madoff's investment advisory business, slapped Ruthie with a lawsuit today. Picard claims she was "massively enriched" by her husband's $65 billion Ponzi scheme (duh), and says he's identified an additional $44.8 million "that is subject to recapture." Ruth's lawyer says the suit is "perplexing and totally unjustified," since she's already forfeited most of her assets. You can read the full suit below if you have nothing better to do this rainy afternoon. But if you're a salesperson at Neiman Marcus or Barneys, you probably should take this as a sign that Ruthie's regularly-scheduled shopping expedition this weekend is not happening.

Deadbeat Island

cityfile · 07/27/09 11:40AM

WWD has gotten to the bottom of that lawsuit filed by Condé Nast against the Turks and Caicos last Friday. It seems the archipelago paid for a bunch of ads in a handful of Condé titles in 2007 and 2008, but then never paid its $1 million tab. It also seems the ads played a role in a corruption scandal earlier this year:

Condé Nast's New Business Model—Revealed!

cityfile · 07/24/09 02:24PM

Earlier this week, Condé Nast announced that it had hired McKinsey & Co. to help it "rethink" how it does business and "develop new perspectives on optimizing our approach to business [and] growing revenues." Is it a coincidence that Condé's parent company filed a lawsuit against the British West Indies today?

'Vibe' Shutdown Leaves Subscribers With Bad Vibes

cityfile · 07/22/09 09:46AM

Did you subscribe to Portfolio just before Condé Nast announced plans to shut down the magazine? Perhaps you were burned when you plunked down a few bucks for a Men's Vogue subscription? Kenneth Rogers feels your pain. The Alabama resident subscribed to Vibe three months before the magazine announced it would discontinue publishing, an event that Rogers says "injured" him, since he's hasn't "received a refund for the remaining balance on his magazine subscription and is no longer receiving Vibe Magazine." Rogers isn't writing off the loss and moving on with his life, though. He's filed a class action lawsuit against Vibe and its owners for breach of contract, unjust enrichment, and for violating New York State's deceptive practices statute. Rogers is asking a judge to give him his $10 back as well as award punitive damages and pay for his legal fees, too. In the meantime, you can review Rogers' slightly ridiculous lawsuit for yourself below.

Donald Trump Loses Again

cityfile · 07/21/09 03:21PM

Last week, Donald Trump's silly suit against author Timothy O'Brien was tossed out of court by a New Jersey judge. Now another one of his silly legal actions has ended in defeat. Trump filed suit against the law firm Morrison Cohen last year for having the audacity to list him as a client on its website.

Aby Under Pressure

cityfile · 07/16/09 07:18PM

Aby Rosen and Michael Fuchs, the real estate tycoons behind RFR Holdings and the owners of Lever House and the Seagram building, had been planning to build a Shangri-La hotel on Lexington Avenue and 53rd Street. That was before all the economic messiness, of course, and last month the project was dealt a death blow when several banks foreclosed on the property. Now the already bad situation is getting worse.