lawsuits

Last-Minute Madoff Victim Still Wants His Money Back

cityfile · 03/20/09 02:27PM

Just days before Bernie Madoff was arrested, a Bronx businessman named Martin Rosenman handed over $10 million of his family's money to the now-imprisoned financier's investment firm. Terrible timing, no doubt, but Rosenman quickly argued that he hadn't actually intended to have Madoff invest the cash until the following month, so he was entitled to get his money back pronto, and shouldn't be treated like the thousands of shlubs who'd fallen victim to Madoff months or years earlier. A federal judge ruled against Rosenman in February and instructed him to take his place in line with everyone else, thank you very much. But it seems Rosenman isn't taking no for an answer. Today he filed notice that he intends to appeal the ruling. Best of luck with that, Marty—you'll need it. The court papers are below.

Countess Divorcée Needs $53K a Week, Minimum

Hamilton Nolan · 03/20/09 08:47AM

Some people's entire lives were created just to help the tabloids stoke class warfare. There's no other explanation for Swedish countess Marie Douglas-David, who needs $53K per week just to survive. She can prove it!

Wacky Discovery Founder Sues Amazon.com over Kindle

Owen Thomas · 03/18/09 12:26PM

Discovery Communications, the owner of cable channels like FitTV and Animal Planet, is suing Amazon.com, maker of the Kindle, over an electronic-books patent taken out by its founder and CEO, John Hendricks, years ago.

75 Wall's Troubles Continue to Mount

cityfile · 03/17/09 12:40PM

There's been a flurry of activity at 75 Wall Street lately. But not the good kind! Over the past few months, condo buyers have been filing suit to extricate themselves from contracts they signed during the boom times, demanding that developers return the down payments they put down when the apartments were worth 30 or 40 percent more than they're worth today. One of the buildings particularly under siege right now: 75 Wall, the David Rockwell-designed condo conversion that has adopted some of the most desperate tactics to drum up buyers in recent weeks. The building's developer, the Hakimian Organization, is now facing three separate suits from people now seeking an out, all filed by the New Jersey law firm of Wilentz, Goldman & Spitzer. Whether any of them end up getting their money back remains to be seen. In the meantime, you can look over the suits for yourself after the jump.

Another Suit for Solow

cityfile · 03/11/09 11:38AM

It's no fun being Sheldon Solow these days. In December, Citigroup filed suit against the developer, alleging he'd failed to pay back more than $80 million in loans related to the development of a series of buildings along the East River waterfront. Now it appears Solow has another legal mess to contend with.

The Worst Job in the World Belongs to Tim Geithner

cityfile · 03/10/09 12:40PM

Treasury Secretary Tim Geithner is enduring the most challenging stretch of his career for many reasons: His credibility took a hit before he even took the job thanks to his little tax issue, he's managing the nation's finances during quite possibly the bleakest moment in American economic history, and in recent weeks he's been isolated in a sad, lonely office where he's had to make do with a skeletal staff. One more reason why Geithner may have the worst job in the world (with the possible exception of Citigroup CEO Vikram Pandit): When a disgruntled former employee of the IRS decides to sue the agency because it didn't give him a "riser for his computer monitor" or the larger cubicle he requested, and he suffers severe neck and back pain and emotional distress as a result, it's Geithner's name that appears all over the lawsuit. Poor Timmy. The full suit is below.

Merkin Sued Again

cityfile · 03/09/09 08:55AM

J. Ezra Merkin, the disgraced money manager who steered more than $2 billion to Bernie Madoff, has a new lawsuit to contend with. NYU filed suit against Merkin last month, accusing him of losing $24 million of the unversity's endowment due to his "deliberate ignorance." Now a pension plan, which says it lost $4 million investing in Merkin's various funds, is taking action, too. The full complaint appears below.

The Case Against Michael Wolff

cityfile · 03/06/09 12:06PM

Michael Wolff is a lousy husband and, as we learned today, a lousy son-in-law, too. If you'd like to take a look at the lawsuit filed against Wolff and his wife by 85-year-old Edith Anthoine—she claims the pair tried to force her out of her apartment—we posted a copy of it below. Earlier we listed one way Condé Nast could save a few bucks as it embarks on another round of budget cuts. Here's one more: terminate Michael Wolff's contract with Vanity Fair. We're no lawyers or anything, but we have a feeling that sleeping with an intern constitutes just cause.

Chris Rock's Baby Mama Drama

cityfile · 03/04/09 09:44AM

It's been more than a decade since Chris Rock first made tabloid headlines when it was reported that he'd had a fling with Monika Zsibrita, a Hungarian model whom he met over Sunday brunch at the Four Seasons in LA. Unfortunately for Rock, the brief liaison has dogged him ever since. Zsibrita later accused him of raping her and suggested he was the father of her child; Rock, in turn, hired Anthony Pellicano to investigate Zsibrita and was forced to testify about his relationship with the disgraced private eye at his wiretapping trial last year. It doesn't appear Rock will be able to put the matter behind him anytime soon. Although no charges were ever filed against Rock—and paternity tests concluded he wasn't the father of her child—Zsibrita slapped Rock with a civil suit last August, claiming that Rock forced himself on her, had dispatched Pellicano to intimidate her, and then had damaged her reputation when he talked about the case on Howard Stern's radio show. (She also disputes the results of the paternity test.) The court documents were sealed when the suit was originally filed last year, but a judge lifted the seal late last week. We've obtained the court papers, and you can have a look at the raunchy allegations for yourself after the jump.

'Sexual Predator' CEO Accused of Attacking His Assistant

Owen Thomas · 03/03/09 01:33AM

Greg Shenkman, CEO of a San Francisco software company, allegedly used work visas to import an Eastern European woman as a sexual plaything, according to a former assistant who is charging him with sexual battery.

Litigiousness: Now More Affordable Than Ever!

cityfile · 03/02/09 09:21AM

Through the recession-blackened debris of our once great nation, there blows a consolatory treasure, a reminder, if you will, of what being American is all about: suing people! Thanks to the mass layoffs of lawyers—on February 12th alone, 800 law firm employees were let go—the cost of a lawsuit should drop "for the first time in history," explains Mark Penn, the CEO of the PR firm Burson-Marsteller and the scandal-plagued strategist who worked on Hillary Clinton's presidential campaign. Music to the ears, no doubt, of women who have ever been employed by Simon Hammerstein, or of waitstaff at basically any New York restaurant.