Wal-Mart Vendor Fails To Nix $24M Offset Over Venture By Samuel Howard Law360, New York (March 29, 2010) — A Wal-Mart Stores Inc. vendor has failed to overturn a trial court’s decision to offset a $12.8 million judgment against Pou Chen Corp. with $24 million in damages still owed to Pou Chen in connection with...Read More

Andrews’ Bank & Lender Liability Litigation Reporter July 20, 2009 Foreclosure CALIF. ARBITRATOR HALTS FORECLOSURE SALE ON CONDOCOMPLEX Copyright © 2009 Thomson Reuters Citing the current economic climate, an arbitrator has determined that a lender cannot go through with a planned foreclosure sale on a California condominium complex. Robert E. Thomas, a retired judge working...Read More

Opinion: Bust-out schemes are a fraud designed to make you go bust By A. Sasha Frid June 06, 2008 Increasing globalization is proving to be a boon for perpetrators of a type of fraud known as a “bust-out scheme.” This kind of fraud, commonplace in the computer and electronics industry, victimizes legitimate manufacturers and retailers....Read More

Jackson owes $5.3 million Jury returns verdict in favor of concert promoters    By Elizabeth Rodriguez Entertainer Michael Jackson reneged on a contract with Marcel Avram and will have to pay the concert promoter $5.3 million for failing to perform at two millennium concerts, a Superior Court jury in Santa Maria decided Thursday. Both sides claimed...Read More