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Hearing Leads to Accord, Answers on Viacom Control & Sumner Redstone's Empire

Posted by Arlin Crisco on Aug 26, 2016 9:50:43 PM

Canton, MA—At the urging of a Probate and Family Court judge, parties battling over the future of Sumner Redstone's $40 billion media empire took a break from a Friday pre-trial hearing and returned announcing they’d made strides toward a deal that could ultimately resolve the tangle of disputes between them. Dauman v. Redstone, 16-E0020.

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Topics: Dauman v. Redstone, Massachusetts

|BREAKING NEWS| PricewaterhouseCoopers Settles $5.5B Accounting Negligence Suit by Taylor Bean Trust

Posted by Arlin Crisco on Aug 26, 2016 5:39:33 PM

Miami—PricewaterhouseCoopers settled a $5.5 billion accounting negligence case against it, midway through a Florida state court trial over the accounting giant’s alleged responsibility for failing to detect widespread fraud that led to the collapse of one of the nation’s largest home mortgage lenders. Taylor Bean & Whitaker Plan Trust v. PricewaterhouseCoopers LLP, 2013-033964-CA-01.

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Topics: Negligence, Florida, Malpractice, Accounting, Taylor Bean Plan Trust v. PricewaterhouseCoopers

Former Railroad Worker's Suit Against R.J. Reynolds Time-Barred, Defense Claims in Trial Over COPD

Posted by Meghan Gourley on Aug 26, 2016 5:17:01 PM

West Palm Beach, FL—Attorneys battled Wednesday over whether the statute of limitations bars a former smoker's suit against R.J. Reynolds for the respiratory disease that renders him dependent on an oxygen tank, as trial opened in the case. Hackimer v. R.J. Reynolds, 2014-CA-010849. 

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Topics: Negligence, Products Liability, tobacco, Engle Progeny, Florida, Hackimer v. R.J. Reynolds

Snap Judgment: Jurors' Quick Verdict Clears R.J. Reynolds in $8M+ Trial over Health Dept. Worker's Fatal Cancer

Posted by Meghan Gourley on Aug 26, 2016 4:24:06 PM

Stephanie Parker delivers her closing argument for R.J. Reynolds at trial over the lung cancer death of Rebecca Fredenhagen. Jurors Thursday cleared Reynolds of responsibility for Fredenhagen's death. 


Daytona Beach, FL—Jurors Thursday needed less than an hour to reject the claims of siblings who sought up to $8 million in compensatory damages plus untold punitives from R.J. Reynolds for the lung cancer death of their mother, a former Florida health department worker. Coursey v. R.J. Reynolds, 2013-30656-CICI. 

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Topics: Negligence, Products Liability, tobacco, Engle Progeny, Florida, Coursey v. R.J. Reynolds

In $5.5B Trial Against PwC, Ex-Taylor Bean General Counsel Defends Sales Agreements, Details Financial Devastation

Posted by Arlin Crisco on Aug 25, 2016 12:16:10 PM

 

Taylor, Bean & Whitaker former general counsel, Jeffery Cavender, engages in a heated exchange on cross exam over provisions of an agreement between the company and Colonial Bancgroup.


Miami—As the $5.5 billion accounting negligence trial against PricewaterhouseCoopers entered its third week Monday, the former general counsel of failed mortgage giant Taylor, Bean & Whitaker wrapped up two days of testimony over agreements that led to the company’s collapse, and caused one of the biggest bank failures of the Great Recession era.  Taylor Bean & Whitaker Plan Trust v. PricewaterhouseCoopers LLP, 2013-033964-CA-01.

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Topics: Negligence, Florida, Malpractice, Accounting, Taylor Bean Plan Trust v. PricewaterhouseCoopers