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Centerra developer McWhinney sues former partners, says bogus loans, fraud led to foreclosure
ByadminMcWhinney on Aug. 15 won a $ 42 million judgment against Poag & McEwen Lifestyle Centers-Centerra, LLC of Memphis, Tenn., after a battle in Larimer County District Court that started in 2011. The Loveland-based company discovered additional acts of alleged fraud during the discovery process in the first lawsuit and on Nov. 8 filed a…
Seyfarth reportedly lays off 40 lawyers and several staffers
Seyfarth Shaw has confirmed layoffs of lawyers and staff members, though the law firm didn’t specify how many were affected. Sources say 40 lawyers and several staff members were laid off, according to Above the Law, which was first with the news, the Am Law Daily (sub. req.), Bloomberg Big Law Business and Crain’s Chicago…
ABA urges Senate not to weaken Medicaid through Affordable Care Act repeal bill
The American Bar Association on Monday voiced opposition to Senate proposals to cut federal Medicaid funding through the repeal of the Affordable Care Act. The ABA sent a letter (PDF) to Senate Majority Leader Mitch McConnell on Monday, outlining its reasons for opposing changes that would “weaken the current entitlement nature of the program.” ABA…