Former Girardi Keese clients are trying to prevent the law firm's bankruptcy trustee from hiring San Francisco lawyers who bill up to $975 hourly to investigate legal lenders who poured cash into the ailing firm, saying professionals already involved in the case could do that for far less.
Girardi Keese's bankruptcy trustee wants to investigate several litigation lenders who poured tens of millions of dollars into the firm in recent years, even as it appeared that founder Thomas V. Girardi was spending the money improperly, according to a document filed Wednesday in Los Angeles bankruptcy court.
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Both the plaintiffs and the defendants in a Juul Labs Inc. multi-district litigation lawsuit sent a letter to Northern District of California Judge William H. Orrick on Tuesday expressed their arguments for how the bellwether trials in the lawsuit should be heard, following instructions given by the court. Juul asked for the cases to be tried separately, while the plaintiffs asked for them to be tried together.
The plaintiffs in their letter argued that under procedural rules the six bellwether cases being considered should be tried together, and suggested that if the court wishes to do smaller trials it should divide the plaintiffs into groups either based on whether they are pursuing common law claims or statutory claims or separate the two claims from Florida residents from the others.
/PRNewswire/ The following statement is being issued by Girard Sharp LLP and Blau & Malmfeldt regarding The Parking REIT Securities Litigation: ARTHUR.