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Court hearing could speed way for Revel casino sale
Headline News |
2015/02/09 15:27
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The Florida developer buying Atlantic City's former Revel Casino Hotel could find out by the end of the day Monday how much longer he'll have to wait for it.Glenn Straub agreed late Sunday night to extend the deadline for his $95.4 million purchase to be completed.
The sale was supposed to close on Monday.Instead, U.S. District Court Judge Jerome Simandle will hold a hearing at 3 p.m. to hear from former tenants at Revel, including the popular HQ nightclub and celebrity restaurants, as well as the building's sole utility service provider.
The tenants say their $16 million investment should be considered before the court lets Straub buy Revel free and clear of their leases. And the power plant is seeking assurances its unpaid bills and debt from its construction will be paid.
Though much of the urgency of Monday's hearing has been avoided by Straub's willingness to wait, it still has the potential to resolve the most contentious issues standing in the way of Revel's sale.
ACR Energy Partners is threatening to cut off electricity, heat, air conditioning and water to the building if its debts are not paid.
They intended to pull the plug last Thursday, but agreed to keep the power flowing at least until Wednesday when a bankruptcy court judge will consider the issue.Revel and ACR say they are working toward a resolution that could eliminate the need for Wednesday's hearing. |
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Supreme Court halts 3 upcoming executions in Oklahoma
Headline News |
2015/02/03 16:39
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The Supreme Court has ordered Oklahoma to postpone lethal injections executions using a controversial sedative until the court rules in a challenge involving the drug.
The court's order Wednesday came as little surprise after both the state and the lawyers for three inmates who faced execution between now and March requested the temporary halt. The justices agreed on Friday to take up the challenge to the use of the sedative midazolam, which has been used in problematic executions in Arizona, Ohio and Oklahoma.
The case will be argued in April and decided by late June.
Left open by the court's order is whether Oklahoma can carry out an execution that does not involve midazolam. |
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Romanian court sentences judge to 22 years in bribe case
Legal Focuses |
2015/02/03 16:39
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A court has sentenced a judge to 22 years in prison on charges that he took bribes to rule favorably in several cases involving one of Romania's richest businessmen.
The Bucharest Appeals Court also confiscated a luxury car and money from Mircea Moldovan. The ruling is not yet final.
Businessman Dan Adamescu was also sentenced to four years and four months while judge Elena Roventa received five years and 10 months. Two other judges were also sentenced to prison.
Adamescu was convicted of instructing his lawyer — who threw himself under a train after the judges were arrested — to bribe the judges 20,000 euros ($17,700 ) in December 2013 to rule in his favor in several insolvency cases involving his companies. Adamescu denies wrongdoing. |
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Fugitive treasure hunter to appear in Florida federal court
Headline News |
2015/01/30 09:48
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A treasure hunter locked in a legal battle over one of the greatest undersea hauls in American history was scheduled to appear in federal court Thursday after two years on the run.
The U.S. Marshals Service captured former fugitive Tommy Thompson at a Hilton hotel in West Boca Raton on Tuesday. The capture was announced Wednesday by Brian Babtist, a senior inspector in the agency's office in Columbus, Ohio, where a federal civil arrest warrant was issued for him in 2012 for failing to show up to a key court hearing. A criminal contempt warrant was unsealed Wednesday.
Thompson had been on the lam for two years, accused of cheating investors out of their share of $50 million in gold bars and coins he had recovered from a 19th century shipwreck.
Thompson made history in 1988 when he found the sunken S.S. Central America, also known as the Ship of Gold. In what was a technological feat at the time, Thompson and his crew brought up thousands of gold bars and coins from the shipwreck. Much of that was later sold to a gold marketing group in 2000 for about $50 million. |
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Panama high court OKs corruption probe of ex-president
Headline News |
2015/01/30 09:48
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Panama's Supreme Court voted Wednesday to open a corruption probe against former President Ricardo Martinelli, a move likely to rally popular support in a nation where the politically powerful rarely face justice for misdeeds.
A statement from the court said all nine judges voted to appoint a special prosecutor to investigate Martinelli over allegations he inflated contracts worth $45 million to purchase dehydrated food for a government social program.
The accusation is based on the testimony of a political ally, Giacomo Tamburelli, the former head of the National Assistance Program who has said he was taking orders from the then president to inflate contracts. He is now under house arrest.
Martinelli, a billionaire supermarket magnate, has denied the charges and says he is the target of political persecution by his successor, Juan Carlos Varela, who broke with the government in 2011 while serving as Martinelli's vice president and foreign minister. |
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Arizona sheriff could face civil contempt hearing in court
Lawyer News |
2015/01/19 14:54
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An Arizona sheriff could face a civil contempt hearing in federal court for his office's repeated violations of orders issued in a racial-profiling case.
U.S. District Judge Murray Snow held a telephonic conference Thursday and told Maricopa County Sheriff Joe Arpaio's attorneys that the six-term sheriff may face an April 21-24 hearing.
But a top lawyer with the Arizona chapter of the American Civil Liberties Union said Friday that Snow stopped short of officially ordering the hearing. The judge has given both sides until Jan. 23 to file additional paperwork.
At a Dec. 4 hearing, Snow sent strong signals that he intended to pursue contempt cases that could expose Arpaio to fines and perhaps jail time.
Lawyers for the sheriff didn't immediately return calls for comment on the possible civil contempt hearing.
Dan Pochoda, senior counsel for the Arizona ACLU, said Friday that Arpaio's office could face sanctions or fines for not following court orders and "fines to deter future bad acts and fines to compensate anyone permanently harmed" in the racial-profiling cases. |
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