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Herrick K. Lidstone to teach at the University of Colorado Law School
Law Firm News/Colorado | 2008/11/17 13:48
During the spring of 2009, Herrick K. Lidstone, Jr., will be teaching a course at his alma mater, the University of Colorado Law School, Boulder, Colorado as an adjunct professor. This course is intended for third year law students and is concerned with the various federal statutes regulating the issuance of securities and the cases and regulations that have arisen out of those statutes, with an emphasis on statutory interpretation. Mr. Lidstone will be using his book, Securities Law Deskbook with additional course materials. The 2009 supplement for the Securities Law Deskbook is in production.


Alaska Personal Injury Law Group Attorney Selected For The "Best Lawyers In America" 2009 Listing
Law Firm News/Alaska | 2008/11/05 11:44
Richard E. Vollertsen of the Alaska Personal Injury Law Group has been selected for inclusion in the "Best Lawyers In America" 2009 publication. He is now in a distinguished group of attorneys listed in the publication for over 10 years. Selection to the "Best Lawyers In America" listing is based on exhaustive and rigorous peer-review evaluations by the top attorneys in the country.

Published by Richard E. Vollertsen


Southwest Georgia Law Firm Announces Name Change
Law Firm News/Georgia | 2008/09/03 14:55
Watson Spence Lowe and Chambless, a well-established law firm in
Southwest Georgia, announced today it will now be known as simply
"Watson Spence." The name change comes amidst the 60th year of the
Firm's history. During the milestone anniversary celebration earlier
this month, the Firm paid tribute to former partners Stuart Watson,
Norman Spence and Tommy Chambless.

  Dunn Stapleton, the Firm's managing partner, said that the Web
site address will now transition to www.watsonspence.com but will
continue to be available at the old address, as well. Likewise,
attorneys and staff members will be able to receive e-mail at both
their "watsonspence.com" addresses and old e-mail addresses.

  Watson Spence has been firmly rooted in the Albany community for
60 years. The firm provides a broad range of specialized legal
services to large corporations, small businesses, individuals,
professional associations, agribusinesses and health care providers.
The firm's practice includes both state and federal trial and
appellate courts and extends to the state and national capitols before
the legislative, judicial and executive branches of government.


Penner Law Firm, LLC Principal Real Estate Attorney Acquires License to Practice in Massachusetts
Law Firm News/Connecticut | 2008/08/15 14:03
Penner Law Firm is pleased to announce that its principal real estate attorney, Scott Penner, is now licensed to provide legal services in Massachusetts. Since 2006, Penner Law Firm has performed real estate closings in Massachusetts through its associate relationships with real estate attorneys. Penner Law Firm will continue to utilize its associate real estate attorney relationships to handle title and real estate transactions on behalf of individuals and lenders. In addition to Massachusetts, Penner Law Firm also employs attorneys licensed to practice in Connecticut, New York, Delaware, Georgia and South Carolina.

Mr. Penner believes that becoming licensed in Massachusetts will enable the firm to provide legal services more efficiently. It will also open up the practice to include probate law, estate administration, will preparation and title insurance services. "Although we have had great success utilizing our Massachusetts real estate attorney relationships for the past few years, it is my belief that by conducting our business entirely in-house we will be able to streamline our current operations so that everything from contract negotiations to the actual real estate settlement will be as smooth as possible."

The desire to maintain an "exceptional level of client service" is also a number one priority for Mr. Penner. "Due to the complex and delicate nature of certain legal matters such as drafting wills, probate administration, and representing executors and other fiduciaries in estate matters, our customers are looking for a firm they can trust and work closely with. Now that we can operate independently in Massachusetts, Penner Law Firm will have complete accountability and our clients will be better served as a result."


Kelley / Uustal Wins More Than $1 Million in Back Pay for Former Alamo Employee
Law Firm News/Florida | 2008/07/17 14:44
McDonald Clark was the marketing genius behind Alamo-Rent-a-Car’s glory days.    When Alamo was taken over by Republic Industries in 1996, Republic entered into a new employment contract with Clark which provided for certain payments to Clark for 10 years if his contract was not renewed.  Republic later changed its name to AutoNation and spun off Alamo into a separate company.  When Alamo went bankrupt, AutoNation refused to make the payments.

Clark hired the attorneys at Kelley / Uustal to fight to enforce the agreement.  After six years of litigation, the jury found that Clark was entitled to $1,098,800.  The jury deliberated for only a few minutes after the four-day trial, which included testimony from a host of former Republic executives, including Steve Berrard and Michael Karsner.

“McDonald had a contract which was negotiated by Republic, written by Republic on Republic letterhead, and signed by Republic’s CEO, Steve Berrard,” explained John Uustal, who tried the case with his partner, Todd Falzone.  “Republic tried to use Alamo’s bankruptcy as an excuse to avoid responsibility.  But the jury didn’t buy it.  A deal’s a deal.”

Clark’s five-year contract with Alamo included a 10-year, $100,000-a-year salary continuation benefit that would begin at the end of the contract.  One year into the contract, Alamo was sold and Republic, now AutoNation, renegotiated the contract.  In 2000, the contract was not renewed, and Clark began receiving his salary continuation payments.  By November of 2001, however, Alamo filed bankruptcy and the payments stopped.

“AutoNation’s CEO gave Mr. Clark his word that this contract would be fully honored.  But when it came time for them to make good on that promise, AutoNation turned its back,” said Falzone.  “Thanks to the Judge and Jury, we had a fair trial and a just verdict.”

Mr.  Clark’s claim for attorney’s fees is still pending.


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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
 
 
 

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