Major League Baseball asked a judge to sanction a former spokesman for New York Yankees third baseman Alex Rodriguez, claiming he’s dragging his feet to avoid turning over documents subpoenaed in an arbitration over the player’s alleged use of performance-enhancing drugs.
New York Yankees third-baseman Alex Rodriguez asked a judge to block a subpoena requiring the head of the public relations firm Sitrick & Co. to provide evidence in Rodriguez’s arbitration with Major League Baseball.
Major League Baseball’s commissioner sued to compel the head of the public-relations firm Sitrick & Co. to comply with a subpoena issued by a panel arbitrating a dispute with New York Yankees third-baseman Alex Rodriguez.
Until April 2011, Patrick “Pete” Dodd, a former money manager at Liberty Life Insurance Co. in Greenville, South Carolina, invested customer premiums in what he calls a “squeaky clean” portfolio: bonds backed by state governments and blue chip corporations.
Dewey & LeBoeuf LLP, whose bank loans are partly secured with money due from clients, told partners they can’t have their monthly pay until they send all the bills for their services, a person familiar with the matter said.
Law firm Dewey & LeBoeuf LLP was assailed by the U.S. trustee who supervises bankruptcies over nine proposals to hire advisers, including the law firm of Togut Segal & Segal LLP, and a six-week budget of $7 million for paying the firms.
Dewey & LeBoeuf LLP, which has lost more than a third of its partners in recent weeks, saw its merger and acquisition chief and a team of London litigators depart as the price of its bonds slumped in private trades.
Dewey & LeBoeuf LLP partners whose guaranteed contracts undermined the firm may get about a dime on the dollar for what they’re owed, no better than the janitors who cleaned their offices, bankruptcy specialists said.
Bank of New York Mellon Corp. yesterday won a U.S. Appeals Court ruling affirming its entitlement to a $312 million lien on the holdings of the bankrupt suburban Chicago cash management firm Sentinel Management Group Inc.