Quantcast
Add Rakoff ruling on damages

STRIKE TWO: Also tossed out was the issue of "locked in damages," which had been calculated at £2 billion ($3.2 billion) according to Citigroup attorney Jay Cohen, who was cross-examining DeMario on Oct. 22.  When questioned by the judge where he was going in his examination, he answered, "I'm going to establish in a minute what her testimony is about 2007, but the testimony, as I understand it, is going to be that as of the day the transaction closed, they lost £2 billion." But DeMario will still be allowed to testify on her estimate for "fair market value damages", although Rakoff threw in the caveat that "a reasonable jury could well find that the methodology proposed by the defense is preferable, but that seems to me to be a jury question." (10/29a)

YOUR TOP 20: WEEKND VS. WAVE
Deja vu all over again? (4/7a)
GORES RESETS: STARTS RELIEF FUND, FOREGOES SALARY
What a change of heart. (4/7a)
A MESSAGE FROM
SIR LUCIAN
Hallelujah (4/7a)
STYLED BY STYLES
Fashion in the time of coronavirus (4/7a)
MAYBE, JUST MAYBE, PART 5: EVERYBODY’S WORKING FOR
THE WEEKEND
More werds of whizdom from our Editur in Cheef (4/6a)
WE FOUND SOME TOILET PAPER
Also known as back issues of HITS.
SOCIAL DISTANCING
We turn out to be pioneers.
STREAMING STORIES
The music doc shows new muscle.
ELECTION 2020
Not postponed yet.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)