F. Lee Bailey is broke and working as a consultant above the hair salon of his girlfriend.The Washington Post has that summary of Bailey’s life, gleaned from a profile in Town & Country magazine. Bailey was one of the lawyers on O.J. Simpson’s defense team in 1995 when the former National Football League superstar was acquitted of the murder of his ex-wife, Nicole Brown Simpson, and her friend, Ron Goldman.Bailey, 83, was disbarred for his handling of stock owned by a drug-smuggler client and filed for bankruptcy in 2016. He filed for bankruptcy again in June to create a payment plan for debts he couldn’t discharge in last year’s bankruptcy, the Bangor (Maine) Daily News reported.Today, he lives with hairstylist Debbie Elliott, his girlfriend of seven years, and runs a consulting business above the salon in Yarmouth, Maine.The consulting business is called Bailey & Elliott. The business website says services include advice on starting a new company and … [Read more...] about F. Lee Bailey: Where is he now?
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As many as 9 million homeowners may lose their homes to foreclosure over the next four years, with nearly one in eight mortgages delinquent or in the process of foreclosure, according to a June report from the Center for American Progress.And subprime loans are not the only problem: Studies show that prime loans account for most new foreclosures.As a result, state and municipal court systems—inundated with homeowners, renters and landlords—are quickly turning the process over to mediation programs to avoid or forestall foreclosure.Over the last two years, mediation systems have sprung up in various jurisdictions, including in the states of Connecticut and Florida and in the cities of Milwaukee, Philadelphia and Los Angeles.“The vast majority of these folks would have been facing a sheriff forcing them from their homes,” says Ian Phillips, legislative director for the Pennsylvania chapter of the Association of Community Organizations for Reform Now, the … [Read more...] about Home Settling
John Grisham is a best-selling author who has seen many of his books become major Hollywood pictures. Jason Bailey is a first-time author who maintains a busy legal practice in western Colorado and only writes during his spare time.What do these two writers have in common? This year, they are each winners of legal fiction-writing contests sponsored by the ABA Journal.Grisham’s book, Sycamore Row, won the 2014 Harper Lee Prize for Legal Fiction, which is co-sponsored by the University of Alabama School of Law. Grisham, who won the very first Harper Lee Prize in 2011 for The Confession, was honored in a ceremony held Aug. 28 in Washington, D.C., in conjunction with the Library of Congress National Book Festival. Sycamore Row, which is the sequel to one of Grisham’s best-known books, A Time to Kill, was awarded the prize by a judging panel that consisted of sports columnist Kevin Blackistone; author and screenwriter Fannie Flagg (Fried Green Tomatoes); attorney Dan Kornstein … [Read more...] about Harper Lee, ABA Journal fiction prizes announced
When Yates Hazlehurst got the measles, mumps and rubella vaccine in February 2001, three days before his first birthday, he had just begun to talk, uttering words like Mama, Dada and please. Within a few months, Yates stopped speaking—in words, anyway—and instead became obsessed with numbers and letters. He also stopped looking people in the eye. And he developed physical ailments, including severe stomach problems and recurrent infections. He also became so rambunctious that his family started restraining him with a harness.The changes alarmed Yates’ mother, though his father initially took it all in stride. “I thought, ‘Boys will be boys; he’s fine,’” recalls Rolf Hazlehurst, an assistant district attorney in Jackson, Tenn.Eventually, however, when Yates started hitting his head against the wall, Rolf couldn’t deny something was wrong. “He had become a wild, uncontrollable maniac,” he says.Yates now requires intensive … [Read more...] about The Immune Response
This report is written by the ABA Governmental Affairs Office and discusses advocacy efforts by the ABA relating to issues being addressed by Congress and the executive branch of the federal government.Every spring, hundreds of state and local bar leaders descend on Capitol Hill to lobby members of Congress on issues of importance to the legal profession as part of ABA Day in Washington. This year, however, an important goal was reached. For the first time in the event’s 16-year run, representatives from all 50 states and the District of Columbia met face to face with members of their congressional delegations. Attendees also posted their experiences and comments from ABA Day—which actually now spans three days—on Twitter for the first time.The bar representatives who came the farthest—from Alaska and Hawaii—brought this year’s state participation to 50.Alaska lawyer Lynn M. Allingham of Anchorage was attending her first ABA Day. She emphasized the … [Read more...] about All In: For the First Time, Every State Is Represented at the Annual ABA Lobbying Event in D.C.
Last week a futures commission merchant and its controller were both named in an enforcement action by the Commodity Futures Trading Commission for their alleged failure to immediately file a notice with the CFTC when, for one night, the firm failed to have sufficient customer funds in segregation and enough of its own funds in a customer segregated account as a buffer, following a clerical error. In addition, the principal financial regulator of Dubai barred a rogue trader who hid approximately US $11 million of trading losses through position mismarking, while the incoming head of the UK Financial Conduct Authority identified “hubris risk” as a dangerous risk firms can only mitigate through adoption of a good culture. As a result, the following matters are covered in this week’s edition of Bridging the Week:Controller of FCM Named in CFTC Complaint, Along with Firm, for Failure to Timely Notify Commission of Segregation Breach;Dubai-Based Trader Barred by DFSA … [Read more...] about Bridging the Week by Gary DeWaal: May 9 – 13 and May 16, 2016 (Personal Liability; Rogue Trader; Hubris Risk; Spoofing)
Debra Kelly thought she had all her bases covered.Kelly, a lawyer in Trumbull, Conn., had followed every good business practice on fees she ever learned. Most important, she had the client sign a fee agreement and deliver a hefty retainer at the beginning of the case.But the pace of her client’s divorce and child custody dispute became dizzying. The numerous hearings quickly depleted the retainer and, although the client did occasionally restock the escrow account, Kelly soon found herself falling into a deepening sinkhole filled with red ink.Before she knew it, Kelly’s client owed her thousands of dollars in unpaid fees, and the case was too far along for her to withdraw. Kelly continued to represent the client right up until he and his wife reconciled.The client couldn’t have been happier with the outcome. His thanks to her, however, was an unpaid bill for $6,000.Fees are both the lifeblood and the bane of every lawyer’s existence. It’s … [Read more...] about It’s Not Just About Money
Just weeks before the Nov. 2 elections, coal company executive Don L. Blankenship issued a statement saying he had contributed “approximately $1 for every West Virginian” in the contest for a supreme court seat. Blankenship was responding to the buzz over his spending $1.7 million of his own money to bring down an incumbent justice he believed was bad for business.By Election Day, he had ponied up nearly another dollar per person, bringing the total to an estimated $3.5 million.It paid off. Blankenship’s attack ads and automated phone calls are credited with tipping, or pushing, the election to Republican challenger Brent Benjamin.Before this past year, the biggest known contribution from an individual in a judicial election was $250,000 in the early 1980s in Texas, says Roy A. Schotland, a Georgetown University Law Center professor and longtime observer of judicial elections.“Even adjusted for inflation, what happened in West … [Read more...] about Mud and Money
I. IntroductionPresident Obama and the Democrats are on the verge of making history. Since Theodore Roosevelt first proposed the idea of health care reform, nearly every President has tried, and failed, to enact such reform. The Democrats’ plan, however, includes a controversial policy that, if enacted, would constitute a violation of Congress’s authority under the United States Constitution.There is no denying that President Obama and the Democrats have good intentions in implementing an individual mandate to purchase health insurance. A legitimate argument exists that if all Americans have health insurance, fewer people will freeload the system, leading to a decrease in premiums. At a time when the economy is dwindling and health care costs are on the rise, Americans are surely open to any ideas that will lower costs. But does the federal government have the authority to mandate that all individuals purchase health insurance? In … [Read more...] about Purchase Health Insurance or Else: Why Individual Health Insurance Mandates Enacted by the Federal Government Are Unconstitutional