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According to court filings, Caspersen in 2015 closed a major deal to recapitalize a private equity fund and then embezzeled an $8.1 million fee the fund had paid to PJT. To recoup the money owed to PJT, Caspersen defrauded Moore, which supports environmental nonprofits, into investing $25 million in the deal even though it had already been completed. The foundation sued PJT the following year, claiming the bank had been negligent in failing to more closely supervise Caspersen after he delayed in remitting the $8.1 million fee to the bank. Caspersen's fraud should have been foreseeable in light of the missing $8.1 million fee "and Caspersen’s purportedly sloppy attempt to cover up his embezzlement," Cannataro wrote. The case is The Moore Charitable Foundation v PJT Partners Inc, New York Court of Appeals, No.

Persons: Andrew Caspersen, Anthony Cannataro, Moore, Caspersen, PJT, Cannataro, Madeline Singas, Singas, Michael Garcia, Stephen Shackelford, Susman Godfrey, Aidan Synnott, Paul Weiss Rifkind Wharton, Garrison Read Organizations: Bank, NY, The New, Appeals, PJT Partners, Moore Charitable, Park Hill Group, Caspersen, New, Thomson Locations: The New York, PJT, Caspersen, New York

☆ The Left’s War on the Rule of Law
▼ + stars: | 2023-05-17 | by ( Ed Meese | Kelly Shackelford | ) www.wsj.com time to read: 1 min

Journal Editorial Report: 'Ethics' is the latest weapon against the Court's independence. Images: Reuters/Getty Images Composite: Mark KellyThe left was able for decades to get through the courts, including the Supreme Court, what it couldn’t get through Congress. Today, however, liberals are trying to subvert the legitimacy of the Supreme Court because it contains a majority of justices committed to the Constitution and the rule of law. Suddenly, instead of repeatedly approving the left’s agenda, the federal judiciary has become one of its greatest impediments. Believing they can no longer win at the court, progressives now want to change the rules of the game.

[1/3] Dominion lawyers embrace after Dominion Voting Systems and Fox settled the defamation lawsuit over Fox's coverage of debunked election-rigging claims, in Wilmington, Delaware, U.S., April 18, 2023. At least 31 lawyers from nine different law firms worked on the case, court filings show. It was not immediately clear how large a share of the settlement the firm would receive in legal fees. The filings do not include recent costs associated with preparing for trial or the success fees lawyers could earn from the settlement. Fox News also hired Paul Clement and Erin Murphy, top appeals court lawyers who have advocated for conservative causes at the U.S. Supreme Court.

CNN —A “large and extremely dangerous” tornado has been observed over Cole, Oklahoma, according to the National Weather Service. The tornado has rolled through southeastern Cleveland and west-central McClain counties in the central portion of the state. These storms are capable of producing large hail and damaging winds, with a limited tornado potential, along west of Hwy 75. These storms are capable of producing large hail and damaging winds, with a limited tornado potential, along west of Hwy 75,” the National Weather Service in Tulsa said. On Thursday, the severe storms threat shifts to the east to include eastern Texas, northwestern Louisiana, southeastern Oklahoma, southeastern Missouri and much of Arkansas.

☆ Who won the Fox-Dominion case? Lawyers and an obscure private-equity fund
▼ + stars: | 2023-04-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

That remains true in the case of Fox News and Dominion Voting Systems, which averted a trial with an 11th-hour deal Tuesday. Money aside, Fox had to acknowledge the court’s ruling that “certain claims about Dominion” that Fox perpetuated on-air were in fact false. The Neutral-to-Positive Winner: Dominion Voting SystemsFor more than two years, Dominion spent untold amounts of money building a defamation case against one of the most popular TV networks on the planet. Davida Brook, left, Justin Nelson, second from left, and Stephen Shackelford, attorneys for Dominion Voting Systems, exit the New Castle County Courthouse in Wilmington, Delaware, on Tuesday. But for a company that’s valued somewhere between $30 million and $80 million, it’s quite a deal.

The voice on the other end asked Roscoe if he would serve as an eleventh-hour mediator in the massive defamation lawsuit filed by Dominion Voting Systems against Fox News. “I said yes,” Roscoe told CNN on Wednesday, recalling advice his father gave him at the age of 16 about accepting work assignments while on vacation. Eduardo Munoz/Reuters/Eric Lee/Bloomberg/Getty ImagesIn the lead up to the last-second deal, attorneys for both Fox News and Dominion were fully expecting a trial. Last week, Dominion had notified Fox News that one of its first witnesses would be Rupert Murdoch, the 92-year-old Fox Corporation chairman, a person familiar with the matter told CNN. “Presence in the courtroom often tends to crystalize the focus of the risks and benefits of litigation,” Roscoe told CNN.

☆ A $787.5 Million Settlement and Embarrassing Disclosures: The Costs of Airing a Lie
▼ + stars: | 2023-04-18 | by ( Jim Rutenberg | Katie Robertson | ) www.nytimes.com time to read: +1 min

In settling with Dominion Voting Systems, Fox News has avoided an excruciating, drawn-out trial in which its founding chief, Rupert Murdoch, its top managers and its biggest stars would have had to face hostile grilling on an embarrassing question: Why did they allow a virulent and defamatory conspiracy theory about the 2020 election to spread across the network when so many of them knew it to be false? But the $787.5 million settlement agreement — among the largest defamation settlements in history — and Fox’s courthouse statement recognizing that the court had found “certain claims about Dominion” aired on its programming “to be false” — at the very least amount to a rare, high-profile acknowledgment of informational wrongdoing by a powerhouse in conservative media and America’s most popular cable network. “Money is accountability,” Stephen Shackelford, a Dominion lawyer, said outside the courthouse, “and we got that today from Fox.”The terms of the agreement, which was abruptly announced just before lawyers were expected to make opening statements, did not require Fox to apologize for any wrongdoing in its own programming — a point that Dominion was said to have been pressing for.

☆ Who is Matthew Kacsmaryk, the Trump-appointed Texas judge who could ban abortion pills?
▼ + stars: | 2023-02-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +8 min

Matthew Kacsmaryk is a Texas federal judge who was nominated by Donald Trump in 2017. Kacsmaryk graduated from Abilene Christian University in 1999 and received his law degree from the University of Texas School of Law in 2003. The Post reported that it was during law school when Kacsmaryk focused on abortion rights. Kacsmaryk also served as the executive editor of the Texas Review of Law & Politics and received two Dean's Achievement Awards, according to the questionnaire. During his undergraduate years, studying political science, Kacsmaryk was outspoken about his conservative views and stances on abortion.

☆ How the U.S. Can Use Taxes to Improve Cybersecurity
▼ + stars: | 2023-02-16 | by ( Scott Shackelford | ) www.wsj.com time to read: 1 min

Dr. Shackelford is a professor of business law and ethics at Indiana University’s Kelley School of Business, and executive director of both the Ostrom Workshop and Center for Applied Cybersecurity Research. Benjamin Franklin famously lamented that in this world, nothing is certain except death and taxes. In 2023, we might add a third surety to 21st-century life: cyberattacks.

☆ Nearly 1,000 flights already canceled Tuesday as winter storm rolls through the US
▼ + stars: | 2023-01-31 | by ( Robert Shackelford | ) edition.cnn.com time to read: 1 min

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☆ How Anti-Abortion Activists Bought Access to the Supreme Court
▼ + stars: | 2023-01-07 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +29 min

In exchange for as little as a few thousand dollars in contributions to the nonprofit, these people received easy access to events where Supreme Court justices would be. Supreme Court Historical society trustee Jay Sekulow, center, represented President Trump during the latter's impeachment trial in 2020. Anti-abortion advocates cheer in front of the Supreme Court after the decision in Burwell v. Hobby Lobby Stores was announced in 2014. Alito did not respond to a request for comment on his involvement in the Supreme Court Historical Society. Supreme Court justices, though, aren't even required to stay within those weak guardrails because no code of ethics governs justices' behavior.

☆ Tornadoes leave a trail of destruction in Louisiana and the Southeast, killing at least 3, collapsing homes, knocking out power
▼ + stars: | 2022-12-15 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +2 min

CNN —A severe weather system cutting through the South has left a trail of destruction in Louisiana, killing at least three people and injuring dozens of others as violent tornadoes touched down, collapsing homes, turning debris into projectiles and knocking out power. Multiple communities throughout Louisiana reported destruction, with roofs ripped off, homes splintered, debris littering roadways and cars flipper over. As ferocious winds downed power lines, more than 50,000 customers were left without power in across Louisiana and Mississippi Wednesday evening, according to PowerOutage.us. More than 40 tornadoes were reported in Louisiana, Mississippi, Oklahoma and Texas over Tuesday and Wednesday, according to the Storm Prediction Center. More than 15 million people could see severe weather Thursday in parts of Florida, Georgia and the Carolinas as the severe weather shifts the east, according to CNN Meteorologist Robert Shackelford.

☆ US weather forecast: A massive, deadly storm that spawned tornadoes is heading east, bringing fierce snow and dangerous travel conditions
▼ + stars: | 2022-12-14 | by ( Holly Yan Monica Garrett Robert Shackelford | Holly Yan | Monica Garrett | ) edition.cnn.com time to read: 1 min

CNN —The deadly storm system that destroyed homes in the South is heading east, threatening more tornadoes, freezing rain, treacherous travel and power outages. At least two people were killed in Louisiana as the system’s vicious winds tore through communities from Oklahoma to Texas to Mississippi. Now on the cold side of this massive, multifaceted storm, more than 35 million people from Utah, Idaho and Montana all the way to New England are under winter weather alerts Wednesday. And a half million people in at least four states are under blizzard warnings until Thursday morning.

CNN —A large winter storm system slammed into the western US over the weekend, blanketing mountain areas with heavy snow before taking aim at the South, where it’s expected to bring severe weather, with strong winds, hail and tornadoes possible. More than 15 million people in 14 states are under some sort of a winter weather alert as the powerful storm moves across the county. A multi-day severe storm threat begins Monday for parts of the South and southern central US. A slight threat for severe weather has been issued for parts of western and central Kansas and Oklahoma into northwestern Texas. Duluth, Minnesota, could also see 6 inches of snow and will be under a winter storm watch starting Tuesday morning.

☆ Think tank discusses Xi Jinping's visit to Saudi Arabia
▼ + stars: | 2022-12-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailXi's Saudi Arabia visit probably meant to show the Chinese he's 'doing big things,' think tank saysElizabeth Shackelford of the Chicago Council on Global Affairs says "I'm not sure that is going to be a focus at all of the Chinese people."

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