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The People’s Lawyer’s Tip of the DayWriting a check when you do not have enough money in the bank is criminal and criminal charges may be filed. Stopping payment on a check because you are dissatisfied with the goods or services purchased is not, provided the money would have been available to pay it if payment had not been stopped. Dell Attempting to Go PrivateRound Rock, Texas based Dell Inc. has been a publicly traded company for twenty five years. The computer giant has seen incredible successes over the years, but has recently struggled to maintain its footing in the volatile tech market. As a result, Dell announced plans to once again take the company private. In order to make the transition, Dell would pay existing stockholders $13.65 per share to return the company to founder Michael Dell and Silver Lake investment group. Dell's second largest stock holder (after Michael Dell) is threatening to hold up the deal, describing the payout at "woefully inadequate." To read about the potential transition, 7 Symptoms You Should Not IgnoreWhen is a headache not just a headache? Your MoneyCalculate the true cost of debt. Click here for more. For the LawyersLegal malpractice plaintiff cannot recover “lost” punitive damages. The Kentucky Supreme Court held that a legal malpractice plaintiff could not recover lost punitive damages when suing an attorney who allegedly mishandled her personal injury case. The court held that lost punitive damages are not recoverable in a legal malpractice suit, explaining that “the nexus between the attorney accused of malpractice and the actual wrongdoer is far too attenuated. As such, a client’s general right to be made whole should yield in light of the nature and purpose of punitive damages.” Click here for more. |
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