ELLSWORTH, Maine -- A former correctional officer has settled a federal complaint filed against Hancock County officials in which he alleged jail administrators discriminated against him after he was injured during a scuffle with an inmate. Details of the out-of-court settlement were not available Tuesday because both sides agreed to keep them confidential.
As the US economy slips into or sits in a recession, numerous companies will be seeking liquidation or reorganization. The purpose of this article is to provide a framework in which a creditor can analyze whether to accept payment terms, and the "story" provided by the debtor and its financial advisors. Honest communication and sufficient information are the keys to a successful out-of-court liquidation or restructuring. Having an independent workout or financial consultant who will be able to assist the company with the crucial communication with the creditors and other constituencies is often key to the success of a successful out-of-court liquidation. If the company communicates effectively, providing credible financials and answers to questions, creditors will have sufficient inform...
A federal judge overseeing a multiparty lawsuit over city-county school consolidation continued to apply gentle arm-twisting Monday, encouraging officials to resolve the issues themselves. S. Dist. Court Judge Samuel Mays Jr. met with lawyers for 30 minutes in his chambers and then announced that representatives of the city, county and the two school systems had agreed to seek an out-of-court settlement, thus delaying Monday's court hearing for at least two weeks.
It's a get-out-of-jail-free card of sorts, an intervention and attempt to keep kids out of the juvenile justice system and in school. They get one free pass.
No. They can withdraw from the collaborative process, but they cannot take their collaborative lawyers with them. They have to hire litigation counsel. An important element of the collaborative stipulation is that the collaborative lawyers cannot also be the litigation lawyers. This goes a long way to ensure that the lawyers are committed to negotiating settlements. This isn't something that comes easily to most lawyers. We're trained to be advocates for a particular position. It is hard for us to put down our swords and say, "Let's be problem solvers rather than litigators." Traditional litigation usually involves both sides using threats to get their way. "Here's my offer. If you don't agree, we'll let the judge decide." With litigation not on the table as an option, both parties focu...
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