Revocable & Irrevocable Trusts. Legal news and articles for December 30 - 31, 2011

Goodbye to 2011, Year of the Rabbit, Welcome 2012, Year of the DragonAES Eastern Energy Enters Non-Binding Term Sheet for Asset SaleIowa Lottery winner: Mystery trust claims $14.3m jackpotBottom of the harbour tax rorts hit: 1982Virginia legal aid unit asks for higher court filing feesPenn State scandal altered fans sense of trust in the world of sportsQ&A: U.S. Senate Candidate Jim KingGovernor Patrick Expected to Sign Law Extending Implementation of MUPCBolivia To Sell Rice Seized From US BusinessmanWho Won and Lost the Gundlach-TCW Face-Off?Mystery trust beats the clock for lottery jackpotMystery trust beats the clock for lottery jackpotMystery trust beats the clock for lottery jackpotSenior Housing Properties Trust Announces Termination of Ten Sunrise LeasesControversy simmers in Utica over water trust fund issue

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Huntsman vows to fix 'trust deficit' during Portsmouth visit
Seacoastonline.comDecember 1, 2011

PORTSMOUTH — Republican presidential candidate Jon Huntsman on Thursday continued his push to produce supporters during a visit to a Middle Street law office. With little more than a month until the New Hampshire presidential primary ...more »

Northern Trust Appoints Dave Sauvarin as Managing Director of Jersey Office
MarketWatch (press release)December 5, 2011

Sauvarin, who was most recently head of Northern Trust's UK listed real estate administration team in Guernsey, replaces Paul Guilbert, who has been appointed as head of private equity in Guernsey. In his role, Sauvarin is responsible for managing ...more »

Revocable & Irrevocable Trusts. News and Stories

Goodbye to 2011, Year of the Rabbit, Welcome 2012, Year of the Dragon
Eat the StateDecember 31, 2011

It's wondrous what two expanding bullets to the head of an unarmed man will do. The chorus of approval for the SEALs covers the liberal spectrum. The Nation's Jeremy Scahill exulted , as did Gary Wills on the New York Review of Books site , with an ...more »

AES Eastern Energy Enters Non-Binding Term Sheet for Asset Sale
MarketWatch (press release)December 31, 2011

RELEASES The Settlement will include mutual releases among the Parties (including officers, directors, employees and professionals), subject to a carveout for the Residual Claim. ...more »

Iowa Lottery winner: Mystery trust claims $14.3m jackpot
Daily MailDecember 31, 2011

Here's what they know: Two attorneys with Des Moines-based Davis Brown Law Firm showed up at Iowa Lottery headquarters at 2.10pm Thursday with the winning ticket before the 4pm deadline. They represent Hexam Investments Trust, whose trustee is a lawyer ...more »

Bottom of the harbour tax rorts hit: 1982
NinemsnDecember 31, 2011

No-one could possibly claim that these contrived arrangements were for any purpose other than tax evasion. But Howard's proposal for tax to be reclaimed retrospectively touched a very raw nerve across the coalition and especially among its business ...more »

Virginia legal aid unit asks for higher court filing fees
The Virginian-PilotDecember 31, 2011

In Virginia, a 15 percent cut in federal grants to legal aid takes effect Sunday, on top of a 4 percent reduction this year. By Patrick Wilson Faced with budget cuts and rising demand, legal aid officials in Virginia will ask state lawmakers to ...more »

Penn State scandal altered fans sense of trust in the world of sports
Washington Post (blog)December 31, 2011

If he saw that people were protecting a football program over a 10-year-old boy, he went to law-enforcement agencies and told them; he didn't hide behind, “I told my superiors.” Many good coaches remain. And however painful it was to hear the words ...more »

Q&A: U.S. Senate Candidate Jim King
Patch.comDecember 31, 2011

King is a Boston lawyer who co-founded the firm Murphy and King Professional Corporation Counsellors at Law nearly 30 years ago. King has been a federal prosecutor with the US Department of Justice in the anti-trust division and also served as a ...more »

Governor Patrick Expected to Sign Law Extending Implementation of MUPC
JD Supra (press release)December 30, 2011

Following the implementation of Article V (guardianship and conservatorship provisions) in July of 2009, the enactment of the MUPC is a complete overhaul of probate practice in Massachusetts. Most notably, the MUPC provides for an informal probate ...more »

Bolivia To Sell Rice Seized From US Businessman
SalonDecember 30, 2011

Ostreicher's lawyer, Jerjes Justiniano, called the sale of the rice illegal, saying the authorities had not notified him of the plan or given him an opportunity to appeal. He said the proceeds of the rice sale are to be held in a government account and ...more »

Who Won and Lost the Gundlach-TCW Face-Off?
New York TimesDecember 30, 2011

But in the end, the long, drawn-out legal battle between Jeffrey E. Gundlach, the colorful mutual fund maven, and his former firm, Trust Company of the West, may have been nothing more than a white-collar tempest in a teapot. ...more »

Mystery trust beats the clock for lottery jackpot
Chicago TribuneDecember 30, 2011

Here's what they know: Two attorneys with Des Moines-based Davis Brown Law Firm showed up at Iowa Lottery headquarters at 2:10 pm Thursday with the winning ticket before the 4 pm deadline. They represent Hexam Investments Trust, whose trustee is a ...more »

Mystery trust beats the clock for lottery jackpot
Wall Street JournalDecember 30, 2011

Here's what they know: Two attorneys with Des Moines-based Davis Brown Law Firm showed up at Iowa Lottery headquarters at 2:10 pm Thursday with the winning ticket before the 4 pm deadline. They represent Hexam Investments Trust, whose trustee is a ...more »

Mystery trust beats the clock for lottery jackpot
The Associated PressDecember 30, 2011

Here's what they know: Two attorneys with Des Moines-based Davis Brown Law Firm showed up at Iowa Lottery headquarters at 2:10 pm Thursday with the winning ticket before the 4 pm deadline. They represent Hexam Investments Trust, whose trustee is a ...more »

Senior Housing Properties Trust Announces Termination of Ten Sunrise Leases
MarketWatch (press release)December 30, 2011

EXCEPT AS REQUIRED BY LAW, SNH DOES NOT INTEND TO UPDATE OR CHANGE ANY FORWARD LOOKING STATEMENTS AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE. A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed ...more »

Controversy simmers in Utica over water trust fund issue
Utica Observer DispatchDecember 30, 2011

Now, one Common Councilman is railing against the comptroller's office, claiming it broke the law and should be investigated by the state Attorney General's Office. City officials, meanwhile, say the issue was an oversight that was rectified by ...more »

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