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Top court rejects bail plea of Indian tycoon
Law Firm Press |
2014/06/06 15:01
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India's Supreme Court Wednesday rejected an appeal by an Indian tycoon accused of a multibillion dollar fraud to be released from jail and allowed house arrest.
Subrata Roy, head of the Sahara India conglomerate, has been jailed since March 4 on charges that his company failed to return billions of dollars to investors. Bail was earlier set at $1.68 billion and the company has struggled to raise the funds.
India's securities regulator has accused Sahara India of raising nearly 200 billion rupees ($3.2 billion) through bonds that were later found to be illegal.
Sahara is well known throughout India because it sponsors the Indian cricket team. The company also sponsors the Indian hockey team and owns a stake in Formula One racing team, Force India.
The company has interests in microfinance, media and entertainment, tourism, health care and real estate, including New York's landmark Plaza Hotel and London's Grosvenor House.
The court Wednesday allowed the Sahara group to sell properties in nine Indian cities after the company said it had not succeeded in raising the $1.68 billion needed to obtain bail for Roy.
The court had earlier rejected a proposal by the company to pay bail in instalments. |
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Levin & Curlett, LLC - Baltimore Criminal Defense Lawyer Services
Law Firm News |
2014/06/06 15:00
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Levin & Curlett, LLC was formed by former prosecutors. With extensive experience in all facets of criminal and civil litigation, Levin & Curlett LLC has the trial experience necessary to work effectively with clients to achieve their goals. They represent clients who are involved in criminal proceedings as targets, subjects, witnesses, recipients of grand jury subpoenas, or defendants.
Levin & Curlett LLC defends state and federal charges for all manner of non-white collar crimes, including felonies and misdemeanors. We have extensive experience in cases involving:
- Conspiracy
- Racketeering (RICO)
- Homicide
- Sex Crimes
- Assault
- Theft/Embezzlement
- Driving Under the Influence/Driving While Impaired
- Weapons Possession
- Narcotics Possession and Trafficking
- Cases Involving Juveniles
If you're in need of Baltimore Criminal Defense Lawyers, call the Levin Curlett, LLC today. |
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Court gives OJ lawyers a week to resubmit appeal
Legal News Feed |
2014/06/03 13:06
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O.J. Simpson's lawyers were given another week Friday to reformat and resubmit an appeal to the Nevada Supreme Court seeking a new trial in the kidnapping and armed robbery case of the former football star.
In the order, Chief Justice Mark Gibbons agreed to accept a supersized 20,000-word document that Simpson's lawyers had submitted before a May 21 deadline if it complies with court formatting rules.
"Basically they want it to be double-spaced," court spokesman Michael Sommermeyer said.
The document hasn't been made public, and the seven justices haven't decided whether to rehear oral arguments in case. The court rejected an initial appeal by Simpson in September 2010.
Simpson attorney Patricia Palm said she was glad the justices agreed to accept the 19,933 words she submitted nine days ago. The new deadline is June 6.
Palm noted the court frequently accepts briefs longer than its 14,000-word limit in complex cases.
Palm and Simpson appeal lawyers Ozzie Fumo and Tom Pitaro want the court to reconsider the contention that Simpson got bad legal advice, that his trial lawyer had a conflict of interest, and that Simpson's 2008 Las Vegas trial was tainted by his notoriety. |
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The Salazar Law Firm - Houston Car Accident Lawyers Services
Law Firm News |
2014/06/03 13:05
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The Salazar Law Firm, PLLC understands the burdens auto accidents and injuries place on an individual. Our goal is to lessen our client's stress and burden by managing the complex relationships with insurance companies, medical facilities, government agencies, and other insurance defense lawyers.
If you've been injured in an accident, don't let your claim get weakened by not taking the right steps. Get medical treatment for your injuries as soon as possible. Insurance companies pay close attention to "laspes in treatment" and whether or not treatment was sought immediately after the accident.
Insurance companies are in the business of making money. If the insurance company is giving you the run-around, contact our houston car accident lawyers at the Salazar Law Firm today. |
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