Tag

Asset Transfer

All articles tagged with #asset transfer

Signature Room owners accused of asset shuffles to dodge workers' back pay
business1 month ago

Signature Room owners accused of asset shuffles to dodge workers' back pay

A Cook County lawsuit alleges Infusion Management Group executives moved assets through an LLC and to another entity to pay personal debts instead of satisfying about $1.5 million in back pay and benefits owed to workers laid off when the Signature Room closed in 2023; the union seeks to pierce the corporate veil to hold owners Richard Roman and Nick Pyknis personally liable, with bankruptcy records showing the estate paid nothing, and the NLRB has also charged unlawful bargaining during the shutdown.

Giuliani's Lawyers Request to Withdraw from Defamation Case Amid Dispute
politics1 year ago

Giuliani's Lawyers Request to Withdraw from Defamation Case Amid Dispute

Rudy Giuliani's lawyers have filed a motion to withdraw from his defamation case involving two Georgia election workers, citing a "fundamental disagreement" with their client. This move comes just before a court-imposed deadline for Giuliani to transfer assets to the plaintiffs or face potential sanctions. Giuliani's spokesperson claims he was not informed of the lawyers' decision. The case stems from Giuliani's false claims of ballot fraud, for which he was ordered to pay $148 million in damages.