themayreport
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Fane Lozman told me he heard that Jery Putnam & Townsends were uncorking champagne last night -- they were so happy ton get off for $11MM.
12:22 PM Nov 4th
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Lew Borsellino told me that will not happen. The $11MM is not at risk if they go for punitive. Lew coached football last night.
12:20 PM Nov 4th
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The plaintiffs are going for punitive damages as well. That could be jeopardized according to Fane Lozman if the judge holds up the $11MM.
12:19 PM Nov 4th
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Also, the plaintiffs will go for interest on the amount of the award which puts them back to March 1998 and that gives them an extra $11MM.
12:17 PM Nov 4th
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And now for the rest of the story on Borsellino v. Putnam. The jury foreman told Lew that "I tried" acknowledging the low damages award.
12:16 PM Nov 4th
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My brother cannot spell even after I spell it out for him. Lew Borsellino is Lew, not Lou.
1:40 PM Nov 3rd
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Reporters at the trial verdict included The Trib, Bloomberg, Reuters, Crain's and a little known online newsletter called The May Report.
1:39 PM Nov 3rd
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The words may be that they are satisfied, but the body language is that Lew & his lawyers are not happy. Expert witnesses cost a ton of $.
1:37 PM Nov 3rd
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I am back home now. The jury took 8 hrs. 15 min. to deliberate and sign the paperwork. Lew Borsellino has to be a very unhappy man tonight.
1:35 PM Nov 3rd
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Judge Ronald Bartkowicz told me that there will be about 60 days of post trial motions before he can make himself available for interviews.
12:18 PM Nov 3rd
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When you consider the legal cost involved, this was a breakeven case. Not good.
12:08 PM Nov 3rd
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But of course Lou is unhappy with the amount of the damages.
11:24 AM Nov 3rd
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This case took 9 years and millions of dollars to litigate. Lou feels vindicated in that fraud was proved.
11:24 AM Nov 3rd
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The plaintiff's lawyer, Jon Loevy, stated the plaintiff will appeal on punitive damages
11:21 AM Nov 3rd
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Jury VERDICT for Lew Borsellino - the plaintiff - on ALL counts v Jerry Putnam and the Townsends in the amount of $11MM
11:19 AM Nov 3rd
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Judge Bartkowicz said the avg. jury delib. time is 4.5 hrs. It's likely they're discussing $ which means a probable decision for plaintiff.
5:21 PM Nov 2nd
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Borsellino v Putman Case -- NO DECISION -- 12.5 days of trial, 4.5 hrs jury deliberation. Should know decision tomorrow.
3:52 PM Nov 2nd
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@ If you were in that meeting, what was it all about? And who were some of the people there?
12:43 PM Sep 30th
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@ Were you at the CEC last Fri. in a group mt. of about 25 people including Kapil, David W., Troy Henikoff? I thought I saw you.
12:42 PM Sep 30th
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@ I've also heard that Tech Nexus (Hoch/Howerton) also booted Rollyson out who was spending much time there & not paying for it.
8:10 AM Sep 7th
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- Name Ron May
- Location Chicago, IL
- Web http://themayrepo...
- Bio Editor of The May Report an active hub of Chicago news owned by us, but powered by the community.
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