Thomas P. Griesa
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Thomas P. Griesa
Thomas Poole Griesa (October 11, 1930 – December 24, 2017) was a United States district judge of the United States District Court for the Southern District of New York from 1972 to 2017 and its Chief Judge from 1993 to 2000. Education and career Born on October 11, 1930, in Kansas City, Missouri, Griesa received an Artium Baccalaureus degree from Harvard University in 1952 and served in the United States Coast Guard from 1952 to 1954, thereafter receiving a Bachelor of Laws from Stanford Law School in 1958. He was an attorney with the Admiralty and Shipping Section of the United States Department of Justice from 1958 to 1960, and was then in private practice in New York City, New York from 1960 to 1972. Federal judicial service Griesa was nominated by President Richard Nixon on June 15, 1972, to the United States District Court for the Southern District of New York, to a new seat authorized by 84 Stat. 294. He was confirmed by the United States Senate on June 28, 1972, and ...
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Senior Status
Senior status is a form of semi-retirement for United States federal judges. To qualify, a judge in the Federal judiciary of the United States, federal court system must be at least 65 years old, and the sum of the judge's age and years of service as a federal judge must be at least 80 years. As long as senior judges carry at least a 25 percent caseload or meet other criteria for activity, they remain entitled to maintain a staffed office and chambers, including a secretary and their normal complement of law clerks, and they continue to receive annual cost-of-living increases. Senior judges vacate their seats on the bench, and the President of the United States, president may appoint new full-time judges to fill those seats. Some U.S. states have similar systems for senior judges. State court (United States), State courts with a similar system include Iowa (for judges on the Iowa Court of Appeals), Pennsylvania, and Virginia (for justices of the Virginia Supreme Court). Statuto ...
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Richard Nixon
Richard Milhous Nixon (January 9, 1913April 22, 1994) was the 37th president of the United States, serving from 1969 to 1974. A member of the Republican Party, he previously served as a representative and senator from California and was the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower. His five years in the White House saw reduction of U.S. involvement in the Vietnam War, détente with the Soviet Union and China, the first manned Moon landings, and the establishment of the Environmental Protection Agency and Occupational Safety and Health Administration. Nixon's second term ended early, when he became the only president to resign from office, as a result of the Watergate scandal. Nixon was born into a poor family of Quakers in a small town in Southern California. He graduated from Duke Law School in 1937, practiced law in California, then moved with his wife Pat to Washington in 1942 to work for the federal government. After active duty ...
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Vulture Funds
A vulture fund is a hedge fund, private-equity fund or distressed debt fund, that invests in debt considered to be very weak or in default (finance), default, known as distressed securities. Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to subsequently sell the debt for a larger amount than the purchasing price. Debtors include companies, countries, and individuals. Vulture funds have had success in bringing attachment and recovery actions against sovereign debtor governments, usually settling with them before realizing the attachments in forced sales. Settlements typically are made at a discount in hard or local currency or in the form of new debt issuance. In one instance involving Peru, such a seizure threatened payments to other creditors of the sovereign obliger. History Sovereign debt collection was rare until the 1950s when sovereign immunity of government issuers started to become restricted by c ...
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Argentine Debt Restructuring
The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's history. A second debt restructuring in 2010 brought the percentage of bonds under some form of repayment to 93%, though ongoing disputes with holdouts remained. Bondholders who participated in the restructuring settled for repayments of around 30% of face value and deferred payment terms, and began to be paid punctually; the value of their nearly worthless bonds also began to rise. The remaining 7% of bondholders were later repaid in full, after centre-right and US-aligned leader Mauricio Macri came to power in 2015. As part of the restructuring process, Argentina drafted agreements in which repayments would be handled through a New York corporation and governed by United States law. The holdout bondhold ...
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Faithless Servant
The faithless servant doctrine is a doctrine under the laws of a number of states in the United States, and most notably New York State law, pursuant to which employees who act unfaithfully towards their employers must forfeit to their employers all compensation received during the period of disloyalty. History and application The faithless service doctrine is a very old common law doctrine that springs out of agency law.Manning Gilbert Warren III (2010)"Equitable Clawback: An Essay on Restoration of Executive Compensation," 12 ''University of Pennsylvania Journal of Business Law'' 1135. It is a doctrine under the laws of a number of states in the United States, and most notably New York State law, pursuant to which an employee who acts unfaithfully towards his or her employer must forfeit all of the compensation received during the period of disloyalty. That period of disloyalty during which equitable forfeiture of all compensation is calculated is the period "from the date of ...
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Dennis Kozlowski
Leo Dennis Kozlowski (born November 16, 1946) is a former CEO of Tyco International, convicted in 2005 of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director. He served more than six years at the Mid-State Correctional Facility in Marcy, New York, before being transferred to the Lincoln Correctional Facility in New York City, from which he was granted conditional release on January 17, 2014.Inmate Information » NYS Department of Corrections and Community Supervision
Nysdoccslookup.doccs.ny.gov. Retrieved January 25, 2013.
Separately, Tyco filed suit against Kozlowski and prevailed, ...
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Striped Bass
The striped bass (''Morone saxatilis''), also called the Atlantic striped bass, striper, linesider, rock, or rockfish, is an anadromous perciform fish of the family Moronidae found primarily along the Atlantic coast of North America. It has also been widely introduced into inland recreational fisheries across the United States. Striped bass found in the Gulf of Mexico are a separate strain referred to as Gulf Coast striped bass. The striped bass is the state fish of Maryland, Rhode Island, and South Carolina, and the state saltwater (marine) fish of New York, New Jersey, Virginia, and New Hampshire. The history of the striped bass fishery in North America dates back to the Colonial period. Many written accounts by some of the first European settlers describe the immense abundance of striped bass, along with alewives, traveling and spawning up most rivers in the coastal Northeast. Morphology and lifespan The striped bass is a typical member of the family Moronidae in shap ...
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Westway (New York)
The Joe DiMaggio Highway, commonly called the West Side Highway and formerly the Miller Highway, is a mostly surface section of New York State Route 9A (NY 9A), running from 72nd Street (Manhattan), West 72nd Street along the Hudson River to the southern tip of Manhattan in New York City. It replaced the West Side Elevated Highway, built between 1929 and 1951, which was shut down in 1973 due to neglect and lack of maintenance, and was dismantled by 1989. North of 72nd Street the roadway continues north as the Henry Hudson Parkway. The current highway was complete by 2001, but required reconstruction after the September 11 attacks that year, when the collapse of the World Trade Center caused debris to fall onto the surrounding areas, damaging the highway. It uses the surface streets that existed before the elevated highway was built: West Street, Eleventh Avenue (Manhattan), Eleventh Avenue and Twelfth Avenue. A short section of Twelfth Avenue still runs between 125th ...
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Socialist Workers Party (United States)
The Socialist Workers Party (SWP) is a communist party in the United States. Originally a group in the Communist Party USA that supported Leon Trotsky against Soviet leader Joseph Stalin, it places a priority on "solidarity work" to aid strikes and is strongly supportive of Cuba. The SWP publishes '' The Militant'', a weekly newspaper that dates back to 1928. It also maintains Pathfinder Press. History Communist League of America The SWP traces its origins back to the former Communist League of America (CLA), founded in 1928 by members of the CPUSA expelled for supporting Russian communist leader Leon Trotsky against Joseph Stalin. Concentrated almost exclusively in New York City and Minneapolis, the CLA did not have more than 100 adherents in 1929. After five years of propaganda work, the CLA remained a tiny organization, with a membership of about 200 and very little influence. The rise of fascism in Nazi Germany and the failure of the communist and social democra ...
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Contempt Of Court
Contempt of court, often referred to simply as "contempt", is the crime of being disobedient to or disrespectful toward a court of law and its officers in the form of behavior that opposes or defies the authority, justice, and dignity of the court. A similar attitude toward a legislative body is termed contempt of Parliament or contempt of Congress. The verb for "to commit contempt" is contemn (as in "to contemn a court order") and a person guilty of this is a contemnor. There are broadly two categories of contempt: being disrespectful to legal authorities in the courtroom, or willfully failing to obey a court order. Contempt proceedings are especially used to enforce equitable remedies, such as injunctions. In some jurisdictions, the refusal to respond to subpoena, to testify, to fulfill the obligations of a juror, or to provide certain information can constitute contempt of the court. When a court decides that an action constitutes contempt of court, it can issue an order in ...
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Griffin Bell
Griffin Boyette Bell (October 31, 1918 – January 5, 2009) was the 72nd Attorney General of the United States, having served under President Jimmy Carter. Previously, he was a U.S. circuit judge of the United States Court of Appeals for the Fifth Circuit. Education and career Born on October 31, 1918, in Americus, Georgia. He served in the United States Army from 1942 to 1946 in the Quartermaster Corps and Transportation Corps. He was stationed at Fort Lee, Virginia. He attained the rank of major. After leaving the army, Bell received a Bachelor of Laws in 1948 from Mercer University School of Law. He entered private practice in Savannah, Georgia from 1948 to 1952. He was in private practice in Rome, Georgia from 1952 to 1953 and then was in private practice at King & Spalding in Atlanta, Georgia from 1953 to 1961. He was Chief of Staff to Governor Ernest Vandiver from 1959 to 1961. Federal judicial service Bell received a recess appointment from President John F. Kennedy on O ...
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United States Attorney General
The United States attorney general (AG) is the head of the United States Department of Justice, and is the chief law enforcement officer of the federal government of the United States. The attorney general serves as the principal advisor to the president of the United States on all legal matters. The attorney general is a statutory member of the Cabinet of the United States. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, then appointed with the advice and consent of the United States Senate. The attorney general is supported by the Office of the Attorney General, which includes executive staff and several deputies. Merrick Garland has been the United States attorney general since March 11, 2021. History Congress passed the Judiciary Act of 1789 which, among other things, established the Office of the Attorney General. The original duties of this officer were "to prosecute and conduct all sui ...
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