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Repbulic Windows CEO receives $10 million bail

Posted on September 11th, 2009 No Comments

The CEO of Republic Windows & Doors was given $10 million
Thursday for a case that alleges that he attempted to bankrupt his own
company.

Richard Gillman's lawyer argued that the bail was
unreasonably high, given that Gillman is almost bankrupt himself.
Gillman alledgedly stole money from the company and diverted it through
fraudulent companies and foreign bank accounts. 

If you or anyone you know has considered filing a business lawsuit, contact Your Iowa business lawyers of LaMarca & Landry at 800-327-2600.

Agriprocessors may avoid paying $1 million state fine

Posted on August 4th, 2009 No Comments

Agriprocessors Inc. may avoid paying a $1 million state labor fine because Agriprocessors, a large kosher meat producer, is currently filing for bankruptcy. A lawyer for the company's bankruptcy trustee said Monday that Agriprocessors may never pay the fine because of debts owed to higher-priority creditors.

The fine was originally for $10 million, but was reduced by a bankruptcy judge last week. Agriprocessors incurred the fine for allegedly violating paycheck deductions laws.

The company entered bankruptcy proceedings six months ago after a May 2008 immigration raid targeted the workforce.

If your company is involved in business litigation, contact the Iowa business litigation lawyers of LaMarca and Landry at 877-327-2600.

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