From Business 2.0’s Dumbest Moments in Business 2005: The Legal List
Today’s Business 2.0 has its list of the follies of last year, in which I’m delighted to say that the legal fraternity have maintained their places of honour. And Google made the list twice. You can find the full list here, but to whet your appetite:
2. Investment bank error in your favor. Collect an additional $1.43 billion.
The judge in billionaire Ronald Perelman’s lawsuit against Morgan Stanley, exasperated by the latter’s delays in handing over documents, instructs jurors to assume that the firm committed fraud. The bank insists it isn’t stonewalling, just running into technology glitches. The jury . . . [more]


