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Wednesday, October 29, 2008

Big Baby Attorney, Now on Short End, Dislikes Nasty Stunts

Ex-NY BigLaw Partner Sues Citigroup, Claims Bank Blocked Deal Strategy She Invented
The New York Law Journal by Mark Hamblett - October 29, 2008

A former Pillsbury Winthrop Shaw Pittman attorney yesterday sued Citigroup, Inc. and Citigroup Capital Markets claiming violations of the Sherman Act for allegedly blocking the implementation of her patent-pending structure for bonds used to finance airport construction. Linda Grant Williams also claimed that Citigroup, which dominates the market in so-called Airline Special Facility Bonds, pressured Pillsbury and a second firm, Greenberg Traurig, to remove her "from her positions with these firms, thereby depriving her of a platform from which to credibly market her cost-saving structure to the airlines who would benefit from it." In addition to costing her legal and licensing fees, Ms. Williams claimed lost income from the defendants' alleged interference with her equity partnership position with Pillsbury and her relationship with Greenberg. She claims the airlines were hurt because they had to pay artificially high interest rates on the bonds.

5 comments:

amused said...

I love it. Lawyers don't say anything when the dirty tricks are going on against other people. And God knows Pillsbury rewrote many chapters in the book on dirty tricks. But now this lawyer decides to speak up when it hits her. After I stop laughing, I'll try to have a little sympathy for her.

Anonymous said...

No so funny now, huh?

Anonymous said...

Is there honor among attorneys? Can you win in a deal with the devil? The poor snake was trampled by other snakes. Which snake should we have compassion for?

Anonymous said...

4:30 - she was at Pillsbury for a hot minute and has been to two other firms since leaving in 2006. Feel free to judge her on her own merits.

Anonymous said...

All lawyers are snakes and deal with the devil and "say nothing when dirty tricks are going on against other people",they deserve no compassion as they have no honor.... That's it? Really?

Come on guys, lets tell the would how we really feel. All attorney's are all snakes and should all die in a fire!

/ Tired of all these wannabe attorney hating websites which just can't seem to put the fire to the cross.

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