$15 Million Breach of Contract Lawsuit Filed Against Nancy Grace

Television personality Nancy Grace has been named in a breach of contract lawsuit filed by a former colleague.

The lawsuit was filed by Patricia Caruso last month in the Supreme Court of New York. According to the complaint, Caruso and Grace started developing a television series in early 2008. Caruso claims that Grace committed to cooperate in the development of the series, called “Grace’s Cases,” and promised not to proceed unless Caruso was retained and credited as an executive producer.

The lawsuit claims CBS mad Grace an offer to shoot a pilot for the show in May 2009, after months of network pitching under Caruso’s direction. According to the lawsuit, CBS sold the series, now called “Swift Justice With Nancy Grace,” in October 2009. In the Spring of 2010, however, the lawsuit alleges Grace signed on to host the series without Caruso as executive producer.

Caruso is seeking $15 million in damages, in addition to court costs.

If you are involved in a business dispute, please contact a Des Moines Business Lawyer of LaMarca Law Group, P.C., by calling (877) 327-2600.



Real estate in Des Moines drops in value

In Des Moines and Polk County, real estate values have experienced a consistent decline.  Experts say that the declines are not major, but they are widespread throughout the area.

About 4 out of every 5 residences in Polk County had their assessed value drop since their last assessments in 2009.  Approximately 50 percent of commercial properties also saw their assessed value drop.  Properties in downtown Des Moines were devalued by up to 28 percent.

On the contrary, agricultural property and real estate in Polk County had an increased assessed value of 12.8 percent and industrial real estate saw no change.

If you or someone you know needs legal representation in handling matters of real estate business litigation, contact the Des Moines real estate litigation attorneys of LaMarca Law Group, P.C. at (877) 327-2600 and set up an appointment to meet with one of our lawyers today.



Gov. Culver creates energy consulting firm

Former Iowa Governor Chet Culver recently announced the formation of an energy consulting group called “Chet Culver Group.”  Culver has described the business’s main functions as providing energy management consulting to individuals, private companies, and public entities.  Specifically, Culver statde that he hopes Chet Culver Group will be able to help small business and farms develop a less expensive way to implement and take advantage of renewable energy.

The group already has its first client, a small wind turbine producer in Austin, Texas called Viryd Technologies.  In addition, Culver is expected to introduce partners to the business.  In addition to focusing efforts on marketing, small businesses, and public policy, Culver plans to use the group for advocacy of renewable energy.

Contact the Des Moines business formation lawyers of LaMarca Law Group, P.C. at (877) 327-2600 today, if you or someone you know is considering starting a business or franchise.



Iowa and Illinois health systems to affiliate

Des Moines-based Iowa Health System and Peoria, Illinois-based Methodist Health Services Corp. recently entered into an agreement to form a strategic partnership.  The two currently have a non-binding letter of intent to form the partnership.

After due diligence and other subsequent processes have been completed, Methodist Health Services Corp. will become the 8th senior affiliate under Iowa Health System.

IHS officials said that they became interested in Methodist Health because they feel that they share a similar vision and values and are passionate about providing quality healthcare.  IHS uses a decentralized control system that will keep Methodist Health with its own local board of directors.

If you or someone you know has questions about due diligence in business transactions, contact the Des Moines due diligence in business transactions attorneys of LaMarca Law Group, P.C. at (877) 327-2600 to speak with one of our lawyers today.



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