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Keyword: weitzluxenberg

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  • (New York) Assembly Speaker Sheldon Silver's firm gets cut of 9/11-suit payouts

    08/22/2010 1:30:14 PM PDT · by lowbridge · 4 replies
    NY Post ^ | August 22, 2010 | JOSEPH GOLDSTEIN and SUSAN EDELMAN
    Assembly Speaker Sheldon Silver has spun the 9/11 lawsuits into gold. Ground Zero workers are on the hook to pay steep interest on money their lawyers borrowed from a group of investors that include Silver and his law partners, The Post has learned. Silver's partners at the Weitz & Luxenberg law firm are top board members of a business that quietly loaned money at 18 percent a year to the law firm representing some 9,800 Ground Zero workers with toxic-illness suits against the city. Silver personally invested an undisclosed sum -- but at least $50,000 -- in Counsel Financial Services,...