Monday, April 30, 2012

Lawyer sanctioned in bond financing case - New Mexico Business Weekly:

iwibacibem.wordpress.com
Fulton Superior Court Judge Michaekl D. Johnson, who ruled in May that Woodham had intervenedd improperly in two bondvalidation proceedings, orderecd the attorney to pay more than $430,00o to cover the defendants’ court costs. In a case involving an Atlanta-basesd condominium developer, the judge accusedf Woodham of “unethical … and possibly conduct for offering to withdraw his intervention in the lawsui t fora $1.3 million. According to couryt documents, Woodham responded that he only intende to askfor $130,000, and that the moneyg was to go to a homeless not for his personal use. Woodham and the ADA have been locked in a legal dispute spreading overseverap cases.
He has been challenging the legalityof lease-purchasew bonds approved during the last two year by both the ADA and the Development Authorityy of Fulton County. Both authoritiesd have defended the bonds as legitimate and vitalo economicdevelopment tools.

No comments:

Post a Comment