Wednesday, January 28, 2009
Former Counsel Sued for Negligence
The Jockeys' Guild of Los Angeles has filed a lawsuit against their former legal counsel, accusing him and others of negligence in safeguarding the financial interests of the organization (15NOV06). Lloyd Ownbey is being held responsible for committing errors and omissions that resulted in a $250,000 default court judgment against the Guild. The Guild are also accusing Ownbey of failing to disclose "unfair and onerous terms" related to contractual dealings with Wayne Gertmenian, the Guild's former national manager who was fired last year (05) for financial mismanagement.
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