BizJournals Portfolio
Mar 16 2009 1:22pm EDT

Stanford's $4 Million Victim: His Nonexistent Lawyer

Alan Stanford, obviously, needs a lawyer. But his assets have been frozen, so he can't afford one. It's just not fair, according to one lawyer Ashby Jones spoke to:

The lawyer we spoke to said while he'd "love to get involved," the money simply isn't there. "You'd need $3 or $4 million to really get this case off the ground in the way it needs to be handled. And it's not there."
The lawyer said he thought it was "totally unfair" for a judge to authorize the freezing of money without allowing Stanford access to money to pay a lawyer.

I think I might have met this chap at a party once: he told me he was a criminal lawyer, and I asked him if he'd ever thought of going straight. Clearly not.

. □


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow