The U. S. Supreme Court is currently reviewing the latest 9th Circuit decision. Read More...

May 5, 2010
Stern Loses Again at the Ninth U.S. Circuit Court of Appeals

Ninth Circuit Reject en banc hearing

Less than two months after it rejected all claims made by Howard K. Stern on behalf of the late Anna Nicole Smith’s estate against E. Pierce Marshall, the Ninth U.S. Circuit Court of Appeals denied a motion by Smith’s attorneys to rehear the case en banc.

On March 19, 2010 the 9th Circuit upheld the Marshall family’s argument that the case has been fully adjudicated in the Texas Probate Court, which ruled in favor of E. Pierce Marshall and against Smith on every issue. The 9th Circuit ruling states in part: “The district court should have afforded preclusive effect to the Texas probate court’s factual findings and relevant legal conclusions. The determinations adverse to Vickie Lynn Marshall in the Texas probate court prevent her from establishing the elements of her counterclaim, such as J. Howard Marshall II’s intent to give her a substantial inter vivos gift, the tortious nature of Pierce Marshall’s conduct regarding the estate planning
documents, and the reasonableness and amount of her expectancy. We reverse the judgment of the district court and remand with instructions that judgment be entered in favor of the Estate of Pierce Marshall.”

“Today’s denial of a new hearing once again vindicated the efforts of the late E. Pierce Marshall to uphold his father’s estate plan,” said Marshall family spokesman David Margulies. The Ninth Circuit opinion supports the 2001 5 month jury trial in Texas Probate Court, which established that Anna Nicole Smith was never entitled to any assets from the Marshall family beyond the $7 million in cash and gifts she received from J. Howard Marshall, II. The jury also unequivocally rejected Smith’s claim that E. Pierce Marshall and others interfered with her receiving any additional gifts while her husband was alive or at his death.

March 19, 2010
A Statement from the Marshall Family

For Immediate Release

Contact:
David Margulies
(214) 368-0909
(214) 914-1275

Statement From The Family of E. Pierce Marshall

DALLAS (March 19, 2010) The U.S. Court of Appeals for the Ninth Circuit today vindicated the efforts of the late E. Pierce Marshall to uphold his father’s estate plan.

The Ninth Circuit opinion supports the 2001 five month jury trial in Texas Probate Court, which established that Anna Nicole Smith was never entitled to any assets from the Marshall family beyond the $7 million in cash and gifts she received from J. Howard Marshall, II . The jury also unequivocally rejected Smith’s claim that E. Pierce Marshall and others interfered with her receiving any additional gifts while her husband was alive or at his death.

“The lies that were told about told about E. Pierce Marshall have finally been put to rest,” said a statement issued by the Marshall family. “Pierce Marshall was never intimidated by Anna Nicole and her bevy of contingency fee lawyers’ use of her celebrity and the legal system to try to loot J. Howard ‘s estate. We are proud to have supported his efforts and continue that fight. Our only wish would be that Pierce were here to see his vindication.”

“Many people have asked over the many years if the fight to uphold my father’s last wishes was worth it,” Pierce Marshall said in a statement issued in 2004. “I know Anna and her lawyers were counting on our family giving up and paying them an absurd sum to go away. That was never going to happen. We never wavered from our belief that, in the end, justice based on the rule of law would prevail.

“We are deeply appreciative that the Ninth Circuit took the time to closely examine the important legal issues raised by this case and agreed with our analysis of the law and facts regarding those issues,” said G. Eric Brunstad, Jr. who represented the Marshall family.

“Anna Nicole Smith and her attorneys never presented a single witness on document that upheld her absurd claims,” said David Margulies, a spokesperson for the Marshall family.
“Texas jurors in the Probate Case listened carefully to all the evidence Smith and her lawyers presented and ruled in favor of E. Pierce Marshall on every point.”

The 9th Circuit upheld the Marshall family’s argument that the case has been fully adjudicated in the Texas Probate Court, which ruled in favor of E. Pierce Marshall and against Smith on every issue. The 9th Circuit ruling states in part: “The district court should have afforded preclusive effect to the Texas probate court’s factual findings and relevant legal conclusions. The determinations adverse to Vickie Lynn Marshall
in the Texas probate court prevent her from establishing the elements of her counterclaim, such as J. Howard Marshall II’s intent to give her a substantial inter vivos gift, the tortuous nature of Pierce Marshall’s conduct regarding the estate planning
documents, and the reasonableness and amount of her expectancy. We reverse the judgment of the district court and remand with instructions that judgment be entered in favor of the Estate of Pierce Marshall.”





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November 12, 2009

Put 'hot oil' lessons to use in climate policy debate

By WILLIAM O'KEEFE

Nov. 12, 2009, 8:28PM

This year's co-Nobel Prize winner in economics, Elinor Ostrom, has sagely observed: "Humans don't like to be suckers." She arrived at this conclusion after studying local programs working to overcome the tragedy of the commons where individual actors competing against each other might exploit beyond sustainability common resources, be they fish in the sea, drinkable water, air quality, etc.

Ostrom's admonition has both roots in a national energy dilemma that transpired 75 years ago and implications for the current congressional climate policy debate.

Almost eight decades ago, the Roosevelt administration dealt with a problem of the commons: overproduction. This issue stemmed from a particular rule of resource ownership the law of capture which applied to mobile below-ground assets such as oil, gas and water. Under the rule, a person who extracted the resource could sell all he or she could pump, regardless of whether it may have migrated from beneath someone else's land.

The rule promoted oil discovery, but also waste. Landowners surrounding an oil strike would quickly drill their own wells and begin to pump it out, in the process reducing the underground pressure that enabled easy development of the resource.

In the end, overproduction helped turn energy booms to busts and made a lot of America's oil unrecoverable. The sudden rush in the 1930s meant competitive suicide for the oil industry, as independent and major producers pumped so much oil it was being sold below cost. Texas set up pro-rationing to try to take care of the problem. California ended up with an attempt at a cartel. But states lacked the legal and regulatory wherewithal to enforce a cutback in everyone's production and bring it back to a sustainable level.

The Great Depression only made matters worse. With producers scrambling for anything they could get, quotas were ignored and illegal "hot oil" was delivered to refineries and pipelines for whatever it could fetch sometimes amounting to as little as 4 cents per barrel in 1933 for oil that it took nearly $1 to produce. The breakdown threatened the utter collapse of the U.S. oil industry, as seen by the new Roosevelt administration's interior secretary, Harold Ickes.

Ickes warned it was imperative to get the energy sector back on a sustainable economic path, noting "without oil, American civilization as we know it could not exist."

He first considered setting a price floor for oil, asking Interior Department lawyer J. Howard Marshall II who would later become an oil titan to put in place price controls that Marshall had advocated when he was a Yale Law Review editor.

Marshall, though, soon discovered that a price floor set by government fiat would only put more hot oil on the market, wasting more of the nation's vital common resource. So, instead, he got Ickes to sign off on a plan to manipulate demand by requiring certificates of clearance for legally produced oil shipped in interstate commerce. A federal tender board would track the certificates at the refineries and pipelines the choke points for oil demand and production to make sure they squared with quotas set for oil leases. And to keep imports from blowing this scheme to smithereens? A special import tax of 21 cents per barrel.

Marshall's plan eliminated much of the waste by giving participants a more trustworthy method of regulation that didn't leave them feeling they were suckers if they complied with their quotas and the law.

Washington's hot oil resolution then could provide present-day lawmakers a lesson for solving the current hot air debate.

Any plan to mitigate greenhouse-gas emissions, like any approach to controlling oil production, must encompass all participants addressing them in a direct and predictable manner.

U.S. climate policy must keep its accounting simple, in the same manner that Marshall made his tender board certificates straightforward.

Yet, the cap-and-trade program at the center of both the Senate and House climate bills flouts these principles. The complicated offset programs and convoluted emissions registries would create ample opportunity for more hot air, not less.

It all comes back to this: "Humans don't like to be suckers." And that goes doubly for American voters. Congress needs to take a page from the hot oil hubbub and implement a climate policy that's transparent, direct and effective.

O'Keefe, chief executive officer of the George C. Marshall Institute, is president of Solutions Consulting Inc.

http://www.chron.com/disp/story.mpl/editorial/outlook/6717984.html

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The U. S. Supreme Court is currently reviewing the latest 9th Circuit decision. Read More...

May 5, 2010
Stern Loses Again at the Ninth U.S. Circuit Court of Appeals

Ninth Circuit Reject en banc hearing

Less than two months after it rejected all claims made by Howard K. Stern on behalf of the late Anna Nicole Smith’s estate against E. Pierce Marshall, the Ninth U.S. Circuit Court of Appeals denied a motion by Smith’s attorneys to rehear the case en banc.

On March 19, 2010 the 9th Circuit upheld the Marshall family’s argument that the case has been fully adjudicated in the Texas Probate Court, which ruled in favor of E. Pierce Marshall and against Smith on every issue. The 9th Circuit ruling states in part: “The district court should have afforded preclusive effect to the Texas probate court’s factual findings and relevant legal conclusions. The determinations adverse to Vickie Lynn Marshall in the Texas probate court prevent her from establishing the elements of her counterclaim, such as J. Howard Marshall II’s intent to give her a substantial inter vivos gift, the tortious nature of Pierce Marshall’s conduct regarding the estate planning
documents, and the reasonableness and amount of her expectancy. We reverse the judgment of the district court and remand with instructions that judgment be entered in favor of the Estate of Pierce Marshall.”

“Today’s denial of a new hearing once again vindicated the efforts of the late E. Pierce Marshall to uphold his father’s estate plan,” said Marshall family spokesman David Margulies. The Ninth Circuit opinion supports the 2001 5 month jury trial in Texas Probate Court, which established that Anna Nicole Smith was never entitled to any assets from the Marshall family beyond the $7 million in cash and gifts she received from J. Howard Marshall, II. The jury also unequivocally rejected Smith’s claim that E. Pierce Marshall and others interfered with her receiving any additional gifts while her husband was alive or at his death.

March 19, 2010
A Statement from the Marshall Family

For Immediate Release

Contact:
David Margulies
(214) 368-0909
(214) 914-1275

Statement From The Family of E. Pierce Marshall

DALLAS (March 19, 2010) The U.S. Court of Appeals for the Ninth Circuit today vindicated the efforts of the late E. Pierce Marshall to uphold his father’s estate plan.

The Ninth Circuit opinion supports the 2001 five month jury trial in Texas Probate Court, which established that Anna Nicole Smith was never entitled to any assets from the Marshall family beyond the $7 million in cash and gifts she received from J. Howard Marshall, II . The jury also unequivocally rejected Smith’s claim that E. Pierce Marshall and others interfered with her receiving any additional gifts while her husband was alive or at his death.

“The lies that were told about told about E. Pierce Marshall have finally been put to rest,” said a statement issued by the Marshall family. “Pierce Marshall was never intimidated by Anna Nicole and her bevy of contingency fee lawyers’ use of her celebrity and the legal system to try to loot J. Howard ‘s estate. We are proud to have supported his efforts and continue that fight. Our only wish would be that Pierce were here to see his vindication.”

“Many people have asked over the many years if the fight to uphold my father’s last wishes was worth it,” Pierce Marshall said in a statement issued in 2004. “I know Anna and her lawyers were counting on our family giving up and paying them an absurd sum to go away. That was never going to happen. We never wavered from our belief that, in the end, justice based on the rule of law would prevail.

“We are deeply appreciative that the Ninth Circuit took the time to closely examine the important legal issues raised by this case and agreed with our analysis of the law and facts regarding those issues,” said G. Eric Brunstad, Jr. who represented the Marshall family.

“Anna Nicole Smith and her attorneys never presented a single witness on document that upheld her absurd claims,” said David Margulies, a spokesperson for the Marshall family.
“Texas jurors in the Probate Case listened carefully to all the evidence Smith and her lawyers presented and ruled in favor of E. Pierce Marshall on every point.”

The 9th Circuit upheld the Marshall family’s argument that the case has been fully adjudicated in the Texas Probate Court, which ruled in favor of E. Pierce Marshall and against Smith on every issue. The 9th Circuit ruling states in part: “The district court should have afforded preclusive effect to the Texas probate court’s factual findings and relevant legal conclusions. The determinations adverse to Vickie Lynn Marshall
in the Texas probate court prevent her from establishing the elements of her counterclaim, such as J. Howard Marshall II’s intent to give her a substantial inter vivos gift, the tortuous nature of Pierce Marshall’s conduct regarding the estate planning
documents, and the reasonableness and amount of her expectancy. We reverse the judgment of the district court and remand with instructions that judgment be entered in favor of the Estate of Pierce Marshall.”





Site Search

Copyright 2008   |   http://factweb.net
E. Pierce MarshallJ. Howard Marshall