LAWSUITS NEWS & LEGAL INFORMATION
Jon. S. Corzine
New York, NY: (May-23-07) Union president, Carla Katz, filed a lawsuit against New York Governor Jon. S. Corzine, following their break up after a stormy romantic affiliation. Katz was warned by her union colleagues not to contact the governor away from the bargaining table for fear their history posed a conflict of interest. Sources claim that Katz pressed on with the independent lobbying, according to a review by a state ethics panel, making about a dozen attempts to discuss a proposed contract with her former companion via telephone and e-mail, leading a mayor in Bergen County to file a formal complaint with the ethics panel. On May 8, 2006 the panel concluded that Corzine was not swayed by her entreaties and did not violate the governor's code of conduct. Lawyers negotiated a settlement upon their breakup in 2004, and agreed to reveal in strict confidentiality, that the settlement figure was close to $6 million. The package was said to include a trust to pay for Katz's two children, now 12 and 15, to attend college, and a 2005 Volvo sport utility vehicle that cost about $30,000, neither of which had previously been reported. Corzine also gave Katz a $470,000 loan, the value of a mortgage, so she could buy her ex-husband out of their Hunterdon County home. She also received a lump sum of cash that she used to buy a $1.1 million condominium.
[NEW YORK TIMES: DIVORCE SETTLEMENT]
Published on May-23-07
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