Loading...
HomeMy WebLinkAbout38-90 RESOLUTION• • • • a 1' RESOLUTION NO. 38-90 A RESOLUTION A"THORIZING PAYMENT 70 THE NIBLOCK LAW FIRM AND THE MCDERMOTT, WILL & EMERY LAW FIRM FOR LEGAL SERVICES RENDERED FOR THE PERIOD OF JANUARY 2-31, 1990 :N THE INCINERATOR AND FOIA LAWSUITS. RE fT RESOLVED BY THE BOARD OF OTRECTORS OF THE CITY OF FAY E rrEV 1 LLF. , ARKANSAS: Section 1. That the Board of Directors hereby authorize payment of 532.079.18 to the Niblock Law Firm for legal services rendered iri the incinerator project and FOIA Lawsuits for the period of January 2-31, 199C. A copy of the itemized statement .authorized for execution hereby is attached hereto marked Exhibit "A" and made a part hereof. Section 2. That the Board of Directors hereby authorize payment of $65,517.59 to the McDermott. Will & Emery Law Firm for legal services rendered in the incinerator project and FOIA lawsuits for the period of January 2-31, 1990. A copy of the itemized statement is attached hereto marked Exhibit "B" and made a part hereof. PASSED AND APPROVED this 20th day of March ATTEST: By. _1- ;.. aro City C rk APPROVED: 13v: , 1990. >ra'-or r •1 • STATE MENT,OF AFCOUNT THE NIBLOCK LAW FIRM Fayetteville, City of TE EPHONE (5011521-5510 DRAWER Sm. 20 EAST MOUNTAIN STREET FAYETTEVILLE, ARKANSAS 72702 February 17, 1990 A/c 1424/5 Ref MATTER: Continuing services January, 1990 A/c 1424/5 Page 1 DATE LEGAL SERVICES RENDERED THROUGH FEBRUARY 17, 1990 01/02/90 01/02/90 01/03/90 O 1/03/90 01/03/90 O 1/03/90 01/03/90 01/03/90 01/03/90 O 1/04/90 01/04/90 01/04/90 O 1/04/90 01/04/90 WRN confer with Pflaum (12-19- 89) item not previously entered KCG confer with Butler WRN FOI WRN Sid KCG confer with Scott L. re request review file; confer with D. and Pflaum confer with Steve P. KCG confer with Sid Davis CLE draft research memo WRN confer with Ziser re FOI KCG confer with Scott L. Steve P. x 2 WRN confer with Randy Mulligan WRN confer with client WEN confer with Steve P., Scot Jerry, Ziser; file review 'WRN confer with Larry Birks with Friday Firm WRN confer with Tom I. EXHIBIT A HOURS 0.25 0.25 O .25 2.00 O .25 O .50 1.00 0.25 0.50 0.25 0.25 5.00 O .25 O .25 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 31.25 25.00 31.25 250.00 25.00 50.00 25.00 31.25 50.00 0.00 31.25 625.00 31.25 31.25 t STATEMENT7OFAPCOUNT THE NIBLOCK LAW FIRM TELEPHONE MOS 521-5510 DRAWER mm. 20 EAST MOUNTAIN STREET FAYETTEVILLE. ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 2 DATE 01/04/90 01/04/90 01/04/90 O 1/04/90 O 1/05/90 O 1/05/90 01/05/90 O 1/05/90 01/05/90 01/05/90 01/05/90 O 1/06/90 01/07/90 O 1/08/90 O 1/08/90 KCG work on FOI case CLE research and drafting memo WRN confer with Bill Bassett CLE research and draft memo WRN outside office to City Hall for News Conf., and preparation CLE edit memo CLE outside office to courthouse CLE outside office to courthouse for copy of Order KCG confer with Scott, Jerry, WRN, Tom, Steve KCG outside office to press conference KCG review Order in E89-1170 KCG work on bond case KCG work on case, research CLE and KCG to county. law library research work on case HOURS 6.75 3.00 0.25 1.75 2.00 0.50 0.25 O .25 2.50 O .75 O .25 5.50 5.75 O .50 9.25 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 675.00 75.00 31.25 43.75 225.00 12.50 6.25 6.25 250.00 75.00 25.00 550.00 575.00 12.50 925.00 T • STATEMENT,OF ACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (501) 521.5510 DRAWER Q!. 20 EAST MOUNTAIN STREET FAYETTEVILLE•ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 3 DATE O 1/08/90 01/08/90 O 1/09/90 O 1/09/90 01/09/90 01/09/90 01/09/90 O 1/09/90 01/09/90 O 1/09/90 O 1/09/90 O 1/10/90 O 1/10/90 O 1/10/90 O 1/10/90 01/10/90 WRN conference CLE research, copy cases, county library KCG confer with Scott KCG confer with Jerry R KCG confer with Niblock KCG confer with Scott, Jerry KCG confer with Pflaum KCG confer with Steve Pflaum KCG confer with Ziser WRN conference with Pflaum prep for hearing and conf. WRN confer with Ziser. CLE research and work on memo City case CLE research Pros. subpoena CLE research ciminal subpoena CLE confer re telecommunicate brief KCG work on cases HOURS 6.00 0.75 O .25 O .25 O .50 0.25 O .25 0.25 0.25 2.00 O .25 2.00 3.50 O .50 O .75 7.50 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 750.00 18.75 25.00 25.00 50.00 25.00 25.00 25.00 25.00 250.00 31.25 50.00 87.50 12.50 18.75 750.00 • STATEMENT OF ApCOUNT THE NIBLOCK LAW FIRM TELEPHONE (500521-5510 DRAWER Mt 20 EAST MOUNTAIN STREET FAYETTEVILLE ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 4 DATE 01/11/90 01/11/90 01/11/90 O 1/11/90 O 1/11/90 01/11/90 01/11/90 O 1/11/90 01/12/90 O 1/12/90 01/12/90 O 1/12/90 O 1/12/90 O 1/12/90 01/13/90 01/13/90 • CLE confirmation re Fax CLE copy cases and statutes CLE prepare cases for fax; copy cases CLE shepardize cases KCG work on case WRN confer with Ziser WRN confer with Sid Davis WRN conference: Ziser, Scott L Rose CLE research, copy cases CLE to courthouse for City transcripts CLE cite check brief, work on brief KCG work on case WRN court appearance and preparation WRN confer with Wilson, Scott L., Tom Ing. CLE copying cases. KCG prepare documents for prosecutor, index memos, etc. HOURS 0.25 2.25 0.50 0.50 12.00 0.25 0.25 8.00 3.00 0.25 1.00 9.25 7.00 1.00 2.75 3.00 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 6.25 56.25 12.50 12.50 1200.00 25.00 31.25 1000.00 75.00 6.25 25.00 925.00 875.00 125.00 68.75 300.00 • • V STATEMENT,OF ACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (50I) 521-5510 DRAWER SRA 20 EAST MOUNTNN STREET FAYEITEVILLE ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 5 DATE 01/13/90 01/13/90 01/14/90 01/14/90 01/14/90 01/14/90 01/15/90 01/15/90 01/15/90 O 1/15/90 O 1/15/90 O 1/15/90 O 1/16/90 01/16/90 01/16/90 WRN review Complaint in Intervention from Wash. County WRN review research on contracts; work on file KCG file review Kutak, Wilson, Rose; research FOI WRN review Brandon Motion for Atty. Fees WRN review Mtn. for atty. fees from Evans WRN review file, research, prep for Motion/Hearing KCG confer with Jim Rose, Davis, Tom B., WRN,Paddock, Jerry Rose KCG prep for Ct. appearance on 1-16 KCG review file client KCG meet with WRN and Steve (p.m) CLE to library, various office WRN research KCG confer with Scott L. KCG court appearancent KCG to Ziser's officet HOURS 0.25 5.00 3.00 0.25 0.25 6.00 1.50 1.50 1.50 2.00 1.50 1.00 1.00 2.00 0.50 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 31.25 625.00 300.00 31.25 31.25 750.00 150.00 150.00 150.00 200.00 37.50 125.00 100.00 200.00 50.00 • • T •• STATEMENT f , OF ACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (5011621.5510 DRAWER 5m. 20 EAST MOUNTAIN STREET FAYETTEVILLE. ARKANSAS 72702 • MATTER: Continuing services January, 1990 A/c 1424/5 Page 6 DATE 01/16/90 O 1/16/90 01/16/90 01/17/90 O 1/17/90 01/17/90 01/17/90 O 1/18/90 01/18/90 O 1/18/90 01/18/90 O 1/18/90 O 1/18/90 O 1/18/90 O 1/18/90 KCG prep for hearing KCG prep for Bd. meeting and to Board meeting WRN court appearance, Benton- ville; prep for Motion hearing; to Board meeting KCG confer with Niblock WRN confer with WRN confer with re FOIA WRN confer with Bill is ill WRN review file re FOIA WRN preparation with Scott WRN conference with Scott L. KCG Scott L. Scott L. and research for meeting KCG draft Order/correspondence respond to Brandon Pet.;confer CLE outside office to courthouse WRN confer with J. Hendren re FOIA suit WRN confer with Bill Bassett fre FOIA WRN conferr with Pflaum; prep for FOIA suit HOURS 2.50 1.75 12.00 1.00 1.00 0.25 0.25 2.00 1.00 1.00 9.75 O .50 O .25 O .25 1.50 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 250.00 175.00 1500.00 100.00 125.00 31.25 31.25 250.00 125.00 125.00 975.00 12.50 31.25 31.25 187.50 • • • • STATEM ENT,OF ACCOUNT. THE NIBLOCK LAW FIRM TELEPHONE 1600 521.6610 DRAWER 610. 20 EAST MOUNTAIN STREET FAYETTEVILLE ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page DATE 01/18/90 01/19/90 O 1/19/90 O 1/19/90 O 1/19/90 01/20/90 01/20/90 O 1/20/90 01/21/90 01/21/90 O 1/21/90 01/22/90 O 1/22/90 O 1/22/90 01/22/90 WRN review FOIA complaint; FOIA file; and research confer with client Conference with client KCG brief; proposed findings of fact, coni of law/confers CLE to City offices, Ball and Ziser's; get cert. copies of various materials/copy cases WRN work on file; talk with directors CLE locate and copy cases KCG work on proposed Findings, Conclusions, and Brief WRN conference in re prep for FOI hearing CLE research at Law Library KCG work on Brief, revisions & additions per Pilaus WRN review/research re FOIA hearing CLE research at law library CLE research at law library CLE to Library to check citations CLE to courthouse to get cert. copies of complaint HOURS 8.00 1.00 8.75 3.25 1.00 4.50 8.00 2.00 4.00 11.50 3.00 1.50 0.75 1.50 0.50 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 1000.00 125.00 875.00 81.25 125.00 112.50 800.00 250.00 100.00 1150.00 375.00 37.50 18.75 37.50 12.50 • • STATEM ENT;OF ACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (501) 5216510 DRAWER 516. 20 EAST MOUNTAIN STREET FAYETTEVILLE. ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 8 DATE O 1/22/90 01/23/90 01/23/90 01/23/90 01/23/90 01/24/90 O 1/24/90 O 1/24/90 01/24/90 O 1/24/90 O 1/25/90 O 1/25/90 01/26/90 O 1/26/90 O 1/26/90 01/29/90 WRN prep for FOIA hearing KCG confer with trial team and Scott KCG court appearance and preparation CLE outside office to courthouse WRN to Court for FOIA hearing and preparation WRN confer with Tom I. KCG confer with Scott L. x 2 KCG confer with Scott x 2; Bill W x 2 KCG drafting Supp. letter brief to Court KCG review file ECG draft letter brief to Judge Smith, 2 Orders WRN conference and research re class action WRN confer with J.R. and review FOIA request KCG confer with Niblock and Pflaum KCG review Olive's letter to Court and attachment KCG confer with Scott L. HOURS 4.00 1.00 8.00 1.25 10.00 0.25 O .25 0.50 2.00 1.00 4.00 O .50 2.00 1.00 O .75 O .26 THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 500.00 100.00 800.00 31.25 1250.00 25.00 25.00 50.00 200.00 100.00 400.00 50.00 250.00 100.00 75.00 25.00 • • • • 1 STATEMENT OF ACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (501)521-5510 DRAWER 610. 20 EAST MOUNT/UN STREET FAYEITEVILLE. ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 9 DATE O 1/29/90 01/29/90 01/29/90 O 1/29/90 01/30/90 01/30/90 O 1/30/90 01/30/90 01/31/90 O 1/31/90 O 1/31/90 O 1/31/90 O 1/31/90 01/31/90 O 1/31/90 KCG confer HCG confer KCG confer with with with Tom Ingoldsby David O. Judge Smith WRN review Court's decision and draft Order CLE outside office to courtroom/hearing WRN outside office to City Hall WRN court appearance and preparation for same KCG conferences with Steve, Tom, Scott, Olive, and court appearance WRN conferred with Ziser and conferred with Tom I. KCG confer with Scott KCG and KCG Tom KCG confer with Ziser, WRN, Tom I. conference with Niblock, I. drafting memo to Bd. KCG outside office for Bd. Report KCG confer with Karen Morrow on transcript HOURS O .50 O .25 0.25 1.00 1.00 0.75 7.00 7.00 4.00 O .25 O .75 1.25 O .75 O .50 O .25 AMOUNT 50.00 25.00 25.00 125.00 25.00 75.00 875.00 700.00 500.00 25.00 75.00 125.00 75.00 50.00 26.00 LEGAL SERVICES TOTAL $ 30375.00 THIS IS BILLING FOR MONTH OF JANUARY, 1990 • • • • STATEMENT OFACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (SOt) 521-5510 DRAWER 616.20 EAST MOUNTAIN STREET FAYETTEVILLE, ARKANSAS 72702 MATTER: Continuing. services January, 1990 A/c 1424/5 Page 10 DATE EXPENSES, ADVANCES and PAYMENTS RECEIVED Balance Brought Forward 00-00-00 O 1/12/90 01/15/90 O 1/15/90 01/18/90 01/18/90 O 1/19/90 01/19/90 O 1/22/90 01/22/90 O 1/25/90 Photocopies per automatic counter check reading Other client expenses to D. Taylor (Ct. Reporter) transcript WESTLAW network time on 12-1-89 Facsimile on City file 1-10/1-10 Photocopies 1-12;14;15 Other client expenses. to J. Cooper (Ct. Reporter) for transcript Postage Other client expenses to Circuit Clerk Postage Other client expenses to reimburse Clerk on copies out of office Postage Postage HOURS THIS IS BILLING FOR MONTH OF JANUARY, 1990 AMOUNT 0.00 343.40 333.00 638.63 40.00 55.50 120.90 2.15 10.00 5.40 3.05 1.45 2.25 1 • STATEMENT,OF OF ACCOUNT THE NIBLOCK LAW FIRM TELEPHONE (501) 621-6610 DRAWER 610. 20 FAST MOUNTAIN STREET FAVErrEVILLE.ARKANSAS 72702 MATTER: Continuing services January, 1990 A/c 1424/5 Page 11 DATE O 1/26/90 O 1/26/90 O 1/29/90 01/30/90 01/31/90 O 1/31/90 01/31/90 Photocopies at U/A Library Postage Postage Other client expenses to Karen Morrow (Ct. Reptr.) for copy of Judge's remarks Other client expenses to Karen Morrow (Ct. Reptr.) for copy of Judge's remarks Phone charges per Call America billing for January Postage HOURS AMOUNT 11.00 2.40 2.25 21.70 58.90 49.95 1.25 SUB -TOTAL $ 1703.18 BALANCE DUE $ 32078.18 THIS IS BILLING FOR MONTH OF JANUARY, 1990 • IOW TAX IDENTIFICATION NO. 38-1463176 } • LAW OFFICES OF MCDERMOTT,.WILL & EMERY 7850 K STREET, N.W. SUITE 500 WASHINGTON, D.C. 20008 - 2286 2021887-8000 City of Fayetteville 113 West Mountain Fayetteville, Arkansas 72701 ATTN: James L. Pennington STATEMENT DATE: February 27, 1990 PLEASE RETURN REMITTANCE COPY WITH YOUR PAYMENT. NO RECENT W61 BE FUR- NISHED UNLESS SPECIFICALLY REQUESTED. CLIENT / MATTER NO.: 24442-10 CPS Fwm 167 REV 8 GENERAL For Professional Services Rendered between January 1, 1990 and January 31, 1990 as set forth in the attached billing memorandum THIRD PARTY CLAIMS For Professional Services Rendered between January 1, 1990 and January 31, 1990 as set forth in the attached billing memorandum FOIA ACTIONS For Professional Services Rendered between January 1, 1990 and January 31, 1990 as set forth in the attached billing memorandum $3,313.75 $21,851.25 $35,243.75 • • y • • • • Balance Forward CHARGES AND DISBURSEMENTS INGOT 0881n • • • 2 Travel Toll calls for Washington Toll calls for Chicago Xerox -Chicago Xerox -Washington Chicago Telecopy Washington Telecopy Chicago Lexis Washington Administrative Support $60,408.75 $1,906.35 62.65 117.18 342.40 271.30 132.00 58.00 1,858.96 360.00 $5,108.84 5.108.84 Combined Total for Services, all Matters Combined Total for Disbursements, all Matters Combined Total this Statement, all Matters $60,408.75 =5.108.84 $65,517.59 .•• • • Balance Forward CHARGES AND DISBURSEMENTS INGOT 0881n • • 2 • Travel Toll calls for Washington Toll calls for Chicago Xerox -Chicago Xerox -Washington Chicago Telecopy Washington Telecopy Chicago Lexis Washington Administrative Support $1,906.35 62.65 117.18 342.40 271.30 132.00 58.00 1,858.96 360.00 $5,108.84 Combined Total for Services, all Matters Combined Total for Disbursements, all Matters Combined Total this Statement, all Matters EMMETT "B" $60,408.75 5.108.84 *60,408.75 *5.108.84 *65,517.59 • • • • McDermott, Will & Emery Suite 500 1850 K Street, A.W. Washington, D.C. 20006 202-887-8000 Client: 24442 City of Fayetteville 113 West Mountain Fayetteville, AK 72701 ATTN: James L. Pennington For Legal Services Rendered in Connection With: Matter: 10 General Matter 01/02/90 T. Ingoldaby 01/02/90 T. Ingoldsby 01/02/90 T. Ingoldsby 01/02/90 S. Pflaum 01/03/90 S. Pflaum 01/06/90 S. Pflaum 01/16/90 M. Phillips 01/17/90 M. Phillips February 27, 1990 5.75 Review alternatives for satisfying bond payment obligation and reply brief on Motion to Dismiss. 1.25 Calls to K. Gay, W. Niblock and S. Pflaum. .25 Call S. Pflaum. 2.00 Telephone conference with T. Ingoldsby re strategy and status; review Third -Party Complaints and Complaints of West Fork and Washington County; review correspondence. . 75 Telephone conferences with K. Gay re strategy and status; review correspondence. . 25 Telephone conference re F0I request. 2.50 Complete research re "dry hole" issue; began drafting memo re same. 2.00 Complete memo re dry hole issue; reviewe and revise same; conference with S. Pflaum re same and status of FOIA claim. • • • 01/17/90 J. Huffman 01/30/90 J. Simon 01/31/90 M. Phillips 01/31/90 T. Finch • • • -.2 3.25 Revise and edit memo discussing client's potential liability under controlling person doctrine and respondeat superior doctrine. 2.75 Research Erkansas statutes for law re municipality ability to raise sanitation rates. 1.00 Conference with S. Pilaus re research for counterclaim against FGIC; began research. 2.25 Work on organizing files. Total Hours 24.00 Total For Services $3,313.75 • • • • • • For Legal Services Rendered in Connection With: Matter: 10 Third Party Claims 01/02/90 T. Ingoldsby 01/02/90 J. Simon 01/02/90 J. Huffman 01/03/90 J. Simon 01/03/90 J. Huffman 01/04/90 L. Sullen 01/04/90 S. Pflaum 01/04/90 M. Rom 01/04/90 R. Giacalone 01/04/90 J. Simon i 2.75 Call R. May, R. Gay, S. Linebaugh and S. Pflaum regarding tolling agreements; revise letter to parties regarding tolling agreements. 12.50 Review article on tax exempt transactions; review memo re: FOIA Litigation; multistate research on duties of underwriter's counsel and bond counsel; multistate research on duties of underwriter' counsel and bond counsel to ensure that bonds are not marketed prematurely. 5.00 Research federal securities issues. 9.00 Research current law review articles and treatises for duties of bond counsel, cnderwriters and underwritres' counsel. 1.75 Research federal securities issues. .50 Office conference with S. Pflaum re privity research findings. 6.25 Review correspondence re prosecutor's subpoena and threatened lawsuit; telephone conferences with S. Linebaugh, J. Rose, K. Gay and W. Hiblock re same; office conference with R. Giacalone re assignment; office conference with J. Simon and Sullen re results of legal research. .25 Research cases for R. Giacalone. 6.00 Review liability of bond counsel, underwriter, and underwriter's counsel. 8.75 Research on liability of underwriters in connection with bond offering. 01/04/90 J. Huffman 01/05/90 J. Simon 01/05/90 J. Huffman 01/05/90 R. Giacalone 01/06/90 R. Giacalone 01/08/90 J. Huffman 01/08/90 J. Simon 01/08/90 R. Giacalone 01/09/90 J. Simon 01/09/90 R. Giacalone 01/10/90 J. Huffman 01/10/90 J. Simon • • 7.00 Review authority on federal securities law issues; review all 8th Circuit cases discussing controlling person liability; review cases discussing municipality liability under 10b-5. 8.25 Review Third -Party Complaint; research on liability of underwriter, bond counsel and underwriter's counsel. 7.00 Draft section of memo regarding securities and liability. 9.00 Review authority on causes of action against bond counsel, underwriter, and underwriter's counsel. 4.00 Research associated with establishing causes of action against bond counsel, underwriter, and underwriter's counsel. 3.50 Draft section of memo regarding securities law violation. 3.75 Research on duty of bond counsel and underwriter's counsel. 8.50 Research associated with establishing claims against an underwriter, its attorneys, and bond counsel. .75 Review law review articles on attorneys liability and duties of bond counsel. 8.25 Research associated with establishing claims against an underwriter, its attorneys and bond counsel. 4.75 Draft section of memo discussing federal securities law issues. 8.25 Research on due diligence required prior to issuance of municipal bonds, and the duties of the underwriter, underwriter's counsel and bond counsel; draft section of Memorandum dealing with duties and liabilities of underwriters. • • • 01/11/90 J. Huffman 01/11/90 J. Simon • • • -.5 2.50 Draft section of memo discussing precedent in federal securities cases. 6.75 Research cn premature duties and liabilities of underwriter, underwriter's counsel and bond counsel; draft section of Memorandum on duties and liabilities of parties to a bond offering; conference with B. Boles. 01/11/90 W. Boies .25 Conference with J. Simon re possible claims against underwriters. 01/11/90 R. Giacalone 01/12/90 J. Huffman 01/12/90 R. Giacalone 7.25 R ch and drafting associated with establishing claims against an underwriter, its attorneys, and bond counsel. 2.75 Finish first draft of memo discussing research on potential liability under federal securities law issues. 7.00 Research and draft associated with establishing claims against an underwriter, its attorneys, and bond counsel. 01/12/90 J. Simon 8.25 Research cn duties of underwriters. 01/13/90 R. Giacalone 7.00 Research and drafting associated with establishing claims against an underwriter, its attorneys, and bond counsel. 01/15/90 J. Huffman 6.25 Revise and edit memo discussing federal securities law issues. 01/15/90 J. Simon 8.50 Draft section of memorandum regarding duties of bond counsel; research on duties of underwriters. 01/16/90 J. Huffman 5.25 Revise and edit memo discussing federal securities law issues. 01/16/90 J. Simon 8.25 Draft introduction, issues and conclusions sections of memorandum on duties of underwriters, underwriters counsel and bond counsel; research on what duties bond counsel owes to the issuer of bonds; research on bond counsel's duty.