Bill Richardson |
NM Watchdog - “We are winning,” a determined top lawyer to the New Mexico State Investment Council declared at its June 26, 2012 meeting. The SIC’s Chief General Counsel Evan Land outlined the SIC’s strategy of “flipping” and “leveraging” “seventeen or eighteen of the worst actors” to reach bigger fish and bigger pots of money that may compensate New Mexico for enormous losses allegedly caused by politically motivated investments during the administration of former Governor Bill Richardson. News that one of the key defendants in the SIC’s case had been tracked down in France drove home Land’s point that the SIC is on the offensive and moving forward.
“We served Marc Correra in the lobby of his Paris apartment building,” Land reported during the public session of the State Investment Council’s monthly meeting. Correra’s former wife revealed in the course of their divorce that Correra had fled the United States believing he could escape his legal problems. According to Land, Correra’s response to being found and served was less than courteous. The SIC’s lawyers employed the Hague Convention to serve the suit on Correra. Land also reported that Anthony Correra, Marc’s father, had been served a total of three separate times “so there would be no doubt” he had been brought under the court’s jurisdiction and must defend the claims against him or face a crushing default judgment. Read full story here: News New Mexico
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