PEMG Deal With Ex-Boss Included Media Gag: Atty

Law360, New York (April 16, 2009, 12:00 AM EDT) -- Attorneys for both sides in a dispute between Private Equity Management Group Inc. and its former president tried to predicate the payment of a $500,000 settlement to the former executive on his noncooperation with Wall Street Journal reporters, according to a letter from Fulbright & Jaworski LLP

A letter sent by Fulbright & Jaworski attorney Charles D. Schmerler told an attorney for former PEMG President and Chief Investment Officer Nasar Aboubakare that the ex-executive would receive a $500,000 payment from an arbitration case settlement after receiving...
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