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Statute of Limitations In Cohen Court Case - Papers Online

Statute of Limitations In Cohen Court Case

In a recent court case (A3 - Business Day), Steven A. Cohen (CEO of SAC Capital) was in a suit against his ex-wife Patricia Cohen, who claimed that he was involved in racketeering and organized crimes. Patricia claimed he hid millions of dollars from her during their divorce which took place 20 years prior to the case; she also claimed that Steven Cohen received a tip in 1985 in reference to the takeover of RCA by General Electric in which Mr. Cohen used the proceeds to start a new investment firm. After denying the allegations, Mr. Cohen filed a motion to dismiss the case and be as it may the case was thrown out on the basis that Ms. Cohen’s allegations were just speculation and rumor as ...

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may be initiated. I also learned that the purpose of a statute of limitations is to ensure that the possibility of punishment for an act committed sufficiently long ago cannot give rise to a person's incarceration. As for murder and more serious offenses there is no statute of limitations. One area of the law we didn’t cover in class would be “prescription” which prevents the filing of a civil law case that is presented after a legally determined period. This may be brought up in class at any time discussing a civil lawsuit that presents itself after such a long time of the actual ...

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Statute of Limitations In Cohen Court Case. (2011, July 4). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Statute-of-Limitations-Cohen-Court-Case/99808

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PAPER DETAILS

Added: 7/4/2011 07:18:58 PM
Submitted By: neo8489
Category: Business
Type: Premium Paper
Words: 327
Pages: 2

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