Judge Throws out Perelman’s Lawsuit against Arlin AdamsMay 23, 2013 – In The News
Abraham Reich was quoted in the Legal Intelligencer article "Judge Throws out Perelman’s Lawsuit against Arlin Adams." While the full text can be found in the May 23, 2013, issue of Legal Intelligencer, a synopsis is noted below.
A federal judge dismissed a complaint against Arlin Adams, a former judge on the U.S. Court of Appeals for the Third Circuit, in a case stemming from the turmoil in the Perelman family. Raymond Perelman claimed fraud and negligence on Adams’ part in the handling of a business deal more than 20 years ago between him and his estranged son for $24 million.
U.S. District Judge Eduardo C. Robreno of the Eastern District of Pennsylvania threw out the action against Adams, who has been of counsel at Schnader Harrison Segal & Lewis since leaving the bench in the 1980’s. “The dismissal will hopefully put an end to a seemingly endless litigation among members of this unhappy family involving these related claims,” Robreno said.
In reference to that part of the judge’s opinion, Abraham Reich said, “The judge’s opinion, particularly the last paragraph, says it all.” Reich represented Adams in this action and Schnader in a similar suit previously brought by Perelman.
“This was a lawsuit that never should have been filed,” Reich said, adding that it is unfortunate that “such a distinguished member of the legal community” would be “sullied” with allegations like this.