Trigger Alerts: The Best & Worst of 2013

by Arkansas Business Staff  on Monday, Dec. 23, 2013 12:00 am  

And although she did not, and has not since, changed her opinion about the public’s right to know who is licensed to carry a concealed weapon, Moritz quickly removed the link to the list from the ArkansasBusiness.com website and soon after stopped sharing it by email.

“The reason I removed the link promptly was that I began to understand that some of these licensees were truly terrified, some with good reason because they have escaped abusive situations and have made efforts to fly below the radar,” Moritz told Arkansas Democrat-Gazette columnist John Brummett. “And to them my action was not principled, but actively malicious, which was never my intent at all.”

Meanwhile, hunting licensees’ names and street addresses are still public information available by request from the Arkansas Game & Fish Commission.

Best Family Business

It was revealed in 2013 that four members of the family that control Dillard’s Inc. realized nearly $100 million from stock options in 2012. The big payouts went to CEO William Dillard II, who received $31.1 million in 2012 from exercising 500,000 shares of the company’s stock. His brother, Alex Dillard, who is the president of the retail chain, also received $31.1 million in 2012 from exercising 500,000 shares of the company’s stock.

Worst Ruling For Class-Action Attorneys

When the U.S. Supreme Court ruled in favor of an insurance company in a case brought in Miller County, it was a blow to the business plan used with great success by the Texarkana law firm of Keil & Goodson.

The firm and others had routinely managed to keep class-action cases in friendly — and slow-moving — state court by stipulating from the get-go that the plaintiffs would not seek more than $5 million in costs and damages. The high court’s ruling shut down that strategy.

In recent years, Keil & Goodson and the Texas firms of Nix Patterson & Roach and Crowley Norman had received more than $420 million in attorneys’ fees tied to out-of-court settlements — not jury verdicts — in 23 lawsuits, nearly all of them in Miller County.

Worst Time for a Meeting

On the day of oral arguments on Keil & Goodson’s controversial legal strategy, partner John Goodson’s wife, Arkansas Supreme Court Justice Courtney Hudson Goodson, arranged a meeting U.S. Supreme Court Justice Antonin Scalia. Meeting with one of the justices about to decide the legality of her husband’s business plan looked bad enough, and Justice Goodson denied through a spokeswoman any improper communication. Which is a good thing, since Scalia — and every other justice — voted against Keil & Goodson’s position.

Best Revival

 

 

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