3 Stories

Sour Grapes Over Napa Bubbly

Lawsuit divides members of top wine-making family

(Newser) - A feud between members of the family that produces one of the top sparkling wines in the US is making California's Napa Valley the setting for a real-life soap opera, the San Francisco Chronicle reports. Hedge-fund manager John Davies is battling for his stake in Schramsberg Vineyards, charging that his... More »

Low-Key Lawyer to Moderate Dow Buyout

Attorney will mediate Bancrofts sit-down, then tally the votes

(Newser) - One man stands between News Corp. chief Rupert Murdoch and the Dow Jones-controlling Bancroft Family: a reserved, unassuming Boston lawyer named Michael B. Elefante, who has managed most of the Bancrofts' trust accounts for decades. Next week, beginning with Monday's strictly informational meeting, Elefante will mediate the $5B transaction. More »

Clintons Sell Stock to Avoid Bonds

Couple liquidates blind trust to head off political fallout

(Newser) - Nobody wants to see Whitewater II, least of all the Clintons. As Hillary barrels towards the White House, they've liquidated a blind trust worth $5 million to $25 million in an effort to avoid potential conflict-of-interest charges. The fund, invested on their behalf since Bill took office, included live-wire investments... More »

3 Stories