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Eagle couple accuses Boise investment adviser of gambling away their retirement

An Eagle couple trusted him for years to guard their nest egg. But in a flash, he lost $2.5 million of their retirement savings by using it to bet on the volatility of U.S. stock markets.

Patrick Bageant, one of the lawyers for the Daineses, said this isn't a case of "buyer beware" where a consumer should have done more homework. It's "a situation when someone had consulted an expert and was following an expert's advice," he said. "You never say 'buyer beware' to your doctor's advice." . . .

 

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In The Line of Fiduciary Duty

On Idaho's Money Show, Brian and Steve cover a late-breaking story of a local family suing a Boise investment advisor for breach of fiduciary duty and unsuitable investments. 

They’ve lost everything, but who is at fault?  

Patrick Bageant, the plaintiff’s attorney calls in for a few minutes to discuss their side of the story. . . .

 

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Boise BBQ biz sues national chain, alleges ‘Russian nesting doll of infringement’

Dickey’s Barbecue Pit built its 75th anniversary promotional material around creative imagery that it misappropriated from a Boise business, according to a lawsuit filed by the owner of BBQ4Life. “We are going to attempt to resolve this without [protracted] litigation,” BBQ4Life attorney Thomas J. Lloyd III said Thursday. Boise attorney Patrick C. Bageant is also representing Taylor in the lawsuit. . . .

 

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This year’s Accomplished Under 40 winners show success in a range of professions

High achievers in construction, education, banking, nonprofits, law, the public sector and a host of other areas were chosen by their peers as this year’s Idaho Business Review Accomplished Under 40 Honorees, based on leadership, professional success and community service by a panel that includes members of the professional community and former Accomplished Under 40 winners. 

2018 Honorees: Patrick Bageant, Attorney, Hollystone Law . . . 

 

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It’s time to rewrite Idaho’s non-compete laws, which are toxic to our economy

Patrick Bageant explains the unfortunate reasons why Idaho’s non-compete laws have attracted national attention: they are a regressive form of neo-feudalism and need a rewrite. If Idaho wants to languish while other states grow, its current laws certainly further that goal. But if we want a growing economy and a thriving job market — if we want to be part of the future — our non-compete statutes are obstacles to progress. . . .

 

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‘Loser pays’ arrangement produces counterintuitive results

Should a lawsuit’s loser pay for the winner’s lawyer? According to the Idaho Supreme Court, the answer is, yes, unless the Legislature says otherwise before March. Patrick Bageant writes that our Senate can look to Alaska, which has studied its own “loser pays” rule, and to California, whose statutory damages rule in civil rights cases also offers insight, albeit from a different context. Here is what it will find. . . .

 

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Are Law School ‘Merit Scholarships’ A Big Racket?

That’s the question essentially posed in a long and interesting New York Times article, Law Students Lose the Grant Game as Schools Win (which we previously mentioned on Saturday; yes, we do post on weekends). The piece is by David Segal, who also wrote a big and buzzy piece back in January, Is Law School a Losing Game?

Over at Nuts & Boalts, Patrick Bageant isn’t buying claims of victimization . . .

 
 

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The torture memos and Berkeley's law-school schedule

As political pressure mounts for a thorough investigation of the Bush administration's treatment of detainees in the years after 9/11, one local iteration of the debate over torture, civil rights, and national security refuses to die down. The subject of former Justice Department lawyer and torture apologist John Yoo's ongoing role as a professor at UC Berkeley's Boalt Hall School of Law is still a hot one. So hot, in fact, that it may have started to warp the law school's bureaucratic judgments. Questions about Yoo, the torture memos, and academic freedom are "very complicated stuff. It's not the case that these issues are black and white," says Patrick Bageant . . .