01-15-2008, 10:25 PM
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SC(tm)
Senior Moderator
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Join Date: May 2004
Posts: 5,366
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Bank: 107,355.24
Total Points: 1,150,152.76
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Mike Nifong Bankrupt - Januaary 15, 2008
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Disgraced and disbarred, Mike Nifong is now bankrupt. The former North Carolina prosecutor, whose career imploded with his botched handling of the Duke University rape case, today filed for bankruptcy, listing liabilities in excess of $180 million. A summary schedule from Nifong's Chapter 7 petition can be found below. Almost all of that sum represents legal claims filed against the former Durham County district attorney by members of Duke's 2006 lacrosse team, including the three players who were accused of raping a stripper at a team party.
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Bloomberg.com: North American
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``This looks like a smart move for Mr. Nifong,'' said Charles Tatelbaum, a Florida lawyer who has represented doctors who filed for bankruptcy to shield themselves from lawsuits. ``This stops all the cases against him so he doesn't have to pay legal fees if he doesn't have insurance.''
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