Reuters blog archive
While the securities world waits for the inevitable indictment of the Texas financier, he keeps going through lawyers with the same speed the alleged Ponzi mastermind was said to date women. Last week Stanford replaced his civil litigation defense team with a group of lawyers from the little-known Washington, D.C.-based law firm The Gulf Law Group.
The Gulf firm bills itself as a "full-service firm,'' but it mainly appears to be a law firm specializing in admiralty and maritime law. On the firm's homepage there are photographs of a lighthouse, a cargo ship and offshore drilling platform.