Latest news with #Indones
Yahoo
5 days ago
- Business
- Yahoo
L.A. lawyer and son-in-law of Tom Girardi pleads guilty to contempt of court
Days after a judge sentenced legal titan Tom Girardi to seven years in prison for stealing from clients, his son-in-law — formerly a high-ranking attorney at his now-defunct firm — pleaded guilty to a federal charge in Illinois. David Lira, 65, of Pasadena, admitted Thursday to one count of contempt of court for defying a Chicago judge's order concerning the distribution of settlement funds to clients whose relatives had perished in a 2018 Indonesian plane crash. As part of broader litigation to hold Boeing accountable for defects in its 737-MAX jets, Lira and Girardi negotiated payouts totaling $7.5 million for a group of widows and orphans in 2020. But the clients, who lived in Indonesia, did not receive their full settlements. Evidence would later emerge that Girardi was routinely using client money to underwrite a lavish lifestyle with his wife, 'Real Housewives of Beverly Hills' star Erika Jayne. Read more: Tom Girardi – disgraced legal titan, former 'Real Housewives' husband – sentenced to 7 years in prison Lira 'knew that Girardi did not pay the Lion Air Clients' settlement funds in full, in contravention of [U.S. District] Judge (Thomas) Durkin's orders, despite [the Indonesian clients'] inquiries about and demands for their Settlements,' according to a plea agreement filed Thursday. Durkin referred the case for criminal investigation, and prosecutors in Chicago filed wire fraud and other charges against Lira and Girardi in 2021. Prosecutors dropped the Chicago-based case against Girardi, 86, last month. Girardi was separately convicted of wire fraud last year in Los Angeles, resulting in the seven-year prison sentence handed down this week. Lira, who is married to Girardi's daughter Jacqueline, began working at his father-in-law's firm in 1999. He was sometimes called the firm's senior partner, though Girardi was the sole owner. Lira resigned from Girardi Keese about six months before its 2020 collapse, after confronting his father-in-law about the Lion Air case and demanding that Girardi pay the victims. As he moved on to another firm, Lira did not alert the victims or authorities about Girardi's mishandling of the money. Lira's defense attorney, Damon Cheronis, noted that 'the plea agreement did not assert any acts of fraud on the part of Mr. Lira.' Read more: Vegas parties, celebrities and boozy lunches: How legal titan Tom Girardi seduced the State Bar 'Mr. Lira continually asked Mr. Girardi to pay these clients their rightful settlement money pursuant to the court order, however Girardi did not,' Cheronis said in a statement. Lira is scheduled to be sentenced on Oct. 8. Prosecutors have not yet recommended a particular penalty, but they indicated in the plea agreement that under federal sentencing guidelines, Lira faces six to eight years in prison. Girardi and Lira represented the victims in the Lion Air crash alongside Chicago-based lawyer Jay Edelson. It was ultimately Edelson who brought to the judge's attention that the Indonesian clients were not paid by Girardi. 'We're pleased that David Lira, after years of portraying himself as an innocent bystander, has finally admitted he is a criminal,' Edelson told The Times on Thursday. 'We remain hopeful that the other criminals who helped Girardi pull off the largest Ponzi scheme in the history of the plaintiff's bar will also face disbarment and long prison sentences.' The widows and orphans ultimately received their settlement payments after Edelson's insurance provider agreed to foot the cost. The State Bar is pursuing disciplinary action against Lira and two other attorneys who worked at Girardi Keese. Lira continues to practice for a Century City law firm, though restrictions imposed by a bar court judge prohibit him from handling client money. Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. This story originally appeared in Los Angeles Times.
Arab News
17-02-2025
- Politics
- Arab News
What do people want from a leader in a rapidly changing world?
LONDON: What are leaders for? It sounds like an obvious question, with equally obvious answers. But a new survey, conducted across 52 countries and territories and accounting for 76 percent of the world's adult population, has refined those answers down to just four words: hope, trust, compassion and stability. And of these 'four needs of followers,' one emerges head and shoulders above the rest – hope, followed closely by trust. These were the headline findings of an international survey released by international polling company Gallup at last week's three-day World Governments Summit in Dubai. The summit, which has been held annually in the city since 2013, brings together heads of government, officials and thought leaders 'to address universal challenges and set the agenda for next-generation governments.' Topics tackled at this year's summit included the impact of artificial intelligence and how governments can maintain the trust of their citizens in the face of the maelstrom of misinformation and conspiracy theorizing generated in this digital age. And trust and hope, the survey found, are what people want most from their leaders, whether in government or at the head of the companies for which they work. 'Today's leaders face profound and complex challenges, such as climate change, conflict and artificial intelligence, and must make decisions that affect the lives of their followers,' said Jon Clifton, Gallup's CEO, who spoke at the launch of the report at the summit on Feb. 11. 'In this changing world, it is crucial for leaders to understand the reasons people follow them.' To better understand how people around the world perceive leaders and their impact, Gallup first asked participants to name a leader who has had the most positive influence on their daily lives. They then asked them to list three words describing what that leader contributes to their lives. The survey found that 'hope is the primary need of followers around the world' — a finding that would have come as no surprise to the 19th-century French leader Napoleon Bonaparte, who defined a leader as 'a dealer in hope.' When asked to list three words that best describe what leaders contribute to their lives, 56 percent said 'Hope,' followed by 33 percent who named 'Trust.' It is, said Clifton, essential for leaders to recognize that 'hope is a powerful motivator. It stands out as the dominant need across followers, with 56 percent of all attributes tied to positive leaders grouping into this theme — particularly the attributes of inspiration, vision and personal integrity. 'Hope gives followers something better to look forward to, enabling them to navigate challenges and work toward a brighter future. Without hope, people can disengage, lose confidence and become less resilient.' The survey found that hope is the primary need across all 52 countries surveyed, ranging from just over four in 10 people in Bulgaria, Jordan and Lebanon to at least two in three in Saudi Arabia, Indonesia and Egypt. In fact, hope as a need fulfilled by leaders was above the global average of 56 percent in Egypt (72 percent), Saudi Arabia (66 percent), the UAE (64 percent). By contrast, hope was found most wanting in Palestine (49 percent), Jordan (44 percent) and Lebanon (41 percent). And the survey makes clear that, while government leaders obviously play a significant role in the lives of their citizens, other types of leaders understandably have a more direct, day-to-day impact on people's lives and happiness. Overall, asked what leader had the most positive influence on their lives, an overwhelming and perhaps unsurprising majority of those surveyed (57 percent) named a family leader. Next, with 11 percent, came work managers, followed by political and religious leaders, both named by 7 percent of respondents. Celebrities, the survey reveals, are rarely considered to exert the most positive influence in people's daily lives — just 2 percent of adults name a celebrity. Which type of leader has the most positive influence varies enormously from country to country – for example, workplace leadership is important to 70 percent of people in China and 52 percent in the UAE, while political leadership is cited by 38 percent in Tanzania (the highest rating), 33 percent in Israel and 22 percent in Turkiye. While Gallup's research into followers' needs offers valuable insight, the answer to what makes a good leader lies in a holistic understanding of themselves, their role, and the needs of their followers. Without first understanding what followers expect and need, a leader's ability to lead successfully is in question. 'Great leadership is defined not by authority alone, but by how much the people who follow leaders trust and support them,' said Gallup's Jon Clifton. 'The best leaders — of countries, organizations or other groups — keep their followers in mind when making decisions, because without them, even the most capable leader lacks true influence.' The survey also found a direct connection between wellbeing and life satisfaction and the extent to which the basic expectations of leadership — hope, trust, compassion and stability — are met. Gallup measures life satisfaction by asking respondents to imagine a ladder with ten rungs, with the lowest rung representing the worst possible life and the highest the best. Those who rated their current life a '7' or higher and their anticipated life in five years an '8' or higher are categorized as thriving. Those on '4' or lower are considered to be suffering. By this metric the survey reveals a subtle but significant association between hope and life satisfaction. Among those who do not associate hope with the leader they mention, only 33 percent are classed as thriving and 9 percent as suffering, whereas thriving rises to 38 percent and suffering dips to 6 percent among those for whom the need for hope is met. Although suffering is relatively rare, the survey results show it decreases as more needs are met. This is especially important in low-income countries, where higher levels of suffering make hope for a better future crucial in reducing pain. Trust is the second most important need identified by the survey (33 percent), and this has 'an additive role' when combined with hope and either stability or compassion, in which case rates of thriving increase to 43 percent and 39 percent respectively. Followers need to trust that their leaders will keep their word and act with integrity, Gallup explains. 'Trust is the foundation of human relationships,' enabling people to collaborate toward shared goals more effectively. Gallup says its research into the needs of followers 'offers a blueprint for current and future leaders.' 'As we navigate an era marked by rapid technological advancements and global interconnectedness, the ability to pivot and respond to new challenges is more important than ever,' said CEO Clifton. 'Leaders who keep the four needs of followers at the forefront when making decisions will likely be most destined to make a positive impact on the world.' Gallup highlights that leaders 'must ultimately know three things to succeed' — they must understand the needs of their followers and fulfil the four needs of hope, trust, compassion and stability; they must know themselves, and lead with their strengths; and 'the most successful leaders also have a deep understanding of the demands of their specific role and the expectations attached to it.' However, Gallup leaders cannot meet their followers' needs without first knowing themselves, Gallup highlights. Effective leaders develop their innate strengths, refining natural talents through knowledge and skill to unlock unique leadership approaches and maximize their impact. The best leaders, the report concludes, 'achieve success — despite varied roles, organizations and industries — by bringing multiple teams together and making great decisions, driving the purpose and performance of their organization. 'The more leaders can provide their followers with hope, trust, compassion and stability by leaning on their unique strengths and applying them to the specifics of their role, the more successful they will be.'
