Nearly every adult knows, that when you are involved in a lawsuit, no matter the reason, it is highly unlikely that your hands will ever actually have a chance to hold the award amount listed. Once attorney fees and court cost are educated, there isn’t much left to spurge, or often to even make ends meet. Brian McDonough is an attorney who recently faced this dilemma with Laidlaw. After winning a lawsuit that totaled over half a million dollars for one of his client, in an arbitration settlement against Sands Brothers & Company he was told that they may not ever receive any where near the amount they were quoted. McDonough was instructed to advise his client to accept a settlement that would require them to forfeit a significant portion of the award amount. Despite the efforts to deter McDonough and his client from proceeding with the lawsuit, he pressed on in confidence and was able to win his care. Although it took a few months, his client received the full award amount quoted in the judgement.
Laidlaw was founded in 1924 by Robert Laidlaw and is now led by Chief Executive Officer Matthew Eitner and Managing Partner and Head of Capital Markets James Ahern. Eitner has an extensive background in investments and management, and has been with Laidlaw for roughly five years. James Ahern, who has also served Laidlaw for roughly five years has a strong background in finance with a focus on healthcare capital and finance. While the leaders of Laidlaw have developed strategic plans for the company’s continued success, their actions surrounding the arbitration lawsuit make their integrity and company morale a bit questionable.