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Hubbell Avoids A Malpractice Trial
Parties reach an out-of-court settlement in Arkansas civil suit
LITTLE ROCK, Ark. (AllPolitics, May 13) -- In an out-of-court agreement, former Clinton aide Webster Hubbell and the Rose Law Firm have settled a malpractice lawsuit filed by a couple who alleged he mishandled a problem involving a business loan.
Hubbell, a key figure in the Whitewater affair, was a defendant in a civil suit case filed by Robert H. Kinkead and Virginia "Joyce" Kinkead.
The couple claimed that Hubbell directed them to sign papers putting up more than $200,000 in property as collateral on a $96,000 loan from Union National Bank. The Kinkeads also alleged that because of the way their loan was handled, the bank foreclosed on their property.
Hubbell claimed he offered advice to Kinkead as a friend and did not charge for it. The terms of the settlement were not revealed, although the couple had sought more than $4 million in compensatory and punitive damages.
Hubbell pleaded guilty to mail fraud and tax evasion and served more than a year in prison. The case involved overcharges to Rose clients, but did not involve the Kinkeads.
Whitewater investigators are looking at help Hubbell received in lining up work after leaving the Clinton Administration and whether the assistance amounted to an attempt to arrange "hush money" to buy his silence on Whitewater.