For TAT Capital Partners: JMBM lawyers Joe Demko and Matt Kenefick recently obtained a defense verdict in favor of JMBM clients TAT Capital Partners, Ltd. and Mark Putney. The Plaintiff, ZF Micro Solutions, Inc., claimed $77.5 million in damages for TAT’s and Mr. Putney’s alleged breaches of fiduciary duty. Following a month-long trial, the jury […]
JMBM represented ORIX Capital Markets, LLC in confirming a Creditor’s Plan of Reorganization and defeating the Debtor’s Plan of Reorganization in a Chapter 11 case filed by a hotel located in the Monterey Peninsula so that a liquidating agent could be appointed to sell the hotel at an auction sale. Robert B. Kaplan and Joseph […]
JMBM successfully defended a lender after a week-long trial against a borrower/guarantor seeking to set aside guarantees and deeds of trust on real property securing commercial loans based upon allegations of fraud and mutual mistake. The lender was represented by Joseph N. Demko and Richard A. Rogan.
SANTA CLARA—On June 10, 2010, the Santa Clara Superior Court entered judgment in favor of JMBM client, venture capital fund TAT Capital Partners, Ltd., for more than $4.5 million on a breach of contract claim against embedded semiconductor corporation ZF Micro Solutions and more than $9.2 million on fraudulent transfer claims against 22 individuals. JMBM […]
JMBM represented Phoenix American Incorporated in a two-week trial obtaining a declaratory judgment that it was not the successor-in-interest to an acquired company and therefore was not liable for the company’s debts; successfully defended the cross-complaint that claimed the transfer of assets from the acquired company was a fraudulent transfer and that Phoenix American Incorporated […]