A jury ruled in favor of major independent film production company Morgan Creek Productions, awarding our client almost $2 million for Franchise Pictures’ breach of good faith and fair dealing on an earlier settlement agreement. The jury also found in favor of Morgan Creek on its claims that Franchise Pictures provided improper accounting information to […]
Our firm was lead counsel for client Frederick’s of Hollywood in its merger with Movie Star, Inc. The multifaceted transaction included a $20 million rights offering and a one-for-two reverse stock split, resulting in a combined company now called Frederick’s of Hollywood Group, Inc. that trades on the American Stock Exchange under the new symbol […]
JMBM handled corporate, tax and financing issues for EZ Lube and its shareholders in a complex recapitalization to fund expansion. The transaction involved selling a significant portion of EZ Lube’s owners’ equity position to the affiliate of a New York-based buyout firm, plus a $105 million refinancing of the company with an investment fund and […]
In the U.S. Tax Court and Ninth Circuit Court of Appeals, JMBM successfully represented the two California founders of a women’s apparel business against the IRS. The IRS attempted to disallow our clients’ deduction of business losses from their charter jet operation, saying that the business was not being run with the intent of making […]
In one case, where JMBM’s attorney prevailed on a motion for summary judgment, our client was the only defendant removed from litigation prior to trial. The plaintiff appealed the judgment in favor of our client, and the matter proceeded to trial. The plaintiff prevailed at trial, obtaining a monetary judgment against the remaining defendants. Our […]
After more than a decade of highly publicized litigation, JMBM client, (the estate of) E. Pierce Marshall, prevailed over claims made by the estate of Anna Nicole Smith. Smith attempted to obtain half of the fortune of J. Howard Marshall, although nearly all his assets were left to his son, Pierce Marshall. After years of […]