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Lloyd Stewart Mann
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Lloyd Mann’s Legal Cases

13 total


  • Pizza Restaurant Chain Investors

    Practice Area:
    Litigation
    Date:
    Sep 04, 2012
    Outcome:
    $1,600,000 judgment, including punitive damages, and our clients now own the disputed restaurant.
    Description:
    Our clients invested a substantial amount of money in a well-known Pizza chain restaurant, but were not represented by an attorney at the time, so the investment was not appropriately documented. The manager of the restaurant, who had solicited our clients, used the absence of documentation to exclude our clients from the business, and did not share profits with them despite the fact that the restaurant was extremely successful. At trial, we obtained a large judgment against the restaurant manager who then put the company in a Chapter 11. We then moved our attention to the bankruptcy court where we were able to remove the manager as owner of the company. Finally, our clients were then able to complete the Chapter 11 by having a Chapter 11 Plan confirmed in court, and are now successfully and happily running the restaurant.
  • Investor Fraud

    Practice Area:
    Consumer Protection
    Outcome:
    Case Settled at Mediation. The law firm settled for virtually the entire amount of the pension losses. The client has since retired.
    Description:
    A 65 year old who did some consulting work for a law firm as a computer specialist became friendly with the financial officer of the law firm who, in turn, offered to manage the computer specialist's pension plan. The financial officer wound up investing the pension-worth almost $1,000,000-in high risk stocks, and when the market collapsed, the pension became almost worthless. The financial manager filed a Chapter 7 bankruptcy. We sued the law firm based upon the theory that the financial officer was an agent for the firm, and we filed a lawsuit against the financial officer in bankruptcy court to prevent his debt to our client from being discharged in bankruptcy.
  • Real Estate Contamination

    Practice Area:
    Real Estate
    Date:
    Nov 29, 2012
    Outcome:
    We settled the case for the entire amount of the damages suffered by our client-in excess of $300,000.
    Description:
    Our client purchased a property for purposes of operating a fast food restaurant on the property. Our client's property was located next door to a gas station. Years after the purchase of the property, our client attempted to sell the property, but the buyer backed out of the transaction because he alleged that the property was contaminated by the gas station next door. As a result, our client wound up having to sell the property to another buyer for about $300,000 less than the deal that collapsed because of the contamination. The gas station denied liability.
  • Escrow Company Negligence

    Practice Area:
    Real Estate
    Date:
    Feb 14, 2011
    Outcome:
    Each defendant contributed to a settlement worth in excess of $650,000.
    Description:
    Our clients were able to refinance their house so that they could use that money to stop the foreclosure of commercial property they owned. The escrow company agent in charge of sending the money to the foreclosure trustee so that the foreclosure-days away-would be stopped, was rushing to get away for a three day vacation, and wound up wiring the funds to the wrong account. The property was sold at a foreclosure sale to a third party. We sued the escrow company, but escrow companies, amazingly, are not required to carry insurance policies for these types of losses. We, therefore, wound up suing other related parties.
  • Real Estate Fraud

    Practice Area:
    Consumer Protection
    Outcome:
    Verdict of $1,800,000 including $600,000 in punitive damages
    Description:
    Two brothers inherited real estate from their father. Included in that real estate was an income producing commercial property. It was agreed that one of the brothers would handle the accounting associated with the commercial property. It turned out that the brother handling the commercial property converted some of the funds from the commercial building, and attempted to hide what he had converted through a second set of books and records. We sued for, among other causes of action, breach of fiduciary duty and fraud.
  • Real Estate Agent Negligence

    Practice Area:
    Real Estate
    Outcome:
    We got the title company to pay for the purchase of the adjacent land so that our client owned his entire backyard, and the real estate agents paid a settlement of $250,000.
    Description:
    Our client purchased a home in the hills of Southern California. When our client retained an architect to create plans to remodel the house, our client was stunned to learn from the architect that a portion of his backyard was actually owned by two different neighbors. The real estate agents claimed that our client should have figured this out on his own before he purchased the house.
  • Foreclosure Fraud

    Practice Area:
    Foreclosure
    Date:
    Feb 02, 2011
    Outcome:
    The defendants agreed to pay in excess of $250,000 to avoid trial.
    Description:
    A third party desperately wanted to own property owned by our clients. Towards that end, he purchased a tax lien on the property, and commenced foreclosure proceedings. She arranged for a third party to bid for the property at the foreclosure sale. We sued both parties based upon a "collusion" theory, and further based upon the allegation that they chilled the bidding process.
  • Fighting Brothers

    Practice Area:
    Mediation
    Date:
    Apr 11, 2011
    Outcome:
    We pushed for a third brother to help us resolve the dispute. One year later, the business is now generating even more revenue than before the lawsuit.
    Description:
    Two brothers owned a jewelry business that generated revenue of over $1,000,000 per month. Then, one brother accused the other brother of not doing his share to run the business. A horrendous fight ensued, as did litigation designed to dissolve the partnership between the brothers. This would have destroyed the business.
  • Mother Sues Son

    Practice Area:
    Lawsuits & Disputes
    Date:
    Aug 08, 2011
    Outcome:
    We wore the mother down. Ultimately, she agreed to settle by letting her son have everything. Mom and son are talking again and she is visiting the grandchildren regularly.
    Description:
    When our client decided to leave his mother's messenger company to start his own messenger company to escape from years of abuse by his mother's husband, most of the major customers of the mother's messenger company followed our client. She was furious and sued our client for millions of dollars.
  • Victim of Sexual Harassment

    Practice Area:
    Employment & Labor
    Date:
    Oct 10, 2011
    Outcome:
    Settled at mediation for $300,000.
    Description:
    Our client, a young woman, wanted to be a stock broker for as long as she could remember. When she finally got her chance, she was subjected to various forms of sexual harassment. She complained, but to no avail.