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Investor "S" v. Managing Member "P"

Case Conclusion Date: 10.27.2010

Practice Area: Partnership

Outcome: Favorable Settlement at Mediation

Description: I successfully represented a seasoned real estate professional who was an employee of a developer and investor in several of the devloper's data center and hotel projects. Investor alleged that the managing member abused his position to defraud investor of approximately $5,000,000. Developer countered by saying that investor didnt properly meet capital calls and other obligations. After much hard-fought litigation, the matter was settled at mediation. During the course of the battle, my client recovered approximately $4,500,000.00, which was a fantastic outcome as the developer had taken a hard-line position claiming that the client actually owed him over $5,000,000.00.

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