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Sargon Enterprises v. University of Southern California

The California Court of Appeals, 2nd District, reversed a trial court’s decision to exclude lost profits evidence.

Fledgling Business’s Lost Profits Recoverable From Nonprofit Tax-Exempt Entity

The California Court of Appeal, 2nd District, reversed a trial court’s decision to exclude lost profits evidence.

Trustee Charges Directors, Financial Advisors, Others in Failed LBO

In this action, the Chapter 7 bankruptcy trustee brings the complaint against "65 defendants and the entire class of selling stockholders, virtually anyone who had anything to do with the LBO … defendants are the buyer, financing banks, debenture holders, directors, officers, controlling shareholders, financial advisors, lawyers and accountants."

Healthco International v. Hicks, Muse & Co.

At issue are the fiduciary obligations of directors and controlling shareholders, breach of contract, negligence, gross negligence and bad faith.

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