Experience

Obtained Defense Verdict in Promissory Note Dispute

Obtained a defense verdict on behalf of client seeking to enforce the terms of a promissory note. After a two-day trial, the trier of fact found that the promissory note was a sham and unenforceable. The defense verdict saved the client over $2.4 million in principal and interest payments. The defense verdict was upheld on appeal to the Appellate Court of Maryland in 2018. Michael Arkin, Trustee of the Michael Arkin Revocable Trust v. Alicia Arkin, et al. Circuit Court for Montgomery County, Maryland (Case No. 398535V) (2015, 2018).

Represented Renewable Energy Company in Breach of Contract

Represented renewable energy company in breach of contract action against defaulted subcontractor.

Negotiated Successful Settlement for a Government Contractor

Successfully negotiated a favorable settlement for our client, a government contractor, in prime contractor/ subcontractor mediation involving business torts and breach of contract.

Defended a CEO against Securities Fraud Claims

Represented a CEO of financial services company in defense of securities fraud claims.  We reached a settlement that was favorable to our client and breach of fiduciary duty was dismissed.

Federal Securities Fraud Litigation – U.S. District Court, District of Delaware

Lead trial counsel in a federal securities claim arising out of a failure to disclose fees due to financial advisers in connection with the purchase of a publicly traded healthcare information management company. The purchaser was required to reimburse undisclosed financial advisors millions of dollars in fees due as a result of the acquisition. Coordinated claims and parties to access predecessor D&O coverage for officers and a director for failure to disclose financial advisors in representations and warranties for transaction. Favorable settlement reached after successful opposition to motions to dismiss and extensive negotiation involving complex D&O coverage issues. (Stanley Black & Decker v. Gulian, et al., USDC, District of Delaware (1:12-cv-01342))