Commercial Litigation
Stephens Friedland LLP is comprised of a team of highly experienced and talented attorneys who have worked at some of the world’s most prestigious law firms. We advocate our client’s interests aggressively in virtually every type of business-related controversy. Our attorneys provide our clients superior legal services on a timely, effective and cost-efficient basis. Our attorneys have been published on topics relevant to the disputes we handle, and speak on panels at legal education and professional-development seminars.
Our attorneys have experience across a broad spectrum of commercial disputes, spanning numerous industries and issues. Recent cases have focused on such areas of law as negligence, partnership disputes, alter ego, breach of contract, breach of fiduciary duty, business torts, fraud, joint venture disputes, accountings, shareholder disputes, trade secrets, licensing, unfair competition and the Uniform Commercial Code.
Select Experience:
- Negotiated a $10 million dollar claim down to $40,000 in defense of a leading cellular service provider in an agency dispute alleging under payment of commissions.
- Successfully defended claims and prosecuted cross-claims arising from a failed joint venture to develop and operate a multi-million dollar restaurant and bar.
- Prosecuted claims for misappropriation of trade secrets and unfair competition by a national provider of laboratory services against one of its competitors.
- Prosecuted actions on behalf of a leading premium finance lender that resulted in settlements and judgments in excess of $15 million.
- Represented Fortune 50 client who was sued in federal diversity action for fraud, breach of contract, rescission and various other claims arising from client’s sale of subsidiary business. Successful summary judgment efforts reduced the client’s exposure from over $100 million to approximately $6 million.
- Successfully prosecuted claim on behalf of major commercial/government contractor against sellers of security software/hardware business and achieved $2.5 million settlement after month-long arbitration.
- Successfully resolved claims for negligence, indemnity, and breach of contract brought by multi-national corporation where the amount at issue exceeded $4.5 million.
- Defended client unjustly accused of committing various torts by one of the world’s largest insurance companies. After some preliminary motion practice and one deposition, we persuaded the plaintiff to dismiss the case voluntarily without the payment of any money by our client.
- Our client, one of three shareholders, was squeezed out by the other two shareholders. We negotiated a substantial buy-out of our client’s interest in the corporation without any need for a costly lawsuit or valuation. The client was also allowed to enter into a competing business.
- Our client purchased a business and later learned that its chief product was defective. After a three-week arbitration, our client obtained a seven-digit settlement.
- Our client sold his business to a large, public corporation. The buyer breached the obligation to make post-sale payments. After extensive discovery and motion practice, our client obtained a seven-digit settlement.