A History of Business Litigation Results
Joel was lead trial counsel representing several related corporations in this shareholder oppression litigation. Plaintiffs’ Complaint alleged shareholder oppression, fraud, breaches of fiduciary duties, usurpation of corporate opportunities and self-dealing. Plaintiffs sought almost $100 million in damages. The Plaintiffs’ case was eviscerated in their cross examinations. At the close of Plaintiffs’ proofs, the case settled. Plaintiffs gave up all damage claims, Joel’s clients waived their right to attorneys’ fees from the Plaintiffs, and the case was dismissed with prejudice.
H. Joel Newman recently defended a prominent Michigan family against a $30,000,000 lawsuit brought by a large bank alleging conversion, conspiracy, fraud, unjust enrichment, alter ego, piercing the corporate veil, and violation of the Michigan Uniform Fraudulent Transfer Act. The bank used at least 7 attorneys from 3 law firms, and paid hundreds of thousands of dollars to the accounting firm of its principal witness. We obtained numerous admissions from this witness in a three day deposition, which completely destroyed the bank's case. Immediately after the deposition, several motions were filed to have the case dismissed. The bank agreed to dismiss the case completely before the hearing on the motions.Our clients walked away free from a potential $30,000,000.00 exposure.
We represented a 1/3 member in an LLC which owned 10 separate entities, each of which operated a franchise restaurant. We filed a 10 Count Complaint against the controlling members in the Oakland County Circuit Court alleging, among other things, member oppression, breach of the operating agreement, breach of fiduciary duties owed to our client as a member, breach of fiduciary duties owed to the LLC, usurpation of LLC opportunities and civil conspiracy. Defendants were represented by a well-known and very aggressive attorney in one of the larger area law firms. Eight months into the lawsuit, Defendants capitulated and agreed to a settlement which included damages and a buy out of our client's interest at more than 10 times the amount of the value claimed by Defendants.View All Commercial Law Services
H. Joel Newman rated a top attorney in Michigan:
- Super Lawyers
H Joel Newman has been top rated Super Lawyer in Michigan for several years.See Super Lawyers Profile
Superb 10 rating for Top Attorney Litigation.See AVVO Rating
Based on a dBusiness poll of 19,000 Michigan attorneys in Wayne, Oakland, Macomb, Washtenaw, and Livingston counties.See dBusiness Rating
Preeminent rating from Martindale-Hubbell. Peer rated for Highest Level of Professional Excellence.See Martindale profile