![]() ![]() Moynahan & Minnella’s Corporate & Commercial Law Practice is renowned for their work. Examples of some of their landmark cases include the following: Major Local Financial Institutionentered into a multi-million dollar corporate restructuring deal. Its terms included a security interest in an annuity contract issued by a Fortune 100 insurance company. The corporate debtor defaulted and the insurance company challenged the client’s secured position, refusing to pay on the annuity. Litigation commenced in Federal Court. Upon completion of trial, our client was awarded $963,596 in damages. The Judgment of the trial court was affirmed on appeal to the United States Court of Appeals.Large Construction Companyhad a fire at its headquarters and storage yard. The client’s sworn proof of loss submitted to its insurance carrier was for $266,000. The insurance company engaged in aggressive delaying tactics and a suit was brought in Federal Court on behalf of the construction company, alleging unfair trade and unfair insurance practices. During discovery, a “smoking gun” e-mail was discovered that opposing counsel said would be disclosed “over his dead body.” The Court ultimately ordered the e-mail produced and the case settled for $695,000 on the eve of trial, thus producing a $329,000 premium over its actual loss for our client.Limited Partner in a New York Stock Exchangetraded limited partnership owning $120,000,000 in assets, sought relief from the limited partnership for breach of fiduciary duty in diverting cash that should have been distributed to the limited partners as dividends. Litigation commenced in Delaware and Texas. As a result, the limited partnership agreed to restructure itself, cease self-dealing, and increase the dividend rate to limited partners.Highly Diversified Fortune 100 Petroleum Companysued in Federal Court by 16 of its former franchisees seeking $35,000,000 in damages. A litigation team of attorneys, CPA’s, and Ph.D. economists was assembled to defend the action. Within a 30 day period, 18 depositions were taken in Connecticut and Los Angeles. A Federal Court jury rendered a defendant’s verdict as to 15 of the plaintiffs, and awarded only nominal damages as to the last.National Soft Drink Bottlersued in Federal Court by several former employees claiming employment discrimination and “whistle blower” status by alleging that the client was distributing and selling tainted products. After focused discovery and a trial on the merits, the jury returned a defendant’s verdict. |
The attorneys practicing in the Firm's Commercial and Corporate Law Practice Area are: |