On September 15, 2018, Entertainment and Intellectual Property attorney Heidy Vaquerano will be moderating the panel discussion, “Women at the Intersections of STEM, Culture and Entertainment,” from 11:35 p.m. to 12:00 p.m. PST for an event hosted by the mayor of Los Angeles, Eric Garcetti. This discussion is set to focus on the way that women leaders are using STEM ( science, technology, engineering, and math) to interact with and influence culture, art, and entertainment.
About WiSTEM L.A
The purpose of this initiative is to encourage and facilitate opportunities for women in the tech, science, engineering and math sectors to find jobs and to be fairly and accurately represented in these industries.
Click here to read more about the STEM initiative.
On August 6, Los Angeles partner Chris Heck won an appeal on behalf two of the beneficiaries in a longstanding litigation concerning a $65 million trust. In a 53-page reported opinion, the Second District Court of Appeal upheld Mr. Heck’s 2015 and 2016 trial court victories over another beneficiary who had challenged the trustee’s allocation of the gain on sale and taxes on one of the trust’s major real property assets. Via his appeal, the opposing beneficiary had hoped to recover $4 million from the clients or their sub-trusts. Instead, he will have to pay the clients’ attorney fees and costs for the appeal.
Heidy has over 16 years of experience in both entertainment and intellectual property matters. Her strength lies in providing clients strategic advice to help protect and monetize their intellectual property. Her unique ability to bridge the gap between the entertainment and tech industries has allowed her to represent cutting edge start-ups that use branded content at the core of their product.
Heidy's connection to the tech industry goes beyond legal representation. She is also involved as a board member of various tech non-profits and as an advocate for women in the industry. She explained that she's eager to help female entrepreneurs and founders who are often an underrepresented minority in the tech industry.
Click here to read the full press release.
In the video clip below, Reno partner Chris Mixson discusses the gem of the Sierra: Lake Tahoe. The large freshwater lake in the Sierra Nevada Mountains contains enough water to cover the entire state of California, 14 inches deep. Chris focuses his practice in the area of Environment and Natural Resources litigation, particularly water rights disputes.
Los Angeles partner, Leslie Marks, reached a 4 million dollar settlement for his client, an HOA, in a construction defect case. This case involved various damages, primarily water intrusion, to a building that included 71 condominium units, 4 floors, and 1 subterranean garage. Mr. Marks is a litigation partner at Wolf, Rifkin, Shapiro, Schulman & Rabkin, LLP. He has extensive experience representing community associations, homeowners and commercial owners in prosecuting construction defect claims.
By: Ben Auten, Esq. for Wolf, Rifkin, Shapiro, Schulman & Rabkin, LLP
With the continued steady increase in home prices for both Clark and Washoe counties, the resurgence of creative financing in order to facilitate closing on residential transactions is inevitable. In particular, a seller might hear the term, “wrap-around mortgage” when entertaining an otherwise attractive offer from a prospective buyer that is unable to pursue traditional lending options. A wrap-around mortgage is a loan transaction wherein the lender ultimately takes responsibility for an existing mortgage. Consider as an example, a seller that has a $100,000 loan on his or her home may decide to sell that home to a buyer for $150,000. The buyer pays a down payment, say $10,000, and in that context, buyer borrows the remaining $140,000 under a new loan from the lender. The new loan “wraps around” the existing $100,000 loan since it will become the responsibility of the new lender to stay current on the old loan by making timely payments. There are a financial reasons that can make the wrap-around structure appealing to a lender and generate legitimate interest in this form of financing.Read More
Don Springmeyer and Chris Mixson, leaders of the firm’s Environmental Law litigation practice, recently won a “run-the-table” victory at the U.S. Court of Appeals for the Ninth Circuit in a complex multi-party water rights transfer case involving the Walker River in Nevada: Walker River Opinion. Don and Chris represent the National Fish and Wildlife Foundation in the Foundation’s program to purchase Walker River irrigation water rights and transfer them to in-stream flow.
Michael Schulman, a senior partner practicing Community Association law in the Nevada and California offices, is teaching a class at the Nevada Association of Community Managers Expo in Las Vegas on June 22nd. He will instruct on correctly running the election process for HOA Board positions. The WRSSR HOA team will be exhibiting at the Expo, as well.
The Judge in Las Vegas in charge of the consolidated securities derivative cases involving Wynn Resorts, has appointed Don Springmeyer and the firm as Liaison Counsel for all of the plaintiffs in In Re Wynn Resorts, Ltd. Derivative Litigation, Case A-18-769630-B. The Liaison Counsel is responsible for organizing and coordinating the efforts among the plaintiff pension funds and their various attorneys in the case. Don is headquartered in Las Vegas, and leads all of the firm’s class action and complex litigation matters in Nevada.
Trust and estates attorney, Jana Garrotto, has been elected for office as Secretary-Treasuer by the Los Angeles County Bar Association – Trusts and Estates Section for 2018-2019. This is part of a three year cycle wherein the officer begins as Secretary-Treasurer and ultimately serves as Chair. Prior to this election, Jana has been a member of the executive committee for the LACBA Trusts and Estates section and has served as the editor of the section’s monthly newsletter.
On the eve of what was expected to be a 10-day trial on claims for breach of contract and quantum meruit allegedly worth over $6 million, Los Angeles partner Chris Heck won a motion for judgment on the pleadings for the defendant. The motion, which was based on res judicata, collateral estoppel and statute of limitations, completely disposed of what was likely the last phase of a hotly-contested corporate dissolution proceeding that has lasted nearly 5 years. Mr. Heck, at the head of a team of WRSSR lawyers and local counsel, had already tried an earlier phase and achieved a favorable settlement pending the final decision.
Steven Zidell, a partner in the Los Angeles office, closed two real estate purchases last week, one for $4 million that involved a party wall agreement with the seller and the other for $17 million that involved amending the lease of a tenant who had a right of first refusal.
Prior to joining Wolf, Rifkin, Shapiro, Schulman & Rabkin LLP, Sigall practiced at Collins Collins Muir and Stewart LLP, where he developed and refined his litigation skills in all areas of litigation including: general business, commercial litigation, labor and employment, real estate and professional liability. Sigall finds Wolf, Rifkin, Shapiro, Schulman & Rabkin LLP to be an ideal environment to grow as a litigator and provide clients with quick, creative legal solutions to business and employment litigation issues.
To read full press release click here.
After a five-day bench trial, Los Angeles partner Chris Heck won a $1.85 million judgment for breach of fiduciary duty, breach of contract, fraud and conversion on behalf of a partner and a limited liability company in an action against another partner and member. The case concerned a lease agreement with options to extend for valuable stable and horse property in Malibu, California. Mr. Heck, along with co-counsel, also secured a $625,000 settlement from the counterparty to the lease on the eve of trial.
Leslie Marks, Mark Mizrahi, Mark Rosenbaum, Daniel Shapiro, Max Wellman and Michael Rabkin have been selected as Super Lawyers for the Southern California region. Notably, Max Wellman has been selected as a Rising Star, Daniel Shapiro has been selected for the 10th year, followed by Michael Rabkin, Mark Rosenbaum, Mark Mizrahi, and Leslie Marks who have all been selected for their 5th year.
Chris Heck, a partner in the Los Angeles office, and his team secured a favorable outcome in probate proceeding on behalf of two of the trust beneficiaries against third beneficiary, who was also the former executor of the Estate. Probate Court awarded over $750,000 for two breaches of a prior settlement agreement, including over $240,000 in attorney fees. The case is currently on appeal.