Security Police and Fire Professionals of America v. Steve Maritas – The case involved numerous breaches of a settlement agreement between Security Police and Fire Professionals of America (“SPFPA”) and Steve Maritas, primarily related to repeated use of SPFPA’s trademarked name and acronym in hundreds of internet posts. Prior to trial, the firm successfully obtained a ruling from the trial court that the agreement was valid and had been breached. As a result, the jury’s role was to determine SPFPA’s damages and attorney’s fees. After a mere 30 minutes of deliberation, the jury awarded every penny in damages requested by YGQ, including nearly $400,000 in attorney’s fees, concluding 2 ½ years of litigation. Thereafter, YGQ successfully preserved this verdict on appeal and obtained injunctive relief against Maritas, precluding him from using SPFPA’s name and trademark in the future.
Business & Shareholder Disputes
Young, Garcia & Quadrozzi is renowned for its success representing entrepreneurs and business owners in “bet-the-company” complex litigation, particularly in high-stakes litigation between shareholders and between businesses. The Firm has represented a broad range of businesses and business owners from publicly-traded companies in matters triggering SEC compliance issues, to representation of minority shareholders in closely-held companies where shareholder oppression and breach of fiduciary duties can be rampant. In either circumstance, the Firm draws upon decades of experience in both distilling the core, often complex, factual and contractual issues into a compelling jury narrative and working with sophisticated economic and damages experts to ensure that the client receives every economic benefit that he/she is entitled to receive.
Publicly Traded Company v. Fortune 100 Manufacturer – The Firm represented the plaintiff company in a complex contract dispute concerning the defendant’s termination of a merger agreement between these publicly traded entities. After a partial 7-week federal jury trial, the Firm secured a $20 million settlement in the plaintiff’s favor. This was the largest reported settlement that year in the State of Michigan.
Minority Shareholders v. Real Estate Conglomerate – The Firm represented minority shareholders in a conglomerate of 100+ real estate construction and development firms. These shareholders were first “locked-out” of participation in the businesses, then subjected to further oppression through the taking (or alleged “purchase”) of their ownership interests at artificially deflated values. After proceedings in State and Federal courts, as well as multi-week arbitration hearings, the Firm secured a substantial 8-figure damages award, in addition to a seven-figure award of attorney’s fees and costs. Thereafter, the Firm successfully argued for affirmation of the award before the Michigan Court of Appeals.
Minority Shareholder v. Majority Shareholders and Manufacturing Co – The Firm represented a minority shareholder who, for 40 years, owned and built a successful manufacturing company with his two partners. The Firm provided pre-litigation advice and guidance to the shareholder in navigating a complex operating agreement, with provisions governing a “buy-out” of his shares. When those negotiations proved unsuccessful, the Firm successfully represented the shareholder in claims for oppression and breach of contract in state court. The matter settled on confidential terms favorable to the shareholder.
Ferris v. Nissho Iwai American Corporation (Japan), et. al. – This case involved a Japanese trading company who defaulted on monies due upon purchasing a leasing company. The Firm represented Plaintiff Ferris. After a week-long jury trial, the Firm obtained an $8+ Million Judgment (including over $1 Million in attorney’s fees). Honigman, Miller, Schwartz and Cohn represented Defendants.
Detroit Center Tool, Inc. v. Classic Design, Inc. – This case involved a dispute over engineering and design work that Classic Design was hired to perform for Detroit Center Tool on robotic assembly lines in numerous automotive plants in North America. The Firm represented Plaintiff Detroit Center Tool. The Oakland County jury awarded the Firm’s client, Detroit Center Tool, a verdict of $9 million, one of the largest awards ever in Oakland County Circuit Court.
Printing Company v. Fortune 200 International Manufacturer – Successfully represented local printing company in breach of contract case against a Fortune 200 international manufacturer. After the Firm presented opening argument and their first witness, the case was settled on the first day of trial.