$2.5 MILLION IN DAMAGES SOUGHT…SETTLEMENT FOR $115,000.00 DEBT CREDIT

Our client, a prominent metro-Detroit business owner, was sued by his business partner for Member Oppression, Breach of Operating Agreement, and Breach of Management Agreement — allegations which he denied. His business partner sought damages in excess of $2.5 million dollars.

After the second day of trial, his business partner waived the proverbial white flag. The parties ended up settling for $115,000.00 off a debt owed to our client. This resulted in a win for our client worth more than $2.5 million dollars.