Commercial, Litigation, Investigations
The firm represented a prominent Silicon Valley company in a debt collection action in Santa Cruz County against a subsidiary and guarantor of company’s former largest distributor. The Santa Cruz case was one of many pending worldwide between the parties. In the Santa Cruz case, the distributor filed numerous counterclaims, including breach of contract, defamation and misappropriation of trade secrets. Within one year of service of the company’s complaint, the parties entered into a confidential settlement that included a stipulated judgment for $86 million in the company’s favor.