Case Results

Obtained a Settlement After Evidentiary Hearing, Proving that Business Partner Was Using the Business Assets for Personal Use

Two business partners were involved in a dispute over the value of several small grocery stores, that handled a lot of cash.  The managing partner claimed that the stores were losing money, and showed his paystub as having him making only $30,000 per year as an employee.  Before Ian became involved with the case, it had dragged on for 11 years.

The court-appointed forensic accountant believed that the managing partner was cooking the books.

At an evidentiary hearing, Ian was able to get the managing partner to admit that he was paying his personal mortgage, his credit cards, and other personal expenses from the business accounts.  He was also eating his meals at the stores (free of charge).  There were many other questionable personal transactions funneled through the business account.

Ian was able to negotiate a settlement for his client of several hundred thousand dollars, and obtained attorney fee orders against the managing partner.

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Practice area(s): Business

Ian R. Greensides

Ian R. Greensides has been admitted to practice law in California since 2004. Ian has actively successfully defended and prosecuted several cases to trial, including several successful appeals.