California Fortune 100 Company Pays Fried & Bonder Client

Fried & Bonder is once again pleased to have helped  clients reach an outstanding result.  Our clients are software developers who developed an innovative medical product and sold their business to a Fortune 100 company.  After taking possession of the product and selling it, but prior to making the promised final payments, the Fortune 100 company terminated the agreement and refused to pay our clients.

Fried & Bonder lawyers rapidly filed suit in California to enforce the agreement.  The Fortune 100 company alleged a lengthy counterclaim designed to delay resolution of the case and discourage our clients.  Despite facing two of the most well respected large law firms in the U.S., Fried & Bonder filed a series of aggressive motions, including service of a Rule 11 motion for sanctions.

Although the details are confidential, Fried & Bonder was able to settle this matter on terms very favorable to our clients.