This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
June 21, 2013 /PRNewswire/ -- The U.S. District Court for the Southern District of
New York yesterday ruled in favor of Manatt, Phelps & Phillips, LLP, client
Alan Casden in a multimillion-dollar breach of contract case brought by Madeleine LLC, a subsidiary of Cerberus Partners.
"The decision to dismiss all of Madeleine's complaints is extremely gratifying," said Manatt partner
Robert H. Platt, lead counsel for
Alan Casden. "Madeleine's claims were meritless, and Mr. Casden is happy to put this matter to rest."
Madeleine sued to collect approximately
$12 million that was alleged to be owed under the terms of a promissory note given in 2002 as part of a much broader series of real estate transactions totaling nearly
$1 billion. Mr. Casden denied that he owed any money pursuant to the terms of the note.
The case, initially filed in
March 2012, went to two-day bench trial in late
April 2013 and was tried before U.S. District Court Judge
Katherine B. Forrest.
"This case stemmed from a complex series of transactions and negotiations, and we're pleased that Judge Forrest carefully reviewed all of the background details and ultimately ruled in favor of our client," said Manatt New York litigation partner
Kenneth D. Friedman, a member of the trial team.
In addition to Platt and Friedman, the bicoastal Manatt team included partner
Michael R. Gordon and associate
Amy Terry Sheehan, both of the firm's
New York office.
About Manatt, Phelps & Phillips, LLPManatt, Phelps & Phillips, LLP, is one of the nation's leading law firms, with offices strategically located in
San Francisco and
New York (
New York City and
Washington, D.C. The firm represents a sophisticated client base — including Fortune 500, middle-market and emerging companies — across a range of practice areas and industry sectors. For more information, visit
CONTACT:Lawrence Martinez, (310) 231-5443Manatt, Phelps & Phillips, LLP
SOURCE Manatt, Phelps & Phillips, LLP