Anthony Ostlund client is awarded $12 million in breach of contract dispute.
Following a ten-day jury trial in July 2021, a Hennepin County jury unanimously awarded our client $12 million on breach of contract and duty of good faith and fair dealing claims.
Anthony Ostlund client Kim Lund is “Prevailing Party” and is awarded $45.2 million in ownership buyout dispute.
Following a five-day trial, Hennepin County District Court Chief Judge Ivy Bernhardson ruled that Kim Lund was the “prevailing party” against her brother, Tres Lund, and various Lund entities, in a lengthy legal battle centered on the value of Kim Lund’s ownership interests and Tres Lund’s exercise of power and control over Kim’s interests. In the court’s 54-page opinion concluding this complex shareholder dispute, the court awarded Kim $45,225,000, which means that the Lund companies must buy Kim Lund out over time for that price. The court also awarded Kim Lund her court costs.
Significant fraud loss insurance claim litigation
Represented a national bank and its holding company in a coverage litigation in Arizona involving a $15 million financial institution bond claim relating to a $26 million fraud loss and successfully resolved the claim.
$73 million recovery
Represented a California business that led to a total recovery of over $73 million for our client in California. The case involved alleged financial self-dealing by the developer of a large residential complex in California.
Breach of contract unanimous jury verdict
Represented a Minnesota businessman in a breach of contract action that resulted in a unanimous $878,000 jury verdict in favor of our client after an eight-day jury trial. The case involved a claim by our client that his partners had breached a contract to work cooperatively to acquire and develop certain property on the North Shore of Lake Superior and that the breach had caused damages.