Randy Gullickson recently recovered $320,000 for Anthony Ostlund’s client, CHEEE, LLC, a closely-held limited liability company, in an arbitration against one of its owners.
In a prior dispute, the company had paid significant amounts to defend the owner in litigation involving control of the company. Without proper corporate approvals or authorization, the owner had also arranged for the company to make payments to a separate business owned by him for services allegedly provided by him as the company’s Chief Manager. Randy established at the arbitration hearing that the owner violated his fiduciary duties to the company and was obligated to repay the company for both the prior litigation expenses and the unauthorized payments to his separate business. The Arbitrator awarded Anthony Ostlund’s client virtually all of the damages sought and also required the owner to pay the attorneys’ fees and expenses incurred by the firm’s client in the arbitration.