Brick Business Law represented a 50% co-owner and international investor of a Tampa nightclub who contributed more than $800,000 to the venture. The other co-owner secretly shut down the business, dissolved the corporation, sold its assets, and kept the proceeds.
Legal Strategy
A federal derivative action was filed by our law firm on behalf of the nightclub, asserting civil theft, breach of fiduciary duty, and related claims. Our legal team navigated complex multi-state and international issues to pursue recovery of the misappropriated funds.
Outcome
After leading an extensive negotiation process involving multiple jurisdictions, Brick Business Law secured a favorable settlement adopted by the court in Florida. The resolution allowed our client to recover funds wrongfully diverted from the company.