Calif. Appeals Court OKs Fraud Suit Against Katten Muchin
An appeals court has given an inventor’s estate the green light to sue Katten Muchin for conspiracy to commit fraud and a host of other claims. The panel said the evidence was “minimally adequate” to proceed, reversing the trial court’s findings. The case arose from a falling-out between a small company’s two shareholders. After the founding shareholder’s death, his heirs assert, the other shareholder conspired with Katten Muchin attorneys to acquire for just $5,000 company assets worth $8 million to $12 million.
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