Manatt Phelps Pays $25Million to the Resnicks to End Malicious Prosection Law Suit

In Business Law by FASHIONENTLAW™

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Ouch! This must really hurt. What is the world coming to? *Sigh*

“A recently announced settlement between a big law firm and billionaires had just about everything you could ask for in a lawsuit.

Celebrities? Check. A celebrity who died tragically? Check. Figurines of that celebrity? Check. English royalty? Check. A billionaire couple? Check. A big law firm accused of being too aggressive? Check. A large oil painting portraying said firm’s lawyers being too aggressive? Well, sorry, can’t help you there.

The American Lawyer has a nice writeup of all the details of the wacky case and its settlement, which was announced on Thursday. The bottom line: the law firm Manatt, Phelps & Phillips will pay Stewart and Lynda Resnick (pictured), the billionaire couple behind the POM Wonderful pomegranate drink, $25 million to settle claims that the firm “maliciously prosecuted” a case against an entity the Resnicks used to own. Click here for the LA Times article, also. .  .” ~WSJ has the full story.

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WHAT IS Fashionentlaw™: It is a law blog discussing hot topics in pop culture that arise primarily out of the fashion industry and intersects/ collides with the law. WHAT I DO: My name is Uduak Oduok and I am a California licensed attorney who helps creatives and business owners sleep better at night by protecting their creativity and reputation, securing their rights, and helping them with the monetization of their intellectual assets. WHO I WORK WITH: I have counseled a range of clients from musicians, models, actors, actresses, and designers, to diverse business owners in numerous areas of the law including contracts, business law, fashion and entertainment law, copyright, trademark, and intellectual property law. I bring over two decades of first-hand knowledge and experiences that are as diverse as they are deep in the fashion and entertainment industries (modeling, retail, production, public relations, journalism, and publishing). I am an attorney who “gets it” when it comes to resolving legal issues for the fashion and entertainment industries. INTERESTED IN TALKING TO ME ABOUT LEGAL REPRESENTATION? To arrange a consultation to discuss your case, contact me today at 916-361-6506 or email me directly at (uduak@ebitulawgrp.com). Full bio: Ms. Uduak Bio/ Twitter @uduaklaw

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