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.

Uduak Oduok (Ms. Uduak) is a Partner and Co-Founder of Ebitu Law Group, P.C. where she handles her firm’s fashion and entertainment law practice areas. Ms. Uduak has litigated a wide variety of cases in California courts. She has also handled a variety of entertainment deals for clients including network television and licensing deals. Her work and contributions to the creative industry has been recognized by numerous organizations including the National Bar Association, and featured in prestigious legal publications in the USA: ABA Journal and The California Lawyer Magazine. She is also the author of Fashionentlaw™ and also has over two decades combined hands on industry experience in the creative industry which includes modeling, retail, fashion production, public relations, digital media, journalism and publishing. For further inquiries or if you are seeking legal representation, please email (uduak@ebitulawgrp.com). You may also follow her on twitter at @uduaklaw

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