Arkin Solbakken LLP represents a founder of a motorcycle company in connection with a lawsuit against one of its co-founders claiming the right to buy back his stock pursuant to a purported stock repurchase agreement. Lisa C. Solbakken commented on the lawsuit to media outlets across the country, announcing that Arkin Solbakken LLP’s client “has rejected the company’s claim and plans to countersue.” Solbakken further advised that the purported stock agreement is “the product of a fraudulent scheme to dilute [Arkin Solbakken’s] client’s interest in the company.” The following is a selection of articles with quotes from Solbakken, with links […]
After a hearing on the merits before the American Arbitration Association, Arkin Solbakken LLP prevailed on each one of its client’s legal claims against the fund with which its client was formerly affiliated, leading to an award of both management fees and carry. The counterclaims against Arkin Solbakken LLP’s client were dismissed.
On October 24, 2013, Lisa C. Solbakken was a panelist at a forum addressing transitions in the financial services industry. The panel was part of a CLE program presented by the New York City Bar Association.
Arkin Solbakken LLP recently obtained summary judgment in favor of its client in a multi-million dollar breach of contract case. In related enforcement proceedings, Arkin Solbakken LLP uncovered an elaborate scheme to dissipate assets to frustrate payment of this judgment leading to a favorable settlement.
Stanley S. Arkin was recognized as a Super Lawyer in the 2013 Super Lawyers Magazine. Super Lawyers is a rating service of outstanding lawyers who have attained a high-degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research, peer nominations and peer evaluations. This is the eighth year in a row that Arkin received this recognition.
On October 10, 2013, Stanley S. Arkin commented in The Wall Street Journal in connection with Arkin Solbakken LLP’s representation of a client who is closing a broker-dealer unit at her firm and starting a hedge fund. The full article can be viewed here.