Litigation
May 28, 2011
Bankruptcy Yields $112.5 million Payout on $350 million Verdict
A venture capitalist who won a hefty $350 million judgment over a business deal gone bad has agreed to settle for $112.5 million plus any money left over from the sale of the defendant's online credit card business.
Daily Journal Staff Writer
A venture capitalist who won a hefty $350 million judgment over a business deal gone bad has agreed to settle for $112.5 million plus any money left over from the sale of the defendant's online credit card business, bankruptcy court documents show.
Douglas Shooker of Auerbach Acquisition Associates Inc. - represented by Jennifer L. Keller and Pierce O'Donnell - won the judgment against credit c...
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