The Firm successfully moved to dismiss a case against a client, who had acted as noteholder representative under a security agreement governing a private equity investment. The client had been sued by a private equity investor for allegedly improperly extending the maturity date of the investor’s note. The Firm filed motion to dismiss the case against our client, a non-resident, for lack of personal jurisdiction. The motion was granted, and the investor did not refile against the client in his home state, relieving him from any liability. The claims against the remaining defendant were later disposed of on summary judgment on many of the grounds set forth in a legal opinion that the Firm had drafted at the time that our client extended the maturity date. Rod Saggese and Michael Battema handled the litigation, while Kevin Walsh and Wyatt Jansen prepared the earlier legal opinion.
Rod Saggese was elected to the Board of Directors of the Silver Shield Association Education Fund (the “SSAEF”). The SSAEF is a 501(c)3 organization that provides post-high school educational financial assistance to the dependent children of the sworn members of the Police Department of the Town of Greenwich.
