Major

Major Ghost Gun Manufacturer Agrees to Cease Sales in Maryland and Pay $1.2 Million Settlement

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Baltimore, Maryland has successfully reached a settlement in a lawsuit against the largest maker of “ghost gun” parts, Polymer80. The company has agreed to stop selling their products in Maryland and pay $1.2 million to the city. This victory follows similar successes in D.C. and Los Angeles, where lawsuits have been used to keep ghost guns off the streets. As part of the settlement, Polymer80 is also required to submit regular compliance reports. Federal authorities have identified Polymer80, based in Dayton, Nev., as the leading manufacturer of ghost gun parts, responsible for more than 88 … Read more

Jury Awards Fast Food Operator Over $30 Million in Lawsuit Against Major Popeyes Franchisee

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Dallas, Texas – A Dallas County jury has awarded over $30 million in damages to a fast food operator who claimed he was defrauded by a major Popeyes franchisee. Scott Stockton, a 73-year-old seasoned operator, worked for a subsidiary of Dallas-based Sun Holdings Inc. and owner Guillermo Perales. Stockton managed up to 150 Popeyes restaurants over a 17-year career with the company. The lawsuit, filed in 2019, alleged that Perales asked Stockton to defer his 5% annual profit share in exchange for an interest in the larger company. However, when Stockton retired in 2018, Perales … Read more

Hogan Lovells Strengthens Italy Practice with Major M&A and Finance Team Hire

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Milan and Rome, Italy – International law firm Hogan Lovells has made a major addition to its team in Italy with the hire of a 23-lawyer mergers and acquisitions (M&A) and finance group from Orrick. Led by former managing partner for Europe, Patrizio Messina, this team brings a wealth of experience and expertise in structured finance, debt capital markets, and M&A matters. The group will join Hogan Lovells in Milan and Rome, along with trainees and business services staff, making up a total of more than 30 individuals. Hogan Lovells CEO, Miguel Zaldivar, describes the … Read more

Investors File Lawsuit Against New Mexico Fresh Foods CEO for Mismanagement and Major Losses

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ALBUQUERQUE, N.M. – A lawsuit has been filed against New Mexico Fresh Foods by a group of prominent figures from Santa Fe, including Gail “Peaches” Gilbert, Ed Berman, Ellen Vladem, and Robert Vladem. This lawsuit alleges that investors contributed almost $4 million to the company but ended up losing it all due to the actions and omissions of the defendants. The plaintiffs claim that Kelly Egolf, the CEO of New Mexico Fresh Foods and the wife of former New Mexico House Speaker Brian Egolf, “consistently grossly mismanaged NMFF.” Furthermore, the lawsuit states that Kelly Egolf … Read more