In the News

$31-Million Fraud Case

California Federal Bank committed fraud after their subsidiary California Communities Inc. failing to fully pay approximately half of their initial loan to Weyerhaeuser Mortgage Company. CalFed wrote letters at the time of the loan agreeing to back the subsidiary's financial integrity and also pro provided financial documentation that was misleading.

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Stockpiling Secrets

The Court found that an employee of mortage company WMC shared tricks of the trade with a competitor and that WMC’s planned merger failed because of that breach of fiduciary duty.

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Orange County Business Attorneys

If you are an entrepreneur, a small-business owner or a growth-focused business manager, access to a talented attorney can help you capitalize on key opportunities and avoid potential costly pitfalls. Since many of the business and operational decisions you make today can impact the likelihood of your company's success tomorrow, it is important to have a legal counselor on your side who can provide insightful strategic guidance and effective problem-solving know-how.

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The law firm of Mark V. Asdourian, a Professional Law Corporation is located in Newport Beach, California specializes in all aspects of Business & Commercial Litigation, Small Business Employment Practices and Real Estate Law.