Schorr Law’s Los Angeles based litigation practice recently obtained a successful fraud judgment for one of our clients. Parties who secure successful judgments may find, to their frustration, that the losing party has filed bankruptcy as a way to escape the judgment of the court. Yet, debtors who are found liable for non-dischargeable debts, such [...]
Read MoreTenants often sublease the property they are leasing to a subtenant. Generally, the tenant and subtenant enter into a new contract (sublease), and the original lease between the landlord and tenant (master lease) remains intact. When this happens, the relationship between the landlord and tenant is unchanged: they are still in privity of contract (the [...]
Read MoreAs part of our Los Angeles based real estate litigation practice we are seeing an increase in litigation on commercial guarantees. In fact, in the past few months we have had 3 cases arising out of commercial guarantees. Most banks and lending institutions, as a condition for lending money, require business to provide guarantees for [...]
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