Business Litigation Case Results

DISCLAIMER: Please note that every case is different and these verdicts and settlements, while accurate, do not represent what we may obtain for you in your case.

Premises Liability Case

A cafeteria owner in Virginia Beach sold his operation to an individual for cash together with a deferred obligation for the balance. The purchaser sued the owner for fraud and rescission and defaulted on the note. Michael Weisberg, on behalf of the original owner, sued on the note. After a four-day trial the jury found against the purchaser and awarded the original owner the entire balance of the note together with interest and attorney's fees.

Radio Station Settlement

The owners of a radio station in the Outer Banks of North Carolina were sued by much wealthier equity partners. The concern was that the wealthy partners would affect a dissolution resulting in a liquidation sale by the courts. At such a sale the wealthy equity partners would have been in a position to buy all of the assets at bargain prices; and to thereby oust the original owners. Michael Weisberg, on behalf of the original owners, was able to keep the equity partners at bay; and out of the day-to-day operations for such a long period of time that a sale, on very favorable terms, was effected between the parties.

Homeowner Sued

A homeowner was sued for fraud and rescission of a sales contract in Midlothian, Virginia when the artificial lake on the property began losing water. Michael Weisberg, through a series of legal maneuvers, was able to prevail on behalf of the original owners without the necessity of trial.

Overdue Invoices

A New York supplier of precious gems to a local jewelry store in the Tidewater area hired Michael Weisberg to collect on overdue invoices. Judgment was obtained for the total amount of the obligation, but the local store went out of business. Through interrogatories, the owner was discovered to have retained substantial individual assets which were made available to offset the judgment.