Friedman, Dazzio, Zulanas & Bowling space Friedman, Dazzio, Zulanas & BOWLING, P.C. BIRMINGHAM OFFICE 3800 CORPORATE WOODS DRIVE, BIRMINGHAM, ALABAMA 35242 P 205-278-7000  F 205-278-7001 Friedman, Dazzio, Zulanas & BOWLING, P.C. MONTGOMERY OFFICE 401 MADISON AVENUE, MONTGOMERY, ALABAMA 36104 P 334-387-0529
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Friedman Attorneys Obtain Seven-Figure Arbitration Award on behalf of a Tennessee Corporation

Appearing before the American Arbitration Association in Atlanta, Georgia, Friedman attorneys Jeff Friedman and Joe Kerr obtained a seven-figure award, and a recovery of all attorneys fees and expenses, on behalf of a Tennessee corporation that had sold its business to a Fortune 500 corporation. The dispute concerned conduct following an earn-out/hold-back provision tied to revenue generated in the twelve-month period following the sale of the assets.

Arbitration lasted nearly two weeks and involved more than eighteen witnesses from all over the United States. The outcome of the case was particularly satisfying for Friedman's clients, given the all-or-nothing nature of the claims and counterclaims asserted at arbitration.

While many companies and individuals seem to have a fear of arbitration, particularly in submitting a demand for damages as a claimant, this experience has cemented our belief that outstanding results can be achieved in alternative dispute resolution through hard work and diligence.


Contributing Author:

Jeffrey E. Friedman
Jeffrey E. Friedman, Shareholder
Email Address jfriedman@friedman-lawyers.com
Direct Line 205-278-7010
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Joesph L. Kerr, Jr.
Joesph L. Kerr, Jr.
Email Address jkerr@friedman-lawyers.com
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Direct Line 205-278-7006

 

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