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ADLI Cannabis Facilitates $1M Cross-Border CBD Business All-Share Transaction
ADLI’s Cannabis Group (also known as the Vice Group) was successful in representing ADLI Cannabis client, 2Rise Naturals in a $1M cross-border transaction. The deal is an all-share transaction that will result in the health and wellness food company, Gaby Inc., acquiring all issued and outstanding securities of 2Rise Naturals LLC. Additionally, the proposed sale will enhance Gaby’s portfolio…
ADLI Family Law Recovers a $1.25 Million Judgment for Client
The case, spearheaded by Marina Manoukian (ADLI’s Head of Family Law), involved domesticating an out-of-state judgment, to collect $1.33 million owed. The judgment debtor owned a debt-free vacation property that he was attempting to liquidate so that he could avoid paying the assigned judgment. Manoukian was able to freeze the funds by obtaining an ex-parte…
ADLI Law Group Wins Patent infringement Case ––– Jury Awards Plaintiffs Nearly 1 Million Dollars
Plaintiffs Lubby Holdings LLC and Vaporous Technologies Inc. successfully sued Defendant Henry Chung for infringing its personal vaporizer patent regarding anti-leaking technology (Patent No. 9,750,284). On May 9, 2019, after a three-day trial, the jury rendered its unanimous verdict awarding the Plaintiffs $863,936.10 in reasonable royalty damages. ADLI attorney Dr. Dariush Adli was the prevailing trial attorney…