For the purposes of a demurrer, Cross-Complainants alleged sufficient facts to state a cause of action for breach of contract. This is a testament to that fact that the greater arts community will not accept anything less than full transparency and accountability from our institutions. There was no resolution of the issue, but in a letter a Platinum spokesman said was emailed Thursday night, Gores wrote to Govan and the trustees that the firm had no idea the investment would become a nexus for addressing the political, social, racial and economic issues roiling America today., The letter said the firm was committed to the reforms but was fighting entrenched opposition from critics on one side who think were moving too far and too fast, and on the other side who think were not moving far enough or fast enough., Paraphrasing a salient question at last weeks board meeting: Okay Tom, we appreciate your efforts to take the hill and reform Securus. As for whether breach was sufficiently alleged, Cross-Complainants allegations that, pursuant to Letter Agreement, AEG agreed to commit $10 million to the New Fund; however, AEG did not commit this investment, in breach of the agreement. She thanked trustees who supported activists in the matter. (Complaint 44. Michael Kors Store | BEVERLY CENTER in Los Angeles, CA Plaintiffs do not allege AEG committed its Commitment. Inside, the open floorplan includes a sizable kitchen with a butcher-block countertopped island and high-end appliances. Lot Size 7,074 square feet. Paradigm Talent Agency Location 8942 Wilshire Blvd, Beverly Hills, California, 90211, United States Description Industry Management Consulting Business Services Jessica Simmons, a Los Angeles artist and former LACMA research assistant who started the petition drive to oust Gores from the museums board, said she was thrilled that board members recognized the severity of the issue as well as their complicity in it.. ), Plaintiffs declaratory relief cause of action is based on allegations a controversy exists between Plaintiffs and Individual Defendants regarding their respective rights and obligations under the Letter Agreement, specifically, Plaintiffs claim they are entitled to invest in the New Fund entitling AEG to receive membership interests and percentages of carried interest while Individual Defendants deny these claims and contend AEG does not have a right to invest in the fund. Individual Defendants alleged breach of the agreement is based on the fact AEG did not make its $10 million commitment to the New Fund, and as such, it was never granted the rights and privileges appurtenant thereto. Moreover, Plaintiffs have not sufficiently alleged fraud with requisite factual specificity. (Opposition, pg. 12.) Cross-Defendants argue the implied covenant claim accordingly fails because it is based on a breach of terms that the parties specifically negotiated. After several years at The Gage Group, Gores left to open his own agency, SGA Representation,[1][3] and began to expand his business over time by acquiring other agencies. Results for this person or the person you are looking for are not guaranteed to appear in search results. Catherina Gores is only 24 years old, but shes already an experienced real estate investor. In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. ), Section 9 of the Letter Agreement provides, in pertinent part, for a general release as follows: (1) Individual Defendants release the Gores Group from any and all actions arising out of or relating to Individual Defendants employment with the Gores Group or their separation from the Gores Group and the release includes and excludes certain types of claims; and (2) Individual Defendants agree that the consideration set forth in Paragraphs 6 [Compensation and Vesting] and 7 [Restrictive Covenants] constitutes the entire consideration provided under this agreement and Individual Defendants will not seek from Gores Group any further compensation or other consideration for any claimed obligation in connection with the matters encompassed by the Letter Agreement. Lindsay owns the following phone numbers: (818) 762-4460 (Pacific Bell), (818) 442-7015. Contact info: mnutting@gores.com Find more info on AllPeople about Michael Nutting and The Gores Group, LLC, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. Prior to Diversis, Michael spent several years working in a variety of corporate finance roles in private equity and M&A. Michael graduated from Loyola Marymount University with dual majors in finance and . First, the cause of action is based on promises Individual Defendants allegedly made in the Letter Agreement with respect to promising Plaintiffs that AEG would be included as an investor in the Gallant New Fund. (Cross-Complaint 2.) ), Plaintiffs 2nd cause of action is based on the following allegations: (1) Individual Defendants breached the implied covenant of good faith and fair dealing of the Letter Agreement by preventing AEG from finalizing the investment in the New Fund as contemplated by the Letter Agreement by refusing to finalize underlying necessary documents and purporting to require new and/or different terms to proceed; (2) as a result, Plaintiffs have been damaged. You may occasionally receive promotional content from the Los Angeles Times. Plaintiffs also argue their fraud cause of action is based on additional specific facts distinct from the breach of contract, namely, Individual Defendants representations in May 2020 relating to the pessimistic outlook for the fund to dissuade Plaintiffs from finalizing their investment as well as the walk away deal. Plaintiffs allege Individual Defendants failed to provide them with information necessary to finalize AEGs investment that is routinely provided to investors including the funds portfolio, other limited partners (investors), and marketing materials. Une mystrieuse cassette vido serait porteuse d'une trange maldiction . Alec Gores is the Founder, Chairman and Chief Executive Officer of The Gores Group, a global investment firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. Find more info on AllPeople about Michael Adkins and The Gores Group, LLC, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. A declaratory relief request may proceed only if there is an actual controversy between the parties. 2.550(A)(3), 6/22/2022: Minute Order - MINUTE ORDER (JOINT EX PARTE APPLICATION OF PLAINTIFFS/CROSS-DEFENDANTS, TH), 3/10/2022: Minute Order - MINUTE ORDER (JOINT EX PARTE APPLICATION OF PLAINTIFFS/CROSS-DEFENDANTS, TH), 3/23/2022: Minute Order - MINUTE ORDER (NUNC PRO TUNC ORDER), 3/23/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (NUNC PRO TUNC ORDER) OF 03/23/2022, 11/19/2021: Opposition - OPPOSITION CROSS-COMPLAINANTS' OPPOSITION TO CROSS-DEFENDANTS' DEMURRER, 11/29/2021: Reply - REPLY IN SUPPORT OF DEMURRER, 12/6/2021: Minute Order - MINUTE ORDER (DEMURRER OF CROSS-DEFENDANTS, THE GORES GROUP, LLC AND AEG HO), 1/4/2022: Stipulation and Order - STIPULATION AND ORDER STIPULATION REGARDING POST-MEDIATION STATUS CONFERENCE; PROPOSED ORDER, 1/4/2022: Minute Order - MINUTE ORDER (COURT ORDER), 1/4/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER) OF 01/04/2022, 1/27/2022: Minute Order - MINUTE ORDER (POST-MEDIATION STATUS CONFERENCE), Hearing04/17/2023 at 10:00 AM in Department 71 at 111 North Hill Street, Los Angeles, CA 90012; Jury Trial, Hearing03/30/2023 at 10:00 AM in Department 71 at 111 North Hill Street, Los Angeles, CA 90012; Final Status Conference, Hearing12/15/2022 at 08:30 AM in Department 71 at 111 North Hill Street, Los Angeles, CA 90012; Post-Mediation Status Conference, Docketat 10:00 AM in Department 71; Jury Trial - Not Held - Advanced and Continued - by Court, Docketat 10:00 AM in Department 71; Final Status Conference - Not Held - Advanced and Continued - by Court, Docketat 08:30 AM in Department 71; Post-Mediation Status Conference - Not Held - Advanced and Continued - by Court, Docketat 08:30 AM in Department 71, Monica Bachner, Presiding; Hearing on Ex Parte Application ( to Continue Summary Judgment and Trial Dates) - Held - Motion Granted, DocketMinute Order ( (Joint Ex Parte Application of Plaintiffs/Cross-Defendants, Th)); Filed by Clerk, Docketat 11:00 AM in Department 71, Monica Bachner, Presiding; Informal Discovery Conference (IDC) - Held, DocketJoint Ex Parte Application to Continue Summary Judgment and Trial Dates; Filed by Jon Gimbel (Defendant); Anthony Guagliano (Defendant); Gallant Capital Partners, LLC (Defendant), DocketStipulation - No Order (to Extend Time to Respond to Complaint); Filed by Jon Gimbel (Defendant); Anthony Guagliano (Defendant); Gallant Capital Partners, LLC (Defendant), DocketNotice (of Case Management Conference); Filed by The Gores Group, LLC (Plaintiff); AEG Holdings, LLC (Plaintiff), DocketProof of Personal Service; Filed by The Gores Group, LLC (Plaintiff); AEG Holdings, LLC (Plaintiff), DocketNotice of Case Management Conference; Filed by Clerk, DocketCivil Case Cover Sheet; Filed by The Gores Group, LLC (Plaintiff); AEG Holdings, LLC (Plaintiff), DocketComplaint; Filed by The Gores Group, LLC (Plaintiff); AEG Holdings, LLC (Plaintiff), DocketSummons (on Complaint); Filed by The Gores Group, LLC (Plaintiff); AEG Holdings, LLC (Plaintiff), DocketNotice of Case Assignment - Unlimited Civil Case; Filed by Clerk, Case Number: *******3078 Hearing Date: December 6, 2021 Dept: 71. Michael Gore - Cable Harness Engineer - LinkedIn Gores Group failed to allege sufficient facts to constitute a quantum meruit cause of action against the Individual Defendants since the underlying injury and the parties relationship is controlled by a contract, the Letter Agreement, and the parties do not dispute the existence or enforceability of that contract. NAME PHONE . Michael Gores - Address & Phone Number | Whitepages Gores was born in Nazareth, Israel in 1954 and raised by his parents alongside his two brothers and three sisters. Defendants argue an implied covenant, cannot be invoked where the contract itself expressly covers the subject at issue, and here, the reasonable best efforts clause covers Individual Defendants alleged conduct. Rather, the Letter Agreement provides that the parties agree that certain events involving AEGs ownership, partnership, and/or Management Company role in the fund will occur, as consideration for the agreements contained herein and for committing and not defaulting upon the Commitment. As such, the provisions Plaintiffs allege Individual Defendants failed to follow through on were in exchange for both the parties agreements (arguably including Plaintiffs agreement to allow Individual Defendants to use Gores Groups Track Record, contacts, and goodwill) and AEGs committing and not defaulting upon the Commitment, its $10 million investment. 2021-11-15, California Supreme Court | Other | (Notice of Demurrer, pg. All mentioned corporate names and trademarks are the property of their respective owners. El asesor que se le asignar tendr una comunicacin directa desde el principio hasta el final de su gestin y entrega.La persona asignada para el proceso de Apostilla en los distintos Ministerios, Cmaras, Colegios y Organismo Oficiales que requiera, con ms de 20 aos de experiencia Contamos tambin con traductores Jurados reconocidos por el Ministerio de Asuntos Exteriores, Nuestro personal est altamente cualificado. (Complaint 84.) T he US actor and director said he was . Possible relatives for Michael Gores include Jaime Staupe, Cathy Gores, Jaime Mckenzie and several others. ), Cross-Complainants allege Individual Cross-Complainants tried to get AEG to fulfill its obligation under the agreement by providing drafts of the limited partnership agreement and investment documents for Cross-Defendants review and signature in September 2018, weeks prior to the close of the first fundraising round, and after Cross-Defendants failed to meaningfully respond (only that they were reviewing the documents), the New Funds first close occurred on October 15, 2018 without AEGs anchor investment. David Michael Gores has real estate license number 01502471 which was issued by California Real Estate Department on 26 May, 2017. The bid ultimately proved unsuccessful, but Tom Gores, Mr. Lopez, and the Platinum transaction team were the catalysts that brought GM, the US Treasury's Auto Task Force, and Delphi management to execute definitive agreements on June 1, 2009. However, this argument does not address or resolve the failure to allege a promise by Defendants. The jet carrying Euna Lee and Laura Ling, reporters for Al Gore's San Francisco-based Current TV, and Clinton arrived at Burbank's Bob Hope Airport at dawn. Interior Michael S. Smith. Nuestro personal est altamente cualificado. The Court notes the complaint summarizes Individual Defendants alleged obligations in exchange for consideration provided by Plaintiffs; however, the Court relies on the terms of the Letter Agreement itself, which control over Plaintiffs characterization of the terms. March 2, 2023 3:19 PM PT. The Gores Group, Llc, Et Al. Vs Jon Gimbel, Et Al. (Cross-Complaint 26.) That Dave Roberts batting order is plugged into the Lineup Analysis Tool (LAT) using Musings . (, Gores Group failed to allege sufficient facts to constitute a quantum meruit cause of action against the Individual Defendants since the underlying injury and the parties relationship is controlled by a contract, the Letter Agreement, and the parties do not dispute the existence or enforceability of that contract. Personal Profiles for Lindsay B Gores from Los Angeles, CA and Lindsay Gores from Beverly Hills, CA, and two other persons with the same name, their addresses, phone numbers, emails. For much of the past year,. 2018-09-26, Los Angeles County Superior Courts | Contract | Cross-Defendants also argue the pleading fails to allege facts showing Cross-Defendants breached any term of the Letter Agreement given the allegations show Cross-Defendants used their best efforts. When not serving in his role as Chairman and CEO of Platinum Equity, Mr. Gores is on either a soccer field or a basketball court coaching youth teams, applying the same principles of hard work and inspiration that he does to his business. Sam Gores (born 1954) is the chairman of Paradigm Talent Agency in Beverly Hills, California[1] and has been ranked among the top agents in Hollywood. The Gores Group - The Gores Group We are a global investment firm focused on partnering with differentiated businesses that can benefit from our extensive industry knowledge and decades long experience OUR HISTORY 30 years of experience investing in, growing, and operating differentiated businesses Read More About Our History OUR APPROACH Considering that the terms in Sections 4 and 5 that entitle AEG to ownership and payment, which Plaintiffs allege Individual Defendants breached, all depend on AEG committing and not defaulting upon [its] Commitment, and given AEG never made its Commitment, Plaintiffs have not alleged an obligation Individual Defendants breached. Michael B Jordan was praised for his journey "from man to god" as he was honoured with a star on the Hollywood Walk Of Fame. Tel: 323.930.2588. Michael Gore Cable Harness Engineer at NASA Jet Propulsion Laboratory Pasadena, California, United States 414 connections Join to connect NASA Jet Propulsion Laboratory Penn State University. Send us a tip using our anonymous form. Licensed real estate professionals / entities are also commonly referred to as real estate agents or Realtors. LOS ANGELES, CA 90024, United States, Los Angeles, California (310) 209-3010 support@gores.com Michael B Jordan's journey 'from man to god' hailed at Walk of Fame by Michael Bastasch. ), Section 9 of the Letter Agreement provides, in pertinent part, for a general release as follows: (1) Individual Defendants release the Gores Group from any and all actions arising out of or relating to Individual Defendants employment with the Gores Group or their separation from the Gores Group and the release includes and excludes certain types of claims; and (2) Individual Defendants agree that the consideration set forth in Paragraphs 6 [Compensation and Vesting] and 7 [Restrictive Covenants] constitutes the entire consideration provided under this agreement and Individual Defendants will not seek from Gores Group any further compensation or other consideration for any claimed obligation in connection with the matters encompassed by the Letter Agreement. A New York native, he is an alumnus of Cornell University. The Letter agreement contains additional terms relating to the Management Companys income, operating costs, and budget. Cross-Complainants breach contract cause of action is based on the following allegations: (1) pursuant to the Letter Agreement, AEG agreed to invest $10 million as an anchor investment in the New Fund, which Cross-Defendants promised to use best efforts to provide; (2) Gallant is an intended third party beneficiary of the Letter Agreement because it was formed for the purpose of raising the New Fund and, as such, profits made on investments in the New Fund are realized by Gallant as the management company of the funds; (3) Cross-Defendants breached the Agreement by failing to provide an anchor investment in the New Fund; (4) Cross-Complainants have been damaged as a result because they were not able to realize benefits from the anchor investment, including attracting other potential investors and accordingly forced Cross-Complainants to spend time soliciting investments from other investors. On the list provided, filter through the entries with similar ages to find the person you are looking for. As the eldest of Tom Gores three children, Catherina hails from one of L.A.s richest families. Entertainers & Celebrity Homes | Dirt Real Estate 2.550(A)(3), Minute Order - MINUTE ORDER (JOINT EX PARTE APPLICATION OF PLAINTIFFS/CROSS-DEFENDANTS, TH), Minute Order - MINUTE ORDER (NUNC PRO TUNC ORDER), Certificate of Mailing for - CERTIFICATE OF MAILING FOR (NUNC PRO TUNC ORDER) OF 03/23/2022, Opposition - OPPOSITION CROSS-COMPLAINANTS' OPPOSITION TO CROSS-DEFENDANTS' DEMURRER, Minute Order - MINUTE ORDER (DEMURRER OF CROSS-DEFENDANTS, THE GORES GROUP, LLC AND AEG HO), Stipulation and Order - STIPULATION AND ORDER STIPULATION REGARDING POST-MEDIATION STATUS CONFERENCE; PROPOSED ORDER, Minute Order - MINUTE ORDER (COURT ORDER), Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER) OF 01/04/2022, Minute Order - MINUTE ORDER (POST-MEDIATION STATUS CONFERENCE), Cases involving other agreements or torts not classified elsewhere, 190, 1190, 2190, 3190, 4190, 4194, 5190, 5196. We cannot guarantee the accuracy, correctness and/or timeliness of the data. David Michael Gores is a real estate salesperson in La Verne, California with license number 01502471. The parties also agreed Gallant would not, without Gores Groups prior review and approval, employ any persons employed by AEG during the two-year period following the execution of the Letter Agreement. Starting as early as the 1960s and hitting their prime in the '80s, these movies feature gore galore, are often heavy with humor and produced now-iconic villains like Freddy Kruger, Jason . The causes of action all arise out of Individual Defendants alleged breach of an agreement entered into between Plaintiffs and Individual Defendants memorialized in a January 30, 2018 letter agreement (Letter Agreement). (Complaint 90.). michael gores los angeles - justripschicken.com Plaintiffs allege that in exchange, Gores was to receive substantial economic interest in the fund beyond what is generally given to a passive investor, including that Gores would own part of the funds general partner and receive a percentage of any carried interest (money distributed to those managing the funds after the investors received their return on investment). Prior Lake, MN Salt Lake City, UT Shakopee, MN Hanover, MD Dallas, TX, Martin Gores, James Gores, Jeanne Gores, Nicole Rosga, Tiffany Gores, Dave Gores, Mary Gores, Mark Gores, Toni Gores, Forest Lake, MN Cottage Grove, MN Saint Paul, MN, Gladys Gores, Jene Gores, Mark Gores, Frances Gores, Joseph Gores, Eugene Gores, Theresa Grohsman, Kelli Gores, Linda Gores, Bernice Gores, Elizabeth Gores, Melvin Gores, Pauline Barret, Waconia, MN Montgomery, MN New Prague, MN Shakopee, MN Saint Paul, MN Mankato, MN, Joseph Gores, Joe Gores, Suzanne Gores, Laura Gores, Susie Gores, Livermore, CO Colorado Springs, CO Lucerne Valley, CA Ash Fork, AZ, Cottage Grove, MN Saint Paul, MN Bettendorf, IA Norwell, MA, Eugene Gores, Kathryn Gores, Joseph Gores, Jene Gores, Frances Gores, Mark Gores, Gladys Gores, Theresa Grohsman, Susan Gores, West Hollywood, CA Los Angeles, CA Sherman Oaks, CA North Hollywood, CA Sierra Madre, CA, Lindsay Gores, Leslie Gores, Alison Gores, Samir Sores, Master Black Belt - Lean Six Sigma - Certified, Bachelors, Bachelor of Science, Chemical Engineering, 840 Robbie Vw, Colorado Springs, CO 80920, 8126 Jeffery Ave S, Cottage Grove, MN 55016, 7429 Hidden Valley Trl S, Cottage Grove, MN 55016, 227 Mount Everest Dr, Livermore, CO 80536, 4429 Fox Hunt Ct NE, Prior Lake, MN 55372, 1902 Southpointe Ter, Saint Paul, MN 55122, 315 Sierra Woods Dr, Sierra Madre, CA 91024, 12710 Myrick Rd, Colorado Springs, CO 80908, 15545 Red Oaks Rd SE, Prior Lake, MN 55372, 7429 Hidden Valley Trl, Cottage Grove, MN 55016, 8787 Shoreham Dr #403, Los Angeles, CA 90069, Global Supply Chain Leader in 3M Health Care, Global Supply Chain Manager in 3M Health Care. Based on the foregoing, Cross-Defendants demurrer to the 2nd cause of action is overruled. Specifically, Cross-Defendants cite to allegations that demonstrate, even without the $10 million investment, Cross-Complainants were in a better position at the close of the fund than they expected to be by exceeding their $300 million investment target by $78 million, and as such, Cross-Complainants cannot allege facts suggesting any breach by Cross-Defendant caused them damages. (Letter Agreement 9(a)-(e). ), In the Letter Agreement, the parties agreed to the following: (1) Individual Defendants agreed to form Gallant to market and seek to raise a new private equity fund (the New Fund) to pursue investments in the lower middle market; (2) AEG agreed to serve as an anchor investor in the New Fund and agreed it would commit capital in an amount equal to $10 million but not to exceed 5% of all commitments to the New Fund (Commitment); and (3) Individual Defendants and other members of the Team, (defined as Individual Defendants, two Vice Presidents, two Associates, and one business development professional) agreed to collectively commit at least $1 million to the New Fund. (Cross-Complaint 59-61.) Cross-Complainants allege the Letter Agreement memorialized both the agreement that AEG would contribute a $10 million anchor investment in exchange for membership in the New Fund and its successor funds as well as the separate bargain relating to releases and restrictive covenants which prohibited Individual Cross-Complainants from soliciting employees of AEG or its affiliates for two years and required Individual Cross-Complainants to release Gores Group from any claims they may have against it, and in exchange, Gores Group agreed to pay Individual Cross-Complainants their earned bonuses and allowed for carveouts in the restrictions/covenants. ), Plaintiffs fraud cause of action is based on the following allegations: (1) on January 30, 2018, Individual Defendants promised Gores Group they would include AEG as an investor in their New Fund under the terms set forth in the Letter Agreement; (2) for two years following the execution of the Letter Agreement, specifically in late 2018, March 2019, June 2019, July 2019, November 2019, and April 2020, Individual Defendants continued to represent to Plaintiffs they intended to finalize AEGs Commitment and to include AEG as an investor in Defendants fund; (3) Individual Defendants made excuses for their delay in finalizing the Commitment; (4) Individual Defendants knew these promises were material and false, specifically, that they had no intention of including AEG as an investor in the fund; (5) in January 2020 after reaping the benefits of the Letter Agreement, Individual Defendants told Gores in an in-person meeting they did not intend to have him invest in the fund and thereafter they ended fundraising efforts without including AEG as an investor; (6) Individual Defendants made their false promises to induce Gores Group to pay them bonuses, to allow their interest in certain Gores Group funds to continue to vest, to cause Gores Group to refrain from starting its own competing fund and to allow them to continue to use the Track Record to solicit investors; (7) Plaintiffs relied on Individual Defendants promises to their detriment since Plaintiffs would not have paid them bonuses, allowed their interests in Gores Group funds to continue vesting, or allow them to use the Track Record but for the promises and would have started a competing fund of their own; and (8) Plaintiffs were damaged as a result.