There are 15 other people named Michael Adkins on AllPeople. (Letter Agreement 7(b). Los Angeles . You can find arrest records for Michael Gores in our background checks if they exist. [1], Amid the Coronavirus outbreak, Gores laid off a large portion of Paradigm's staff, drawing criticism from media and employees. Last October, the EpiPals nonprofit founder paid $6.4 . Plaintiffs allege Individual Defendants also sent a list of issues they claimed would need to be resolved before the documents could be finalized, notwithstanding the funds initial closing was set to occur at the end of 2018. The contact address for David Michael Gores is 2959 Gambrel Gate, La Verne, California, 91750. . (Complaint 33.) Ch. ), Gores Groups quantum meruit cause of action is based on the following allegations: (1) in support of Defendants new fund, Gores Group provided them with (a) use if its Track Record, (b) the right to solicit investors from current Gores Group investors, (c) cash bonuses and continued vesting of interests in Gores Group funds, and (d) Gores Groups reputation and recommendations (collectively, Support); (2) Gores Group provided this support with the expectation Defendants would pay for as much by permitting Gores Groups affiliate, AEG, to invest in Defendants fund and receive substantial economic interest; (3) Gores Group would not have provided Defendants such Support absent a promise to pay for it and the Letter Agreement does not provide any consideration to Gores Group for allowing Defendants to use its Track Record or any of the other support provided if AEG is not permitted to invest in the fund; and (4) Defendants should have known Gores Group expected to be compensated for its services if it did not become an investor in Defendants fund. Michael Gore in Los Angeles, CA. We identified 150 records related to "Michael Gore" in the state of California. (Complaint 31. 8.) Location Malibu Colony, Malibu, Calif. Price $17 million. On 08/31/2020 THE GORES GROUP, LLC filed a Contract - Other Contract lawsuit against JON GIMBEL. T he US actor and director said he was . (Demurrer, pg. 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. Los Angeles, CA 90036. Last year, they were successful in lobbying New York to become the first major city to offer free phone calls in jails after the corrections system negotiated a contract with Securus that got the citys costs down to 3 cents a minute. Michael Gores Found 18 people in Minnesota, California and 13 other states. As such, whether Cross-Defendants otherwise breached the Agreements best efforts provisions is not at issue in determining whether the cause of action was sufficiently alleged. 7-8.) ), Plaintiffs allege that following the outbreak of the COVID-19 pandemic, Individual Defendants sought to resolve outstanding issues to have AEG invest $5 million of the $10 million right away, and accordingly, provided Plaintiffs with due diligence information and agreed to proceed without insisting on the restructuring preclusion term discussed above, and the parties finalized the underlying investment documents. gold label distribution bud man. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Media. Found 150 colleagues at The Gores Group, LLC. (Demurrer, pg. michael gores los angeles. (Complaint 88-89.) LOS ANGELES--(BUSINESS WIRE)--The Gores Group today announced that Unify, formerly Siemens Enterprise Communications, has closed a transaction to sell Enterasys Networks to Extreme Networks, Inc . (Complaint 43.) At the propertys far rear, the brick patio steps up to a secondary wooden deck with ample space for lounging. (, Gores Group failed to allege sufficient facts to constitute an unjust enrichment cause of action against the Individual Defendants since the underlying injury and the parties relationship is controlled by a contract, the Letter Agreement (, Based on the foregoing, the Individual Defendants, A declaratory relief request may proceed only if there is an actual controversy between the parties. Radaris will redirect you to a detailed page with real estate information about properties in the US. The Court notes Plaintiffs cite to allegations demonstrating Individual Defendants intention to not include AEG as an investor, To state a cause of action for quantum meruit, a plaintiff must allege the following: (1) it performed services with the expectation that Defendants would pay for them; and (2) Defendants should have known that plaintiff expected to be paid. Michael Nantz was a United States Marine Staff Sergeant for 20 years. Disclaimer: Reference to these media outlets or TV shows should not be construed to imply an endorsement or sponsorship of Spokeo or its products. 2009) 963 A.2d 746, 770, aff'd (Del. A phone number associated with this person is (651) 458-8142, and we have 5 other possible phone numbers in the same local area codes 651 and 303. (Complaint 30.) Unjust Enrichment (5th COA) By Gores Group against All Defendants, To plead unjust enrichment, a plaintiff must allege (1) an enrichment; (2) an impoverishment; (3) a relation between the enrichment and impoverishment; (4) the absence of justification; and (5) the absence of a remedy provided by law. Lot Size 7,074 square feet. (Complaint 33.) ), Cross-Complainants allege in 2018, AEG, at the direction of Gores Groups CEO and founder Alec Gores (Gores), entered the Letter Agreement in which it agreed serve as an anchor investor in a new fund (New Fund) established by Individual Cross-Complainants through their new firm, Gallant. Michael J Gores Associated Addresses 433 N Camden Dr Ste 600, Beverly Hills, CA 90210 9329 Nightingale Dr, Los Angeles, CA 90069 1145 Sunset Vale Ave, West Hollywood, CA 90069 Michael J Gores Associated Phone Numbers (310) 859-4708 (310) 855-9192 (818) 261-1006 Michael J Gores Associated Email Addresses goresmedia@yahoo.com sdams81@yahoo.com smorgon family office. (Letter Agreement 7(a).) (Southern Track & Pump, Inc. v. Terex Corp., 623 F. Supp. (Complaint 33.) Opinion: How has American healthcare gone so wrong? A (Letter Agreement).) Baskin-Robbins adds a hint of waffle, and voila, Federal Reserve officials sound warnings about higher rates, White House cyber plan would hold software companies liable for attacks, Silvergate warns of more losses, viability of its business after crypto crisis, Justice Dept. @media(max-width: 499px) { .ad_mobile { display:inline-block; min-width: 300px; width:100%; min-height: 100px; } } 2009).) 2010). (Cross-Complaint 4, 32-34.) 2009) 976 A.2d 170. Last year, they tried to persuade public pension funds to not invest in Platinums latest buyout fund, yet the firm raised its biggest fund yet. Here, the Letter Agreement provides AEG is to commit its Commitment to the New Fund and Plaintiffs allege Individual Defendants engaged in conduct that stalled AEGs efforts and prevented it from investing. Payroll Year: 2018: Employer/Source: Los Angeles Unified : Employer Type: School: Job Title: Substitute Teacher : School: Los Angeles Unified: Michael Gores's phone number is (651) 458-8142. October 9, 2020. Check resumes and CV, places of employment, social media profiles, photos and videos, skilled experts, work history, public records, arrest records and business records 8787 Shoreham Dr #403, West Hollywood, CA 90069. Laurence Darmiento covers wealth and dealmakers in Southern California for the Los Angeles Times. ), 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. As such, in the event AEG was not in fact obligated to commit its investment before the first close or final close, Cross-Complainants have sufficiently pled a claim based upon Cross-Defendants alleged obstruction of the investment. ), Gores Groups unjust enrichment claim is based on the same allegations as its quantum meruit claim; specifically, Gores Group alleges Defendants have been enriched by Gores Groups Support which was invaluable because it enabled Defendants to start their fund and Gores Group provided such Support with the expectation AEG would be able to participate in the fund as an investor. (Complaint 44. The Benefit started with tours of The Colich Track & Field Center before attendees participated in jumping, running, hurdling and throwing stations under the watchful eyes of the coaching staff . 1, 2-4.) Cross-Complainants allege Delaware law applies to the terms and interpretation of the Letter Agreement which specifically states it shall be governed and construed in accordance with the laws of Delaware. The company said last month that it had brought the average cost of a call to under 15 cents per minute and renegotiated 58 contracts that had rates that previously exceeded national averages, lowering them in some cases by 60% or more. [1] It later acquired New York-based Little Big Man, adding Coldplay and The Fray. Gallants Standing as an Intended Third-Party Beneficiary to the Letter Agreement (1. As such, it is also not clear that Plaintiffs have alleged a misrepresentation, given the Letter Agreement does not include a promise by Individual Defendants to Plaintiffs to, In opposition, Plaintiffs argue the fraud claims allege particularized facts separate and distinct from the breach of contract allegations to infer Defendants had no intentions of performing the promise at the time it was made. ), Cross-Complainants allege they negotiated in good faith with Cross-Defendants to salvage a deal for the next year and a half but whenever the parties were at the point of finalizing the agreement, Cross-Defendants would not follow through. (Letter Agreement, pg. We hope it sends him the clearest sign yet that people are done with the excuses. On July 27, 2020, Gallant published a press release indicating its fund had closed and had raised $378 million. 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. By Michael Reagan |. Case Details Parties Documents Dockets 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 . ), Section 6 of the Letter Agreement addresses 2017 Compensation and Vesting and provides as follows: (1) Gimbel will receive from Gores Group a $600,000 cash bonus payment, 50% of which shall be paid in Gores Groups next pay cycle following execution of the agreement and the remaining 50% shall be paid on December 31, 2018, subject to Paragraph 6(c); (2) Guagliano will receive from Gores Group a $300,000 cash bonus payment to be paid in the next pay cycle following execution of the agreement and an additional $300,000 payment upon the closing of the sale of Imagines PNO business to Belden pursuant to a definitive agreement executed on or before March 31, 2018 and subject to Paragraph 6(c); and (3) if either of the Individual Defendants breach provisions of Paragraphs 7(a) [materially], 7(b), or 8, or is otherwise not responsive to the reasonable requests of Gores Group with respect to the transition period, Gores Group shall be entitled to all remedies available to it including but not limited to revocation of accelerated vesting, claw backs of previous cash bonus payments, and/or termination of obligation to pay remaining cash bonuses.
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