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Civil Litigation

Apr. 8, 2019

Manatt wins $31M in fraternal car dealers dispute

Manatt, Phelps & Phillips LLP won $31 million in compensatory and punitive damages for their client for breach of fiduciary duty in a case that involved brothers who owned a car dealership.

Manatt wins $31M in fraternal car dealers dispute
Los Angeles County Superior Court Judge Yvette M. Palazuelos

Manatt, Phelps & Phillips LLP won $31 million in compensatory and punitive damages for their client for breach of fiduciary duty in a case that involved brothers who owned a car dealership.

Manatt's client, Leonard Schrage, partial owner of Sage Automotive Group, brought the complaint against his brothers, Joseph and Michael, after they used Sage funds to finance other automotive business ventures without Leonard, according to M...

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