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. Predeceased by his father Karl. Not much is known about Nantz's early life or the beginning of his career, but he was a very skilled US Marine. Catherina Gores is only 24 years old, but shes already an experienced real estate investor. Tel: 323.930.2588. It is our mission to support Los Angeles in the endeavor to become one of the most dynamic global cities of the 21st century. By continuing to use our site, you consent to the placement of cookies on your browser and agree to the terms of our Privacy Policy. 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. For the purposes of a demurrer, these allegations of damages are sufficient. (, 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. Also known as: Michael Gore, Michael Gore Gore, Michael P Gore. Research. "All of it is felt most keenly by the world's most disadvantaged people," Gore said during the . 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. (Complaint 33.) 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. Laurence Darmiento covers wealth and dealmakers in Southern California for the Los Angeles Times. ), 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. 9-10. Paradigm Talent Agency Location 8942 Wilshire Blvd, Beverly Hills, California, 90211, United States Description Industry Management Consulting Business Services Lindsay owns the following phone numbers: (818) 762-4460 (Pacific Bell), (818) 442-7015. A declaratory relief request may proceed only if there is an actual controversy between the parties. Forest Lawn Memorial-Parks & Mortuaries- Hollywood Hills FD 904 . ), Section 7 of the Letter Agreement provides that Individual Defendants are permitted to disclose the Track Record and solicit investors in any funds managed or sponsored by Gores Group and its affiliates in connection with fund raising activities or otherwise provided that Individual Defendants agree any marketing materials referencing the Track Record or Gores Group must be reviewed and approved by Gores Group prior to dissemination and that Individual Defendants will coordinate with Gores Group regarding their solicitation of New Fund Commitments from investors in any funds managed or sponsored by Gores Group. If you need to know who lives in your neighborhood, visit Radaris.com and enter your address. ), 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. Specifically, Plaintiffs allegations that, in exchange for consideration provided by Plaintiffs, the Letter Agreement obligated Individual Defendants to, among other things, ensure that certain terms would occur, misquotes the Letter Agreement, which does not assign Individual Defendants with the obligation of ensuring said terms in exchange for consideration. VS WESTERN AIR CHARTER INC., A CALIFORNIA CORPORATION. 2023 Dirt.com, LLC. However, as to Gallant, there is no adequate remedy at law, and the cause of action is sufficiently alleged. Breach of the Covenant of Good Faith and Fair Dealing (2nd COA), To plead a breach of an implied covenant of good faith and fair dealing, Plaintiffs must allege a (1) specific implied contractual obligation; (2) a breach of that obligation; and (3) resultant damage to Plaintiffs. (Cross-Complaint 59-61.) Ch. 2003). ), 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. michael gores los angeles. (Notice of Demurrer, pg. On April 20, 2021, the Court overruled Cross-Complainants demurrer as to the 2nd cause of action, overruled Gallants demurrer to the 4th and 5th causes of action, sustained Individual Defendants demurrer to the 4th and 5th causes of action without leave, and sustained Cross-Complainants demurrer to the 1st, 3rd, and 6th causes of action with leave to amend. (Complaint 84.) ), Breach of Contract (1st COA) Individual Defendants, To state a breach of contract claim, Plaintiffs must demonstrate (1) the existence of the contract; (2) the breach of an obligation imposed by that contract; (3) and resultant damage to the plaintiff. Search for birth, death, marriage, divorce, US Census, and military records. (Complaint 70-74.). (Demurrer, pg. Given the Letter Agreement provides that Individual Cross-Complainants would have sole discretion with respect to raising, investing, and operating the New Fund, it appears AEGs investment would have been secured by consideration to be provided by Individual Cross-Complainants in the form of granting membership rights in the fund, and Gallant was accordingly donated any investment in the New Fund by AEG, together with profits. Quantum Meruit (4th COA) By Gores Group against All Defendants, 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 J Gores, Eugene OR - PT (Physical therapy), Needles High School, Needles, California (Ca), Prior Lake High School, Prior Lake, Minnesota (Mn), FAQ: Learn more about our top result for Michael Gores. 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. Public records for Michael Gores range in age from 30 years old to 73 years old. For more information governing use of our site, please review our Terms of Service. the undercover economist chapter summary. (Cross-Complaint 26.) Cancellation and Refund Policy, Privacy Policy, and Based on the foregoing, Cross-Defendants demurrer to Cross-Complainants 1st cause of action is overruled. This year, San Francisco became the first county in the nation to offer free phone calls when it negotiated a contract with another telecom for a fixed rate per line. Plaintiffs do not allege AEG committed its Commitment. 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. Based on the foregoing, Defendants demurrer to Plaintiffs 3rd cause of action is sustained with leave to amend. 8.) Possible relatives for Michael Gores include Jaime Staupe, Cathy Gores, Jaime Mckenzie and several others. (Letter Agreement 2(a).) Uncover Michael's photos, videos, and more , Personal details for Michael may include . (Letter Agreement 5(b), (c), (d). (Himawan v. Cephalon, Inc., 2018 WL 6822708, at *8 (Del. ), On August 31, 2020, Plaintiffs filed their complaint in the instant action alleging causes of action for breach of contract (against Gimbel and Guagliano (collectively, Individual Defendants)), breach of covenant of good faith and fair dealing (against Individual Defendants), fraud false promise (against Individual Defendants), quantum meruit (by Gores Group against all Defendants), unjust enrichment (by Gores Group against all Defendants), and declaratory relief (against Individual Defendants). Mr. Cross-Complainants allege AEGs failure to provide the $10 million anchor investment obstructed Cross-Complainants from realizing the benefits of such an investment including attracting prospective investors in future rounds, not spending time and resources in securing investments from others, and likely resulting in Gores Group investors investing in the New Fund. By Michael Reagan |. We have marriage records for 7 people named Michael Gores. Search Details, 2) Social Media Profiles & More NBA team owner Tom Gores stepped down from the board of the Los Angeles County Museum of Art on Thursday night after calls for the billionaire's ouster over his investment firm's ownership of. The well-maintained, if slightly dated bathroom is finished in a greenish granite paired with white cabinetry. 360 North Crescent Drive North Building Beverly Hills, CA 90210 Tel: 310-288-8000 PARADIGM AGENCY. Plaintiffs failed to allege sufficient facts to constitute their fraud cause of action. Moreover, Plaintiffs have not sufficiently alleged fraud with requisite factual specificity. Catherina Gores is only 24 years old, but she's already an experienced real estate investor. [3] Gores expanding his agency through acquisitions and mergers. Ch. (Complaint 29.) Disclaimer: Reference to these media outlets or TV shows should not be construed to imply an endorsement or sponsorship of Spokeo or its products. For the purposes of a demurrer, Cross-Complainants alleged sufficient facts to support the cause of action. Plaintiffs allege they were entitled to information about other limited partners and, To state a breach of contract claim, Plaintiffs must demonstrate (1) the existence of the contract; (2) the breach of an obligation imposed by that contract; (3) and resultant damage to the plaintiff. Click to reveal (Vichi v. Koninklijke Philips Elecs., N.V., 85 A.3d 725, 773 (Del. NBA players protested police shootings of Black Americans and rallied around the resurgent Black Lives Matter movement. Resides in Los Angeles, CA . However, as to Gallant, there is no adequate remedy at law, and the cause of action is sufficiently alleged. 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. As such, Plaintiffs have not alleged facts suggesting any alleged promises relating to making AEG an investor in the new fund were false at the time they were made, considering such promises were dependent on AEG committing its $10 million investment. (Opposition, pg. You may occasionally receive promotional content from the Los Angeles Times. (Cross-Complaint 5.) (Southern Track & Pump, Inc. v. Terex Corp., 623 F. Supp. 2014). Do Not Sell or Share My Personal Information. 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). The presence or absence of records for any individual is not a guarantee of any kind. (adsbygoogle = window.adsbygoogle || []).push({}); Candelario is another player with some very recent success under his belt, as he hit .278/.356/.458 (125 wRC+) over 832 PA in 2020-21. Buyer Catherina Gores. David Michael Gores (License No. (Complaint 52.) Michael Jocson Bustos May 8, 1961 - November 29, 2022 Los Angeles, California | Age 61. (Cross-Complaint 59-62. Gores was born in Nazareth, Israel in 1954 and raised by his parents alongside his two brothers and three sisters. 1, 4-6.) Associated persons: Ofer Ackerman, Jila Ahdot, Ethan Wyatt Akerman, Ofer Akerman, Ofer I Akerman, Harriet Altman Search Details, View Michael's Profiles on Facebook and 60+ Networks, michael****@gmail, View Michael's Profiles on Facebook and 60+ Networks, michael****@yahoo, View Michael's Profiles on Facebook and 60+ Networks, michael****@hotmail, View Michael's Profiles on Facebook and 60+ Networks, michael****@aol, View Michael's Profiles on Facebook and 60+ Networks, michael****@outlook. Looking for Michael Gore in Los Angeles, California? OpenPayrolls Toggle navigation. To plead a breach of an implied covenant of good faith and fair dealing, Plaintiffs must allege a (1) specific implied contractual obligation; (2) a breach of that obligation; and (3) resultant damage to Plaintiffs. Plaintiffs allege Individual Defendants proposed Plaintiffs agree to relinquish benefits promised to AEG under the Letter Agreement and instead agree to accept carried interest capped at $10 million, which Plaintiffs refused. charleston style house plans for narrow lots. 3.01.00vd4930, Presumed owner of the real estate located at, Also known as: Michael Gore, Michael Gore Gore, Michael P Gore. The case status is Pending - Other Pending. Wentworth, Inc., 2014 WL 4639217, at *19 (Del. Results for this person or the person you are looking for are not guaranteed to appear in search results. You can find arrest records for Michael Gores in our background checks if they exist. She is a graduate of the University of . 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. (Complaint 44. Michael Gores We found 13 records for Michael Gores in MN, FL and 5 other states. However, these allegations are the basis for Plaintiffs breach of contract cause of action, and as such, the fraud cause of action appears duplicative of the breach of contract. (Cross-Complaint 4, 32-34.) A wooden staircase spills out to the beach below. (Complaint 30.) Map Los Angeles as it appeared in 1871. 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, Based on the foregoing, Defendants demurrer to Plaintiffs 1, To plead a breach of an implied covenant of good faith and fair dealing, Plaintiffs must allege a (1) specific implied contractual obligation; (2) a breach of that obligation; and (3) resultant damage to Plaintiffs. A declaratory relief request may proceed only if there is an actual controversy between the parties. Disclaimer: PeekYou is not a consumer reporting agency per the Fair Credit Reporting Act. Select the best result to find their address, phone number, relatives, and public records. ), 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. Michael Gore Overview Michael Gore in 2020 was employed in Los Angeles Unified and had a reported pay of $41,020 according to public records. ), 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. NBA team owner Tom Gores stepped down from the board of the Los Angeles County Museum of Art on Thursday night after calls for the billionaire's ouster over his investment firm's ownership of a prison telephone company. The letter to LACMA Director Michael Govan and the boards two co-chairs was accompanied by a petition signed by more than 100 artists that later grew to include donors, as well as artists such as Monica Majoli, John Houck and Sam Durant, who have exhibited at the museum. Get our latest stories in the feed of your favorite networks. (Letter Agreement 4, 5(a).) Plaintiffs allege their counsel responded with comments to the documents, but for several weeks received no response, and only when following up, Individual Defendants informed counsel they would address his comments in the first quarter of 2019 when they expected their next closing to occur and refused to address the comments claiming they were too busy. Le Cercle (The Ring) est un film d'horreur amricain ralis par Gore Verbinski, sorti en 2002.Il s'agit d'un remake de Ring, un film japonais de Hideo Nakata, sorti en 1998.Deux suites ont vu le jour, Le Cercle 2 sorti en 2005 et Le Cercle : Rings sorti en 2017. He studied acting at the American Academy of Dramatic Arts in New York City, and in 1977 he took a job at The Gage Group, a talent agency headed by well-known industry player Martin Gage. (Opposition, pg. [18] Gores serves on the Board of Directors for the Geffen Playhouse,[19] is an active participant in Conservation International,[18][20] and is involved in Hand in Hand: Center for Jewish Arab Education in Israel. We have 1 additional emails on file for Michael. Specs 4,959 square feet, 4 bedrooms, 6 bathrooms. 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. He joined the paper in 2015 as an assistant business editor and has overseen finance, real estate and Washington business coverage. Gores Parties demur on the grounds that Cross-Complainants fail to allege facts sufficient to constitute the causes of action. 801 S FIGUEROA ST STE 600, LOS ANGELES, CA 90017. ), 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.