News & Press Releases
In Case of First Impression, Cummings & Lockwood Client Wins $4.5 Million Trial Judgment in Complex Assignment of Debt ActionMay 2015
The case raised complex questions of whether or not the promissory note at issue was governed by Article 3 of the Uniform Commercial Code. The defendants argued that because the note was lost by the purchaser’s predecessor-in-interest, the purchaser could not recover pursuant to Article 3-309.
C&L recently obtained trial damages of $5,783,028.00 in a derivative lawsuit brought by two investors on behalf of a hedge fund partnership. Over the course of two weeks, the case was tried to a judge sitting on the Complex Litigation Docket for the Superior Court for the State of Connecticut.
Best Lawyers® is based on an exhaustive peer-review survey, which includes over 79,000 leading attorneys eligible to vote.
Fairfield County Business Journal and more than a dozen business organizations and chambers of commerce organized a competition to select 40 business executives who have demonstrated extraordinary leadership qualities, an ongoing commitment to personal and professional development and outstanding professional accomplishments.