Calif. Appeals Court OKs Fraud Suit Against Katten Muchin

September 8, 2010

An appeals court has given an inventor's estate the green light to sue Katten Muchin for conspiracy to commit fraud and a host of other claims. The panel said the evidence was "minimally adequate" to proceed, reversing the trial court's findings. The case arose from a falling-out between a small company's two shareholders. After the founding shareholder's death, his heirs assert, the other shareholder conspired with Katten Muchin attorneys to acquire for just $5,000 company assets worth $8 million to $12 million.