In recent years, Aiken Schenk has represented business owners and investors in a variety of high-stakes business disputes, including the following:
Asset Mismanagement. In a New Mexico case, Shawn Aiken and Heather Macre achieved a very favorable arbitration award, resolving over $3 million in claims. The dispute arose out of an investment partnership dissolution stemming and mismanagement of business assets by the managing partner.
Investor Dispute. In another arbitration, Joe Schenk and Shawn Aiken obtained a multimillion-dollar award for the managing agent/developer in a dispute contrived by its long-time investment partner.
Business Mismanagement. Phil Rupprecht successfully defended all of the mismanagement claims against an officer/director and then negotiated a very favorable purchase of the disgruntled shareholder’s stock, ending the dispute.
Securities Fraud. The Arizona Court of Appeals remanded for retrial a securities fraud case successfully argued by Joe Schenk and Craig Van Voorhees (since retired) on behalf of plaintiffs who had invested in a business operated by other family members.
Business Divorce. Heather Macre successfully arbitrated discount rates, trade secrets and breach of contract claims for a Tucson-based company, resulting in her client buying out the other owner on very favorable terms.
Shareholder Dispute. Shawn Aiken favorably resolved an ongoing power struggle between two major shareholders of a multimillion-dollar technology company, simultaneously protecting the company’s market-leading intellectual property while preventing judicial dissolution and successfully defending it against allegations of shareholder oppression.
Breach of Fiduciary Duty. Joe Schenk successfully defended an owner of a specialty surgery center against breach of contract and bad faith claims by a fellow owner. After less than 30 minutes of deliberation, the jury reached a unanimous defense verdict for our client and another unanimous verdict on the counterclaim.
Breach of Fiduciary Duty. Phil Rupprecht successfully pursued the rights of a minority owner of a local company who discovered that the other owners (all family members) were running the company for their own benefit.