Company terminates contract: Breach of contract: Incomplete payment: Verdict

Law Reporter, Jun 2001

DinoMar Inc. v. Newport Connection, Cal., Orange County Super. Ct., No. 812126, Nov. 3, 2000.

DinoMar entered into a management contract with The Newport Connection and another company, both owned by the Goldmans. Under the contract, DinoMar was to provide consulting services to the companies over two years or until the companies were sold in return for $300,000. Approximately a year and a half later, the Goldmans terminated the contract and refused to pay DinoMar the $100,000 still owed under the contract.

DinoMar sued The Newport Connection and the Goldmans, alleging breach of contract. Plaintiff claimed defendants terminated the management contract so that plaintiff could not benefit from the proceeds of an impending sale of the companies.

A jury awarded plaintiff $106,000. After the verdict, the court issued a bench ruling that pierced the corporate veil and allowed the Goldmans to be personally liable for the award.

Plaintiffs Counsel

A.J. Glassman, Woodland Hills, Cal.