SLAPP/POOF!: $38,784.50 Fee Award Goes POOF! Upon Reversal Of SLAPP Grant

 

     In Panakosta Partners, LP v. Hammer Lane Management, LLC, Case No. C065812 (3d Dist. Sept. 27, 2011) (certified for publication), minority limited partners were hit with an adverse fee award of $38,784.50 when majority partners SLAPPed them for bringing a petition for buyout (to avoid a judicial dissolution) under Corporations Code section 15908.02. The fee award went POOF! upon the appellate court’s determination that the petition for buyout was not subject to being SLAPPed.

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