Bird Marella Obtains Substantial Settlement for California Bank in Multimillion-Dollar Commercial Loan Dispute

Bird Marella attorneys Ekwan Rhow, Elliot Harvey Schatmeier and Kate Shin obtained a substantial recovery for their client, a publicly-traded California-based bank, in a complex, fraudulent transfer dispute. The dispute arose after several of the bank’s former customers failed to repay a $9 million commercial loan. Rhow and his team were brought in as trial counsel to recover the outstanding amounts and ultimately achieved a substantial settlement for the Bank on the eve of trial. Prior to Bird Marella’s representation, the defendants had refused to engage in any meaningful settlement discussions.