St. Louis law Firm BB&D Obtains $2.8 Million Judgment, Including $1.5 Million in Punitive Damages

Blitz, Bargett & Deustch successfully represented three local business investment companies in bringing a successful lawsuit to recover payment on three outstanding business loans. The lawsuit involved proving that Defendants had fraudulently conveyed personal assets to various business accounts and trusts to avoid payment on the loans.  Judgment was entered on October 3, 2014, awarding Plaintiffs $2.8 million dollars on their underlying loans, including punitive damages assessed against Defendants, as well as the invalidation of two of Defendants’ fraudulent trusts.

The Court also awarded BB&D’s clients all of their attorneys’ fees. The judgment found in favor of Plaintiffs on all counts, including a counterclaim brought against Plaintiff for slander of title.

 

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Over the last two decades Blitz, Bardgett and Deutsch has earned a respected reputation in the legal community as a top-flight litigation, real estate and business transactional firm based in St. Louis, Missouri, 120 S. Central Ave., 63105, with offices in Jefferson City and Columbia. BBD’s team of seasoned attorneys and notable up-and-coming associates are also recognized standouts in matters of Employment Law, Regulatory Work, Tax & Estate Planning and Alternative Dispute Resolution.