Lim Ruger News Archive

2009

Lim Ruger Wins $45 Million Jury Verdict For Ponzi Scheme

March 30, 2009 - A Los Angeles Superior Court jury awarded over $45 million to Lim Ruger's client against real estate developer Charles Yi for fraud and breach of fiduciary duty.

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A CEO On Why She Relies On Lim Ruger

March 15, 2009 - Interview with Joanne Kim, CEO of Wilshire State Bank

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John Lim To Head Asian Pacific American Legal Center

February 28, 2009 - Lim Ruger managing partner John Lim has been elected chairman of the board of directors of the Asian Pacific American Legal Center. Lim has served on the board for over 15 years. Lim Ruger is a strong supporter of the noted civil rights organization.

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Richard Kim - Practices Law And Lives His Life By Balancing Risks And Rewards

February 23, 2009 - You wouldn't ordinarily think that a soft-spoken Yale/Berkeley educated corporate/tax partner would be yearning for adventure and its attendant risk, but then you would be mistaken.

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Yvonne Ballesteros - Passionate And Effective Advocate

February 22, 2009 - Yvonne Ballesteros enjoys being a spokesperson and an advocate. As the eldest child in an immigrant family, she took on the role of being her family's representative at an early age. Today, she continues to relish the role of being a champion for people and causes as an attorney at Lim Ruger.

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Four Lim Ruger Super Lawyers

February 21, 2009 - For the fourth year in a row, four Lim Ruger partners were chosen as Super Lawyers.

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Lim Ruger Closes A $78.3 Million Dollar Purchase Of A Major Shopping Center

February 12, 2009 – Lim Ruger successfully closed a $78.3 million purchase of a major shopping center in Chino Hills. Lim Ruger client CRCH, LLC ("CRCH") purchased Crossroads Marketplace, a 264,000 square foot shopping center with prominent tenants such as Best Buy, Bed, Bath & Beyond, Steinmart, Pet Smart, Sports Chalet and CVS Pharmacy. The purchase and sale agreement provided for CRCH to assume the seller's $63 million loan. The lender took advantage of the liquidity crisis by imposing more than $2 million in new financial conditions, but Lim Ruger lawyers carefully structured the loan assumption through a series of amendments and collateral agreements to allocate almost all of these costs to the seller, thus producing a highly favorable outcome for CRCH.

Lim Ruger Stops Broadcast Piracy

Wins injunction on behalf of Korea's two largest television networks

February 12, 2009 – Representing the American subsidiary of Korean Broadcasting System and MBC, LIM RUGER litigators stopped defendant MyTV from intercepting and retransmitting their clients' broadcasts. Bryan King Sheldon, George Busu and Julie Kwun won a broad preliminary injunction barring defendant MyTV from retransmitting any of these clients' programs.

On January 20, 2009, Judge John F. Walter of the United States District Court, Central District of California, issued the antipiracy order. Defendants aggressively opposed the injunction, which was obtained after expedited discovery and several rounds of briefing. LIM RUGER has wide experience handling intellectual property matters and obtaining provisional remedies.

2008

Lim Ruger And The Japanese American Bar Association Of Southern California Congratulate Judge Jon Takasugi And Holly Fujie

December 11, 2008 – Lim Ruger and the Japanese American Bar Association of Southern California hosted a reception honoring Judge Jon Takasugi on his appointment to the Superior Court of the County of Los Angeles, and Holly Fujie for being elected President of the California State Bar.

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Lim Ruger Wins Appeal To Overturn Judgment Based On Res Judicata

November 12, 2008 – Lim Ruger won an appeal that will allow the Firm's client, a corporate investor, to proceed with a multi-million dollar claim arising out of the defendants' breach of contract and related torts. While the investor's claim was pending in Los Angeles County Superior Court, the United States filed a civil action in federal court seeking forfeiture of certain assets owned by the defendants, which assets were acquired by the defendants with funds wrongfully taken from the investor.

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Lim Ruger Defeats Class Action Against Hospital

October 28, 2008 - Lim Ruger successfully represented Hollywood Presbyterian Medical Center in a putative class action challenging medical service prices charged to uninsured patients. A patient who received medical services from the hospital filed suit under California's unfair competition law, the Consumer Legal Remedies Action, and various contract and quasi-contract theories.

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New Litigation Associates Join Lim Ruger - Yvonne Ballesteros, John Jones II, Julie Kwun

October 27, 2008 - Three new associates have joined Lim Ruger's Litigation Group, part of the Firm's commitment to excellence, expanded client service, and diversity.

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Lim Ruger Named As Honoree By Apalc (Asian Pacific American Legal Center)

October 21, 2008 - Lim Ruger is recognized by APALC (Asian Pacific American Legal Center) for making special contributions to the organization by providing over $50,000 in pro bono hours, fellowships and financial support. The award is especially highlighted by Lim Ruger's work in winning justice for the Korean War veterans in their case against Oakdale Memorial Park.

Lim Ruger will be honored at the Asian Pacific American Legal Center's 25th Anniversary Dinner on October 21, 2008.

Lim Ruger And Ten Other Top Law Firms Commit $330,000 To California Bar Foundation's Diversity Scholarship Program

October 3, 2008 - Lim Ruger Foundation, a charity arm of Lim, Ruger & Kim, LLP, announced gift of $30,000 to the California Bar Diversity Scholarship Program towards scholarships to incoming California law students who come from communities underrepresented in the California Bar. Lim Ruger and ten other top law firms pledged total of $330,000 over three years.

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Former AT&T Assistant GC Sakamoto Joins Lim Ruger

October 2, 2008 - Sandy L. Sakamoto has joined Lim, Ruger & Kim, LLP as Of Counsel to that 20-lawyer law firm, focusing on real estate and business transactions.

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THE RECORDER

February 4th, 2008

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DAILY JOURNAL - January 23, 2008

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2007

LRK Foundation Announces Its 2007 Scholarship Recipients

LRK Foundation is pleased to announce the recipient of its $2,500 scholarship: Ms. Alma L. David of University of San Francisco School of Law, Class of 2008. Presentation was made at the annual National Asian Pacific American Bar Association (NAPABA) Convention in Las Vegas, Nevada on November 17, 2007.

LRK Foundation is pleased to announce the recipient of its $2,000 scholarship: Ms. Jennifer Tsao of Gould School of Law, University of Southern California, Class of 2008. Presentation was made at the annual Korean American Bar Association (KABA) Installation Dinner on May 4, 2007.

LRK Co-sponsors Charitable Giving Seminar- Richard D. Kim Speaks On Panel

Lim, Ruger and Kim, LLP is co-sponsoring the "Private Foundations: Benefits and Rewards" seminar focusing on charitable giving. Richard D. Kim (link to profile) will sit on the symposium panel to discuss legal and tax considerations for forming and operating a private foundation.

Event is to be held on November 16, 2007, 10AM-12:30PM at the Aroma Wilshire Center located at 3680 Wilshire Boulevard in Los Angeles. If you wish to attend, please contact Ellen Chung at 310-231-7766.

Sam Oh Presents "What Every Cpa Should Know About Bankruptcy And Insolvency" To The Korean American Cpa Association

Sam Oh will be speaking to the Korean American CPA Association on bankruptcy features, concepts and issues; pre-bankruptcy planning; and overview of Chapter 7, Chapter 11, Chapter 13, and Chapter 15.

Event is to be held on November 13, 2007 at J.J. Grand Hotel located on 620 South Harvard Blvd., Los Angeles, CA 90005.

LRK Represents Countrywide Employees In Class Action

LRK has partnered with prominent national class action firm Schifferin, Barroway, Topaz & Kessler, LLP to file a nationwide class action complaint against Countrywide Financial on behalf of Countrywide employees who participated in the company's 401k pension plan. The suit, Johnson v. Countrywide CV07-05879, filed in U.S. District Court in Los Angeles, alleges that the company and certain of its officers and directors mismanaged the pension plan by investing too heavily in Countrywide's own stock at times when they knew the stock was overvalued due to the impending meltdown in the prime and sub-prime mortgage markets. LRK litigators Bryan Sheldon and Lisa Yang are handling the matter for LRK, which is local counsel in the case.

John Lim, Richard Ruger, Christopher Kim, And Bruce Iwasaki Honored As Super Lawyers 2007

Transactions partners, John Lim and Richard Ruger, and litigation partners, Christopher Kim and Bruce Iwasaki, have been named Southern California "Super Lawyers" for 2007 by LAW & POLITICS in conjunction with LOS ANGELES MAGAZINE. Congratulations to John, Richard, Chris, and Bruce on their admission to this elite group of lawyers!

Read the SUPER LAWYERS® MAGAZINE article [PDF].

2006

DAILY JOURNAL — April 13th, 2006

Teaching Law Students About The 1992 Riots

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DAILY JOURNAL — February 8th, 2006

Iwasaki Joins Lim Ruger, Gets John Minor Wisdom Award

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