Los Angeles Breach of Contract Attorney | Jeffrey Cowan

$588,000 Judgment for Breach of Contract

A New York finance company lent almost $475,000 to a family business in the Inland Empire region of California. The debtor corporation defaulted on its loans and filed for Chapter 7 bankruptcy. Fortunately, the lender had required all of the family members who owned the business to personally guarantee the debts.

The finance company hired Los Angeles business trial lawyer Jeffrey Cowan of the Cowan Law Firm in Santa Monica, California to try to recover its money. Working with fellow trial lawyer and friend Mark Kassabian (of Buehler & Kassabian, LLP in Pasadena), Jeffrey Cowan sued the debtor family members in January 2009 in the Riverside County Superior Court for breach of contract.

Promptly thereafter, Jeffrey Cowan sought and obtained (1) a temporary restraining order freezing the defendants’ assets and thereafter (2) a pre-judgment writ of attachment. Jeffrey also propounded substantial discovery. Shortly thereafter, the defendants fired their lawyer and agreed to stipulate to having judgment entered against them for the full amount owed plus all pre-judgment interest and attorneys fees - for a total of about $588,000.

Judgment enforced by Cowan Law Firm requires payments to be made

Of course, a judgment has value only if it can be enforced. After Jeffrey Cowan noticed a judgment debtor exam of the principal operative’s mother-in-law, the judgment debtors began making payments on the judgment.


Call (310) 394-1420

9301 Wilshire Blvd, Suite 609

Beverly Hills, California 90210

Employment Attorney  • Business Trial Lawyer

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The Cowan Law Firm

The Cowan Law Firm

Phone: (310) 394-1420

Fax:  (310) 394-1430

Email: info@cowan-law.com


Two Locations

BEVERLY HILLS

9301 Wilshire Blvd.

Suite 609

Beverly Hills, CA 90210


SANTA MONICA

2425 Olympic Blvd, Suite 4000 W

Santa Monica CA 90404




Our Firm continues operations remotely

due to the impact of COVID-19.