Litigation
May 10, 2012
Herbalife founder's trust beats back $350 million lawsuit
The trustees of a nutrition entrepreneur's vast estate have successfully defended a lawsuit seeking more than $350 million in damages for breach of a contract designed to avoid federal estate taxes.
Daily Journal Staff Writer
LOS ANGELES - Trustees of the estate of a nutrition entrepreneur and multimillionaire have successfully defended a lawsuit seeking more than $350 million in damages for a breach of a contract designed to skirt federal estate taxes.
The jury reached a verdict Thursday in favor of the Trustees of the Estate of Mark Hughes after two days of deliberations and four weeks of trial in the courtroom o...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In