'Ov}b0. Investment Approach Target Investments Wellspring's objective is to acquire or invest in companies that are well-positioned to capitalize on change and can benefit from Wellspring's operating and financial expertise. The Wellspring court was ruling on a motion to dismiss, and therefore accepted the plaintiffs somewhat barebones and perhaps self serving assertions as true and in the light most favorable to that plaintiff. The Loan Agreements and the First and Second Amendments each contain a choice of law provision, providing that New York law applies. A former employee of Wellspring Capital Management filed a lawsuit in a New York Thursday alleging that the CEO's son, Christopher Dawson, drugged and repeatedly raped her one night in the. Defendant Bernard Ziomek is in default in this matter. at *3 (quoting In re Sharp Int'l Corp., 403 F.3d 43, 53 (2d Cir. Practices: The Court does not have to decide whether Prospect is a preexisting or a subsequent creditor. Under either New York or South Carolina law, the plaintiff's third cause of action for negligent misrepresentation fails to state a claim for which relief can be granted. Marlow v. Oakland Gin Co. (In re The Julien Co.), 128 B.R. The courts analysis of the duty of loyalty claim can be fairly characterized as limited, consisting of four short paragraphs that largely restate or simply quote the complaint. Full title:Ronald J. Friedman, as the trustee for the SportCo Creditors' Liquidation, Court:UNITED STATES BANKRUPTCY COURT DISTRICT OF SOUTH CAROLINA. In this process, SportCo initially exchanged a term sheet with certain of its lenders in early November 2018 and allegedly reached an agreement in principle in late December 2018. Contact:KekstMark Semer or Peter Hill212.521.4800, Cision Distribution 888-776-0942 Law360 provides the intelligence you need to remain an expert and beat the competition. It featured lower-priced clothing and was Gymboree's direct competitor for The Children's Place and Old Navy.. In support of this argument, the plaintiff cites a case from the United States District court for the District of Idaho, which was affirmed by the Ninth Circuit, as well as a case from the United States Bankruptcy Court for the Southern District of Texas, in which the court stated that 544(b) claims are unique "because they exist only to the extent of applicable state law," but then found, "Even so, such claims are not pendant state claims in federal bankruptcy cases, but are federal causes of action rooted in federal bankruptcy law and policy." P. 12(b)(6) provides for dismissal of an action if the complaint "fail[s] to state a claim upon which relief can be granted." After the defendants filed replies, the Court held a hearing on June 18, 2020. The plaintiff's first and second causes of action both assert claims for fraudulent conveyances pursuant to 544(b) and S.C. Code 27-23-10. If our offering sounds like something you would like to discuss, please get in touch on any of our contact details or the form below. Discretionary portfolio management with a difference, Make your investment with Wellspring Capital Management. The case status is Pending - Other Pending. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through . at 382. Wellspring Capital and the D&O Defendants grossly and recklessly mismanaged the business and carried out their respective roles in a manner that was devoid of reasonable inquiry and diligence in dereliction of their fiduciary duties to Prospect as a creditor of the increasingly insolvent enterprise. Id. We are taking this matter very seriously, and have launched an immediate internal investigation, Jeffrey Gould, Wellsprings head of marketing and investor relations, told investors last week in a note seen by Bloomberg News. Your livelihoodand your sanitydepend . The legal team representing former President Donald Trump formally has requested a six-month delay in the civil case filed against him by New York Attorney General Letitia James. It is not intended as and should not be construed as financial, investment, tax, legal, regulatory, or other advice. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. The choice of law provision in the Loan Agreements states: In October 2017, Wellspring Capital was contemplating a purchase of AcuSport, a competitor, by Ellett, for $14.8 million. Reputation Management. The Uniform Commercial Code defines insolvency as the inability to pay debts in the ordinary course or when they come due, while the Bankruptcy Code defines insolvency as debts exceeding assets. Later emails berate Prospect's representative for failing to agree to the AcuSport purchase more quickly. The origins of Wellspring Philanthropic Fund are shrouded. Therefore, the plaintiff argues that he is only required to establish constructive fraud. [Amended Complaint, 37, 40]. Copyright 2023 Ropes & Gray LLP. at 321. But Wellspring would arguably undermine the ability to negotiate for what are customary and, indeed, necessary protections for corporate decisionmakers in those same transactions, such as releases, indemnity, or exculpation. *aUQBT&1#J$8Q)=WE9M'v1s_)GG+.kbN;yELi.UD1N{f'u$y`'GCJfS;4yXwbW${%^tcxG2}+/P@U `a$b6? Sec'y of State for Def. Lister v. NationsBank of Delaware, N.A., 329 S.C. 133, 143 (Ct. App. William F. Dawson, Jr., Chief Executive Officer of Wellspring, said, "My partners and I are pleased to complete the successful raising of Wellspring's sixth fund, which is a direct result of the strong relationships we have built with the investment community over many years and the returns we have generated. As discussed in Cyrus II, the Fourth Circuit has stated that a bankruptcy court should apply the choice of law rules of the state in which it sits. The United States Court of Appeals for the Third Circuit wasted no time getting the new year off to a roaring start through its ruling in In re LTL Mgmt., LLC, Case No. 1994)). Va. June 8, 2011) (acknowledging that Maryland law is not clear regarding whether a fraudulent conveyance action sounds in tort, but concluding that "given that the gravamen of the fraudulent conveyance claim is the wrongfulness of the conveyance and the injury to the creditor, rather than balancing equities or fairness, it is appropriate to conclude that fraudulent conveyance claims sound in tort. Please Update this case to get latest docket information. The Firm takes pride in its ability to marshal its resources quickly and focus on the issues that matter, resulting in speed and certainty during the acquisition process. Additionally, the plaintiff argues that the third element of New York's third-party beneficiary test is not met because there is no express intent in the Loan Agreements or the Amendments to compensate the defendants in the event the distributions were not paid and in fact, the Loan Agreement indicates the opposite by virtue of the inurement clause found in Section 13.1. Find More Contacts for Wellspring Capital Management, Edit Lists Featuring This Company Section, European Regulation Ushers In Global Future For Fundraising, Wellspring Capital Management Acquires Caring Brands International, Private Equity Firms with Investments in United States, Greater New York Area Investors with Funds Raised in 2017, Private Equity Firms with Investments in Asia. We have interesting videos for you to watch on my site. The defendants' remaining arguments need not be addressed. The firm, which is based in New York City, was founded in 1995 by Martin Davis and Greg Feldman. The firm's objective is to bring partnership, experience and value creation to each investment. Id. Id. In Wellspring, the Delaware bankruptcy court held that an alleged duty of loyalty breach could survive a motion to dismiss where: Bear in mind that alleged is the operative word here. Broker-Dealers Business & Commercial Litigation Business Restructuring California Consumer Privacy Act Capital Markets Capital Solutions & Private Credit Charitable Foundations China Life Sciences Committee on Foreign Investment in the United States (CFIUS) Consumer Protection and Advertising Law Corporate & Securities Litigation In fact, the amended complaint states that the distributions at issue here were made in October 2012 and March 2013. Wellspring partners with highly qualified and motivated senior management teams, actively working together to unlock a companys potential by providing ongoing financial, strategic and operational support. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through . Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Oct. 14, 2021) (Stickles, J.) 112]. 2020) (quoting Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009)). e""8*&B Even among California Democrats, Newsom is still in the negatives, with 54% wanting him to sit out in 2024 and only 35% wanting him to run. By teaming up with strong management, Wellspring seeks to unlock underlying value and pursue new growth opportunities through strategic initiatives, operating improvements and add-on acquisitions. On March 7, 2013, the Borrowers entered into a First Amendment to the Loan Agreements (the "First Amendment"), pursuant to which Prospect loaned the Borrowers an additional $60 million. 19.)1. E-mail: sandra@wellspring-cap.com; Videos. By teaming up with strong management, Wellspring is able to unlock underlying value and pursue new growth opportunities through strategic initiatives, operating improvements and add-on acquisitions. By teaming up with strong management, Wellspring is able to unlock underlying value and My company, Asia Marketing and Management, has global ambitions but consists largely of me and the intelligence, experience, contacts, and per-sonality I bring to my clients . When it comes to helping companies that show promise, Wellspring Capital Management is overflowing with support. 1996)). Relevant here: the plaintiff/litigation trust alleged that SportCos directors: Finally, the litigation trust also asserted a variety of other counts in its complaint related to other facts, circumstances, and actions that are not the subject of this Alert. The 2011 Wellspring Capital Partners V LP was fully invested at $1.2 billion and has generated positive returns for its investors to-date. . at 613-14. 2010); Saifullah v. Johnson, 948 F.2d 1282, at *1 (4th Cir. 22-2003, 2023 WL 1098189 (3d Cir. Prospect is a sophisticated party and, to the extent that it wanted to confirm the predictions made by Mr. Carles and Mr. Johnson were in fact accurate, it could have exercised due diligence. Type: Company - Private. Wellspring has earned the reputation as a trusted, reliable partner and is often the preferred partner of a portfolio companys senior management team. This matter is before the Court on motions to dismiss filed by the defendants Wellspring Capital Management, LLC ("Wellspring Capital"), Wellspring Capital Partners IV, L.P. ("Wellspring Capital Partners"), WCM Genpar IV, L.P., WCM Genpar IV GP, LLC (collectively, the "Wellspring Defendants") [Docket No. The firm's objective is to . Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through . Wellspring Capital Management, LLC; Wellspring Cap. The firm functions as a strategic rather than tactical partner, providing management teams with top-line support, M&A experience and financial expertise, and access to resources. SportCos negotiations were led by a SportCo director, who was also the managing partner of Wellspring Capital, SportCos equity sponsor. Wellspring brought its assets under management to more than $4.4 billion as of January 2018. (quoting Bell Atl. Wellspring Capital Management prevailed in the sponsor-driven process for Center for Diagnostic Imaging, the country's largest private . The plaintiff relies on the fact that Ellett was unable to pay the debt owed to Prospect at the time that it had to be paid in full; however, this is not the only relevant point in time. At Wellspring we pride ourselves on client service. 3d 341, 357 (D.S.C. The Firm also has a long history of collaboration with entrepreneurs and closely held businesses to achieve outsized growth, with a large percentage of our portfolio companies being transitioned from founder ownership. Please see our Privacy Policy. About Wellspring Capital Management Wellspring Capital Management is a leading private equity firm headquartered in New York. The elements of a negligent misrepresentation claim under New York law are: The plaintiff also cites King County, Washington v. IKB Deutsche Industriebank, 863 F. Supp. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. %PDF-1.5 % Innovative Custom Brands, Inc. v. Minor, 2016 WL 308805, at *2 (S.D.N.Y. The court must construe the allegations in the complaint in the light most favorable to the plaintiff. Specifically, Mr. Carles and Mr. Johnson represented to Prospect that a purchase of AcuSport would result in: (1) Debtors' capturing 20 to 30 percent of AcuSport sales; (2) Acquisition of $14 million worth of AcuSport's inventory at a significant discount; and (3) Realization of an immediate $7 million profit from the sale of the inventory acquired in the purchase. In June 2019, SportCo and its subsidiaries (the "Debtors") filed chapter 11 bankruptcy cases in the United States Bankruptcy Court for the District of Delaware. Over the past 20 years, Wellspring has invested in over 35 platform investments across . 20-50554, 2021 WL 4823513 (Bankr. (quoting Edwards v. City of Goldsboro, 178 F.3d 231, 244 (4th Cir. %%EOF 598, 614 (Bankr. You have to know whats happening with clients, competitors, practice areas, and industries. New York law prohibits both actual and constructive fraudulent conveyances. The issue in Merritt Dredging was the sale of a barge and the priority of parties' interests in the proceeds of the sale. The third cause of action asserts that those parties "made numerous representations to Prospect concerning the AcuSport Purchase, including that the purchase would allow the Debtors to acquire $14 million worth of AcuSport inventory at a substantial discount; that it would result in the Debtors' immediate realization of a $7 million profit on the sale of the AcuSport inventory so purchased; and that it would result in the Debtors' capturing 20% to 30% of AcuSport sales." Ellett used $54,860,549.74 of the First Amendment loan proceeds to fund distributions to the Transferee Defendants. The company will explode Rich!" 90], Alexander E. Carles [Docket No. at 385. Ellett Brothers LLC ("Ellett"), a South Carolina limited liability company, was a sporting goods distributor. Cancellation and Refund Policy, Privacy Policy, and If you do not agree with these terms, then do not use our website and/or services. 987, 999-1000 (Bankr. 0 The defendants filed separate motions. The District Court in Ashmore for Wilson stated: The parties' arguments regarding what law applies to the plaintiff's fraudulent conveyance claims present some complicated and novel questions; however, it is not necessary for the Court to decide whether the defendants are third party beneficiaries of the Loan Agreements or the Amendments. We charge a minimal base fee and the rest is performance fees we generate for clients and not on the amount of capital clients allocate. Probitas Partners acted as exclusive placement agent and Paul, Weiss, Rifkind, Wharton & Garrison LLP as legal counsel with respect to formation of Fund VI. Particularly where negotiations may involve releases, indemnification, or similar provisions, be advised that the ever-present tendency for counterparties to exercise 20/20 hindsight is fully in effect. For purposes of South Carolina law, the parties disagree whether Prospect was a preexisting creditor or a subsequent creditor. On May 3, 2018, SportCo agreed to acquire AcuSport's assets in bankruptcy for $7 million. Investments Number of Investments 2 Wellspring Capital Management has made 2 investments. 2018) (distinguishing cases where the courts dismissed negligent misrepresentation claims based on "puffery" or founded solely on speculative statements regarding future profits as a result of proposed transactions, and finding that the misrepresentations at issue were actionable because they involved present facts). However, the Court has the discretion to sua sponte dismiss a complaint pursuant to Fed. Investors in its most recent fund include the Washington State Retirement System, Minnesota State Board of Investment, Connecticut Retirement Plans & Trust Funds, Kansas Public Employees' Retirement to hinder, delay, or defraud either present or future creditors." 401(k)/403(b) Plan Litigation Risk Management, Analytics & Behavioral Science Consulting (R&G Insights Lab), Committee on Foreign Investment in the United States (CFIUS), E-Discovery, Discovery Strategies & Data Analytics, Executive Compensation & Employee Benefits, Government Enforcement / White Collar Criminal Defense, Life Sciences Licensing, Collaborations & Joint Ventures, The Music Stops on the Texas Two-Step: Third Circuit Dismisses LTL Bankruptcy Case. They are not actionable. 89], Charles E. Walker, Jr. [Docket No. Wellspring Capital Management, founded in 1995, is a middle-market private equity firm that has approximately $2 billion of private equity capital under management. Id. Wellspring Capital, through defendants Mr. Carles and Mr. Johnson, allegedly represented to Prospect that: (1) Ellett could purchase assets of AcuSport for $14.8 million; (2) the purchase would result in the Debtors' capturing 20% to 30% of AcuSport sales; (3) the Debtors could acquire $14 million of AcuSport inventory at a substantial discount; and (4) Ellett would immediately realize a $7 million profit on the sale of the inventory acquired in the purchase. The firm prefers to invest in the business services, industrial, packaging, healthcare services, restaurants . Will His AI Plans Be Any Different? Wellspring Capital Management is a leading private equity firm headquartered in New York. We believe that this breadth and depth of experience enables the team to efficiently evaluate and complete acquisition opportunities across a broad range of industries. Adversary Proceeding No. It is not intended as and should not be construed as financial, investment, tax, legal, regulatory, or other advice. . Id. NEW YORK, Jan. 10, 2018 /PRNewswire/ -- Wellspring Capital Management LLC ("Wellspring") today announced the successful closing of Wellspring Capital Partners VI L.P. ("Fund VI") with capital commitments totaling the hard cap of $1.415 billion. 6. Wellspring Capital, Mr. Carles, and Mr. Johnson were not insiders of AcuSport, and the amended complaint does not allege that they had any special knowledge or information about AcuSport that was not available to the public. The firm, which is based in New York City, was founded in 1995 by Martin Davis and Greg Feldman. It is notable that the first and second causes of action are based only on South Carolina law; however, because the parties disagree as to whether South Carolina or New York law should apply, the Court will analyze the first and second causes of action under both. Our tight-knit culture enables transparent oversight and a streamlined decision-making process. Wellspring, 2021 WL 4823513, at *10. These emails may be a lot of things, but negligent misrepresentations they are not. On December 31, 2018, the Borrowers defaulted on their obligations under the Loan Agreements and the Amendments. By Zachary Zagger (July 31, 2020, 9:56 PM EDT) -- Private equity firm Wellspring Capital Management LLC on Friday hit a slew of its insurers with a suit in New York state court alleging they must defend it against claims that it plundered millions of dollars from gun seller United Sporting Cos. Inc., which blamed its bankruptcy on Donald Trump's win in the 2016 election. Access to case data within articles (numbers, filings, courts, nature of suit, and more. The court considered whether the plaintiff had proved the tort of innocent misrepresentation. hbbd``b`u@IHEX 3X "2A`V @B'Hl``bdV8 2h Wellspring Capital manages an investment portfolio of between 10 and 15 international stocks. Accordingly, Wellspring reinforces the importance of disinterested governance and arms length dealing in connection with the restructuring process. Charles E. Walker, Jr. argued in support of dismissal due to lack of a triggering creditor based on Prospect's secured status, failure to state a claim under New York law due to lack of insolvency, on equity grounds because Prospect failed to obtain a personal guaranty from Mr. Walker and because the distributions were specifically contemplated by the loan transaction, and due to failure to state a claim for fraudulent conveyance under South Carolina law. at 385. Will Others Follow? The Wellspring court dismissed the litigation trusts claim for breach of the fiduciary duty of care, holding that it was not adequately pled. hb```e``jb`a`\ @1V h`2q:lp10qfaqB,X3s10iH(^t1 Va. Mar. Shoe designer and creative Salehe Bembury takes us on a journey from his childhood growing up in Manhattan, to an invaluable degree in industrial design, to working with some of the biggest names in fashionbefore breaking off to make his own name. PLEASE NOTE: A verification email will be sent to your address before you can access your trial. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised REGISTRATION STATUS . An outside law firm will assist with the probe to determine the validity of these reports, which allege behavior that is not only shocking but completely inconsistent with our corporate values and standards., Family calls complaint pure fiction intended as a shakedown, Dawson steps away from firm to spend time with his family. This is the best way to manage and repair your business reputation. These emails can hardly be considered negligent misrepresentations. Fax: 877 376-7003. Martin Davis, 72; Created Modern Paramount, "Financial Firm Wellspring Capital to Take Penthouse at 605 Third Avenue", "Wellspring Capital Management taps $1.45bn Fund VI for Cadence Petroleum Group buyout", "SupplyOne Acquires Fellow Packaging Distributor Romanow Container", "Healthcare & Life Sciences Private Equity Deal Tracker: Wellspring Acquires Pentec Health", https://en.wikipedia.org/w/index.php?title=Wellspring_Capital_Management&oldid=1118006247, This page was last edited on 24 October 2022, at 18:15. All business will get complaints. R. Civ. The amended complaint contains no allegations that either Ellett, with respect to the first cause of action, or SportCo, with respect to the second cause of action, was insolvent at the time of the distributions or became, at the time of the transfers, insolvent as a result of the transfers. W.D. Wellspring targets investments with the following characteristics: From October 2017 to April 2018, Mr. Carles and Mr. Johnson sent numerous emails to representatives of Prospect, attempting to induce Prospect to agree to forego exercising its rights in the event of a default. For the reasons set forth below, under the law of either state, the plaintiff's first and second causes of action must be dismissed. The defendants' motions to dismiss are granted. Because the Court dismisses the complaint as to all other defendants, the Court sua sponte dismisses the causes of action against Mr. Ziomek as well. S.D. While New York law and South Carolina law have slightly different tests for avoiding constructive fraudulent conveyances, there exists a common thread which is not satisfied hereinsolvency at the time of the transfer. There are different definitions of insolvency. View contacts for Wellspring Capital Management to access new leads and connect with decision-makers. v. Trimble Navigation Ltd., 484 F.3d 700, 705 (4th Cir. Id. In 2010, Bain Capital acquired the company for US$1.8 billion. Instead, they may form the basis for a negligent misrepresentation claim if the party making the misrepresentation possesses some special expertise (by way of his job title or position, for example), or has some special knowledge about the particular fact that is allegedly misrepresented. The 2011 Wellspring Capital Partners V LP was fully invested at $1.2 billion and has generated positive returns for its investors to-date. This approach has historically delivered returns well above inflation. Sav. Brought up in a family enjoying long-term success in real estate investment, Avrohom instead turned to the stock market. The defendants asserted common arguments in support of dismissal, but all arguments made in support of dismissal were not asserted by each defendant. The parties disagree on what law should applyfederal or state, and further if state law applies, New York or South Carolina. Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States We see how Bembury is able to walk the line of business convention while taking his art to new heights, turning ordinary items into extraordinary footwear. There are no allegations in the amended complaint that the debtors' liabilities exceeded their assets at the time of the transfers. Private equity firm Wellspring Capital Management LLC on Friday hit a slew of its insurers with a suit in New York state court alleging they must defend it against claims that it plundered . The plaintiff/litigation trust also asserted claims directly against Wellspring Capital under an aiding and abetting theoryi.e., asserting that Wellspring Capital itself aided and abetted the SportCo Boards alleged fiduciary duty breaches. [Amended Complaint, 49]. Fed. The Company specializes in private companies buyouts, acquisitions of divisions and subsidiaries of public companies, and going . Our returning and new limited partners share our belief in the unique value proposition that Wellspring brings to the investment process, with our focus on strategic partnership and tailored approach to each investment. . It identifies undervalued companies whose share price does not properly reflect the true value of the business. Crazy 8 was started in August 2007. endstream endobj 916 0 obj <>/Metadata 258 0 R/Pages 913 0 R/StructTreeRoot 384 0 R/Type/Catalog>> endobj 917 0 obj <>/MediaBox[0 0 612 792]/Parent 913 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 918 0 obj <>stream from 8 AM - 9 PM ET. A social media content creator signed an agreement with Birchbox in May of 2022 and hadn't been paid the $2,500 due as of Jan. 24, despite several emails to the company. Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. 91], F. Hewitt Grant [Docket No. The basic complaint is that Wellspring directors put self-interests above those of the company and its creditors. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. As a result, the defendants argue, it would be unjust for Prospect to now be able to avoid the distributions. By teaming up with strong management, Wellspring is able to unlock underlying value and. There are also no allegations concerning expenses. v. Holmes (In re Holmes), 610 B.R. Wellspring Capital Management is an American private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries. Wellspring is a cautionary tale for the fiduciaries of a distressed or potentially distressed corporationparticularly with respect to negotiations around release and/or indemnification provisions for those same fiduciaries. The Court also notes that, setting the other factors aside, given the extreme nature of the urgent tone of these emails, and the highly sophisticated status of Prospect, Prospect satisfying the justifiable reliance element of a negligent misrepresentation claim is questionable, at best. Jan. 25, 2016) (alteration original). Exempt Reporting Advisers ("ERA") are investment advisers that are not required to register as investment advisers because they rely on certain exemptions from registration under sections 203 (l) and 203 (m) of the Investment Advisers Act of 1940 and related rules. About Wellspring Capital Management Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $4.4 billion of private equity capital. In the legal profession, information is the key to success. A litigation trust formed through the SportCo bankruptcy then sued, among others, SportCos former directors and its equity sponsor. The court stated: See Credit Alliance Corp. v. Arthur Anderson & Co., 65 N.Y.2d 536 (NY App. They were not statements of presently existing fact. Over the past 27 years, Wellspring has invested in over 50 platform investments and completed over 80 add-on acquisitions across various segments of the U.S. and global economies. (Wellspring). 1997) (citing Bannister v. Hertz Corp., 316 S.C. 513 (Ct. App. Litigation. Follow along as he lays out the blueprint for his career, and takes us all the way from his first sketch to his thriving personal brand, Spunge. Click here to login, 2023, Portfolio Media, Inc. | About | Contact Us | Legal Jobs | Advertise with Law360 | Careers at Law360 | Terms | Privacy Policy | Cookie Settings | Help | Site Map, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). dr travis taylor iq, mr jensen spinal surgeon,