Calif. Court Revives Casino Co.'s Takeover-Scheme Claims

Law360, San Francisco (March 20, 2014, 4:46 PM EDT) -- A California appeals court on Wednesday revived Wizard Gaming Inc.'s claims that a former consultant helped the casino operator's former president oust another shareholder and cause $1 million in losses, reversing a trial court's ruling that Wizard's aiding and abetting claims were time-barred.

California's Second Appellate District said there's no question that Wizard's allegations show that Chander Joshi, Wizard's former consultant and designated agent, participated in an ongoing effort to help president Emily Jean Cuicchi remove Zephyr Inter Vivos Trust, a revocable trust that also owned...
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