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Axs law Forces Appraisal To Leverage Settlement
Three years after a financial services company was acquired by a major credit card processing company, the CEO was wrongfully terminated depriving him of his salary, bonus, and visibility into the company in which he retained a 50% interest. With litigation already underway and $30 million at stake, AXS LAW declared a “seller acceleration event,” forcing an appraisal process, and orchestrated a high-stakes mediation that resulted in a settlement within six months of the commencement of litigation.
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