Johnson Fistel Blog

On April 13, 2021, The Honorable Lee H. Rosenthal, U.S. District Judge for the U.S. District Court for the Southern District of Texas granted final approval of a $9.875 million settlement in Glock v. FTS International, Inc., et al., a class action alleging that FTSI International, Inc. (“FTSI” or the “Company”) and certain of its officers…

Although President Biden has not yet attempted to overhaul the nation’s tax system, it is expected that his administration will soon attempt to make good on some of the tax policy reforms he proposed during the run up to the 2020 elections.  This advisory raises important considerations regarding how Biden’s tax reforms might negatively affect…

Johnson Fistel is pleased to announce the addition of Jonathan M. Scott to its San Diego office. His practice will focus on complex commercial and business litigation. Mr. Scott earned his J.D. from California Western School of Law, graduating cum laude. During law school, he was recognized for his excellent writing skills, receiving the National…

San Diego Magazine has once again recognized Frank J. Johnson as one of the few Top Lawyers in San Diego practicing Business Litigation. In selecting who to include in the group of Top Lawyers in San Diego, the publication “invited Martindale-Hubbell®, the company that has long set the standard for peer review ratings with more…

You have worked hard to build your business, fund your retirement and provide for your family.  You may have even formed a living trust to reduce taxes and “protect” your wealth for future generations. But there are real and substantial risks to your assets and estate that you may not even aware of.  That is…

“If you fail to plan, you are planning to fail!”  Benjamin Franklin The untimely death of Tony Hsieh, the 47-year-old Zappos founder, is a tragic and cautionary tale for anyone considering the benefits of a thoughtful and comprehensive estate/asset protection plan. Hsieh’s life was a whirlwind. His parents were Taiwanese immigrants who came to the…

Johnson Fistel is pleased to announce the addition of attorney Seth Schechter to its San Diego office.  Mr. Schechter has extensive experience counseling high net worth clients with specialized asset protection strategies, wealth preservation ideas, tax mitigation, and estate planning.  “I’m thrilled that Seth decided to join our firm.  With his expansive background and experience,…

Although California produces stellar wine vintages year after year, there has been relatively little production of anything new or positive for California trusts. But the 2021 landscape has changed significantly, the conditions are ideal, and the time is ripe. A recent crop of legislation and cases, including California’s new Uniform Trust Decanting Act and the Paula Trust case,…

Since 2012, the Untied States Securities and Exchange Commission (“SEC”) has awarded $676 million to 108 individuals, known as whistleblowers, who have reported instances of securities fraud at their respective companies to the SEC.  Recently, the SEC paid $114 million to an anonymous whistleblower.  According to Jane Norberg, Chief of the SEC’s Office of the…