LIM, RUGER & KIM, LLP
LIM, RUGER & KIM, LLP
Lim Ruger News Archive
2010
Lim Ruger Successfully Defends Major Local Hospital in a Legal Battle Over Attorney Fees
July 29, 2010 - Los Angeles Superior Court rejected an attempt by two Korean American doctors to obtain over $400,000 in legal fees from a major local hospital represented by Lim, Ruger & Kim LLP.
Lim Ruger Represents East West Bank in Litigation Matters Against Major Downtown Developer
July 27, 2010 - Lim Ruger's litigation attorneys are pursuing over $24M worth of claims against a major downtown developer and other entities under his control on behalf of East West Bank.
Lim Ruger Trial Lawyers Represent Edison
July 27, 2010 - Southern California Edison ("Edison") calls upon Lim Ruger's triallawyers to represent Edison in connection with five new labor arbitrations.
Lim Ruger Assists the University of Southern California in Major Commercial Lease Transaction
July 23, 2010 - Lim Ruger was legal counsel to the University of Southern California in the negotiation of a renewed lease for over 140,000 rentable square feet of commercial space on Admiralty Way in Marina Del Rey.
Lim Ruger Celebrates 24 Years
July 21, 2010 - Lim Ruger celebrates 24 years this year
Sempra Calls Upon Lim Ruger For Its Real Estate Transactions
July 21, 2010 - San Diego Gas & Electric, a Sempra utility and major California power company uses Lim Ruger for a wide variety of real estate transactions.
New Attorneys
July 20, 2010 - Lim Ruger is excited to announce the addition of two new attorneys.
Analysis of Sharp Healthcare Decisions
July 19, 2010 - Two indications of the problems of the American health insurance system are that some 50 million Americans lack any health insurance, and that many hospitals are in financial trouble. As a result, uninsured patients forgo care until they come to the hospital emergency room where treatment is expensive and payment for the treatment is practically uncollectible.
Lim Ruger Assists Fashion Retailer in $38 Million Acquisition of Warehouse Facility
June 15, 2010 - Lim Ruger was legal counsel for an international fashion retailer in its acquisition of a 1.8 million square foot warehouse facility on 38.77 acres in Los Angeles.
Lim Ruger Closes $11.7M Financing for Supermarket Chain
April 21, 2010 - Lim Ruger has successfully closed a $11.7 million financing transaction for one of the largest independently owned supermarket chains in Southern California.
Lim Ruger Wins Environmental Cleanup for Developer
April 8, 2010 - In an action to determine responsibility for soil and groundwater contamination, Lim Ruger has obtained a settlement agreement that is very favorable both for the environment and for Lim Ruger's client, which owns the subject property and is a developer of lifestyle shopping centers.
CRE Loan Workout Seminar for Bankers
April 8, 2010 - Lim Ruger is pleased to invite you to a seminar presented by two leading experts in commercial real estate loan workouts and bankruptcy. This very timely, informative seminar will be presented in a workshop format to discuss all the critical components in CRE loan workouts and implications of filing bankruptcy by the borrower due to failed workout efforts or default of the terms of the workout agreement.
New Senior Associate
April 8, 2010 - Lim Ruger is excited to announce the addition of Senior Associate, Peter Rho, Transactional Attorney.
Congratulations to the Recipients of the Lim Ruger Foundation Scholarship for the First Quarter, 2010
Sandy Sakamoto Spotlight
February 3, 2010 - Sandy is one busy person and very much in demand. She juggles her roles as the Chair of the Board of Directors of the Japanese American Cultural & Community Center, the Vice Chair and Treasurer of the Pacific Asian Consortium in Employment, Co-Chair of the Executive Advisory Council of the Asian Pacific American Legal Center of Southern California, a mother of three lovely young women, a super lawyer at Lim Ruger, etc. Somehow, Sandy successfully and effectively tackles every project she commits to.
2009
Lim Ruger and Ten Other Top Law Firms Award $130,000 to California Bar Foundation’s Diversity Scholarship Program
Los Angeles - October 6, 2009 - Angelo Arnaldo Mathay of UCLA Law School was presented with Lim Ruger Foundation and California Bar Foundation’s Diversity Scholarship award on Thursday, October 1, 2009 at the California Bar Foundation’s Annual Meeting in San Francisco.
Did You Forget To Report Your Foreign Bank Accounts to the Treasury Department? Amnesty Deadline is October 15, 2009
September 28, 2009 - After more than a year of legal wrangling, the IRS recently succeeded in forcing the Swiss banking giant UBS AG to release the names of 4,450 U.S. clients with Swiss bank accounts at UBS. This case has made many people aware of a relatively obscure Treasury Department form known as the “Report of Foreign Bank and Financial Accounts” (commonly known as “FBAR”) that needs to be filed by certain U.S. persons to disclose their foreign financial/bank accounts.
Lim Ruger Receives Minority-Owned Law Firm Client Services Award from the California Minority Counsel Program
Los Angeles, CA, September 25, 2009- Lim, Ruger & Kim, LLP (Lim Ruger) was presented with the Minority-Owned Law Firm Client Services Award by the California Minority Counsel Program (CMCP) at their 20th Annual Business Conference. The award is given by CMCP to a minority-owned law firm that has best demonstrated outstanding client service and best captures the spirit of promoting and sustaining diversity in the legal profession.
Lim Ruger Completes Efficient Loan Enforcement for Community Bank
September 15, 2009 – Lim Ruger represented a community bank in formulating the most cost-effective creditor’s rights strategy in enforcing a debt secured by mixed collateral (real property and personal property assets of a car wash business located on the property), with personal guaranties from the two owners of the borrowing entity. The matter involved a loan of approximately $7,500,000.
Lim, Ruger & Kim is One of Latest Law Firms to Join the National Association of Minority and Women Owned Law Firms
August 9, 2009 - Lim, Ruger & Kim was accepted by The National Association of Minority and Women Owned Law Firms (NAMWOLF) as a new Law Firm Member this past week. NAMWOLF uses a detailed process to determine law firm admission. This vetting process can take several months before a law firm is officially accepted into the Association.
Sam Oh: In the Best Tradition of the Law
July 27, 2009 - Sam Oh, a partner specializing in commercial litigation and bankruptcy, has been with Lim Ruger since 2005. When not working, Sam Oh enjoys spending his time with his family, including his new son Andrew (born January 2008), his daughters Sarah (age 14) and Lisa (age 12), and his wife, Helen.
Lim Ruger Slams The Door On Web Infringer
July 1, 2009 - Representing the two largest television networks in South Korea, the Lim Ruger litigation team of Bryan Sheldon, George Busu and Julie Kwun recently obtained a permanent injunction and multi-million dollar judgment against "internet protocol" television provider MyTV, Inc. and its principal, as well as an injunction and smaller judgment against a local retailer of the system.
Efficient Results In Employment Law Class Action
June 22, 2009 – Lim Ruger defended a designer and distributor of fashion items in a wage and hour class action claiming over $2 million in alleged unpaid overtime and vacation pay.
Lisa Yang – A rising star and much more
June 17, 2009 - Recognized as one of California’s up-and-coming young lawyers, Lisa Yang was selected as a Rising Star in 2007 and 2009 by Super Lawyers magazine. Looking to broaden and hone her litigation skills Lisa joined Lim Ruger after working for a securities class action firm.
Lim Ruger's Client Wins Reversal Of Tort Judgment In Court Of Appeal
May 21, 2009 - Lim Ruger defended a major seafood distributor in a suit claiming that it interfered with a lease between a landlord and a tenant. After a five day bench trial, no evidence was introduced that our client caused any damage to the landlord.
California Legislative Caucus Honors Lim Ruger
May 14, 2009 - Lim Ruger received the Award for Excellence in Law from the California Asian Pacific Islander Joint Legislative Caucus as part of the Legislature's Fifth Annual Asian Pacific Islander Heritage Awards.
South Korea Taps Lim Ruger In Wrongful Death Suit
May, 12, 2009 - The Republic of Korea retained Lim Ruger to defend its interests in a suit arising from an automobile accident that resulted in the tragic death of a Seoul National University (SNU) student and the serious injury of an SNU professor.
Lim Ruger Uses Immigration Law To Expand Capital Access
April 27, 2009 - Federal immigration law offers permanent residency to foreigners who make large investments in U.S. companies. This program offers U.S. businesses increased access to foreign capital.
Traps For Creditors In Structuring And Enforcing Guaranties And Secured Obligations
April 15, 2009 - The current financial maelstrom engulfing the globe has again shown that creditors must be careful in structuring credit transactions and enforcing their rights as creditors.
Lim Ruger Wins Unprecedented Class Action Settlement
April 3, 2009 - On behalf of a class of residents, Lim Ruger obtained an over $3 million settlement against a landlord who had been repeatedly cited for health and safety violations. The case is the largest class action habitability settlement in the city, and presented a range of cutting edge legal issues.
Lim Ruger Wins $45 Million Jury Verdict For Ponzi Scheme
March 30, 2009 - A Los Angeles Superior Court jury awarded over $45 million to Lim Ruger's client against real estate developer Charles Yi for fraud and breach of fiduciary duty.
A CEO On Why She Relies On Lim Ruger
March 15, 2009 - Interview with Joanne Kim, CEO of Wilshire State Bank
John Lim To Head Asian Pacific American Legal Center
February 28, 2009 - Lim Ruger managing partner John Lim has been elected chairman of the board of directors of the Asian Pacific American Legal Center. Lim has served on the board for over 15 years. Lim Ruger is a strong supporter of the noted civil rights organization.
Richard Kim - Practices Law And Lives His Life By Balancing Risks And Rewards
February 23, 2009 - You wouldn't ordinarily think that a soft-spoken Yale/Berkeley educated corporate/tax partner would be yearning for adventure and its attendant risk, but then you would be mistaken.
Yvonne Ballesteros - Passionate And Effective Advocate
February 22, 2009 - Yvonne Ballesteros enjoys being a spokesperson and an advocate. As the eldest child in an immigrant family, she took on the role of being her family's representative at an early age. Today, she continues to relish the role of being a champion for people and causes as an attorney at Lim Ruger.
Four Lim Ruger Super Lawyers
February 21, 2009 - For the fourth year in a row, four Lim Ruger partners were chosen as Super Lawyers.
Lim Ruger Closes A $78.3 Million Dollar Purchase Of A Major Shopping Center
February 12, 2009 – Lim Ruger successfully closed a $78.3 million purchase of a major shopping center in Chino Hills. Lim Ruger client CRCH, LLC ("CRCH") purchased Crossroads Marketplace, a 264,000 square foot shopping center with prominent tenants such as Best Buy, Bed, Bath & Beyond, Steinmart, Pet Smart, Sports Chalet and CVS Pharmacy. The purchase and sale agreement provided for CRCH to assume the seller's $63 million loan. The lender took advantage of the liquidity crisis by imposing more than $2 million in new financial conditions, but Lim Ruger lawyers carefully structured the loan assumption through a series of amendments and collateral agreements to allocate almost all of these costs to the seller, thus producing a highly favorable outcome for CRCH.
Lim Ruger Stops Broadcast Piracy
Wins injunction on behalf of Korea's two largest television networks
February 12, 2009 – Representing the American subsidiary of Korean Broadcasting System and MBC, LIM RUGER litigators stopped defendant MyTV from intercepting and retransmitting their clients' broadcasts. Bryan King Sheldon, George Busu and Julie Kwun won a broad preliminary injunction barring defendant MyTV from retransmitting any of these clients' programs.
On January 20, 2009, Judge John F. Walter of the United States District Court, Central District of California, issued the antipiracy order. Defendants aggressively opposed the injunction, which was obtained after expedited discovery and several rounds of briefing. LIM RUGER has wide experience handling intellectual property matters and obtaining provisional remedies.
2008
Lim Ruger And The Japanese American Bar Association Of Southern California Congratulate Judge Jon Takasugi And Holly Fujie
December 11, 2008 – Lim Ruger and the Japanese American Bar Association of Southern California hosted a reception honoring Judge Jon Takasugi on his appointment to the Superior Court of the County of Los Angeles, and Holly Fujie for being elected President of the California State Bar.
Lim Ruger Wins Appeal To Overturn Judgment Based On Res Judicata
November 12, 2008 – Lim Ruger won an appeal that will allow the Firm's client, a corporate investor, to proceed with a multi-million dollar claim arising out of the defendants' breach of contract and related torts. While the investor's claim was pending in Los Angeles County Superior Court, the United States filed a civil action in federal court seeking forfeiture of certain assets owned by the defendants, which assets were acquired by the defendants with funds wrongfully taken from the investor.
Lim Ruger Defeats Class Action Against Hospital
October 28, 2008 - Lim Ruger successfully represented Hollywood Presbyterian Medical Center in a putative class action challenging medical service prices charged to uninsured patients. A patient who received medical services from the hospital filed suit under California's unfair competition law, the Consumer Legal Remedies Action, and various contract and quasi-contract theories.
New Litigation Associates Join Lim Ruger - Yvonne Ballesteros, John Jones II, Julie Kwun
October 27, 2008 - Three new associates have joined Lim Ruger's Litigation Group, part of the Firm's commitment to excellence, expanded client service, and diversity.
Lim Ruger Named As Honoree By Apalc (Asian Pacific American Legal Center)
October 21, 2008 - Lim Ruger is recognized by APALC (Asian Pacific American Legal Center) for making special contributions to the organization by providing over $50,000 in pro bono hours, fellowships and financial support. The award is especially highlighted by Lim Ruger's work in winning justice for the Korean War veterans in their case against Oakdale Memorial Park.
Lim Ruger will be honored at the Asian Pacific American Legal Center's 25th Anniversary Dinner on October 21, 2008.
Lim Ruger And Ten Other Top Law Firms Commit $330,000 To California Bar Foundation's Diversity Scholarship Program
October 3, 2008 - Lim Ruger Foundation, a charity arm of Lim, Ruger & Kim, LLP, announced gift of $30,000 to the California Bar Diversity Scholarship Program towards scholarships to incoming California law students who come from communities underrepresented in the California Bar. Lim Ruger and ten other top law firms pledged total of $330,000 over three years.
Former AT&T Assistant GC Sakamoto Joins Lim Ruger
October 2, 2008 - Sandy L. Sakamoto has joined Lim, Ruger & Kim, LLP as Of Counsel to that 20-lawyer law firm, focusing on real estate and business transactions.
DAILY JOURNAL - January 23, 2008
2007
LRK Foundation Announces Its 2007 Scholarship Recipients
LRK Foundation is pleased to announce the recipient of its $2,500 scholarship: Ms. Alma L. David of University of San Francisco School of Law, Class of 2008. Presentation was made at the annual National Asian Pacific American Bar Association (NAPABA) Convention in Las Vegas, Nevada on November 17, 2007.
LRK Foundation is pleased to announce the recipient of its $2,000 scholarship: Ms. Jennifer Tsao of Gould School of Law, University of Southern California, Class of 2008. Presentation was made at the annual Korean American Bar Association (KABA) Installation Dinner on May 4, 2007.
LRK Co-sponsors Charitable Giving Seminar- Richard D. Kim Speaks On Panel
Lim, Ruger and Kim, LLP is co-sponsoring the "Private Foundations: Benefits and Rewards" seminar focusing on charitable giving. Richard D. Kim (link to profile) will sit on the symposium panel to discuss legal and tax considerations for forming and operating a private foundation.
Event is to be held on November 16, 2007, 10AM-12:30PM at the Aroma Wilshire Center located at 3680 Wilshire Boulevard in Los Angeles. If you wish to attend, please contact Ellen Chung at 310-231-7766.
Sam Oh Presents "What Every Cpa Should Know About Bankruptcy And Insolvency" To The Korean American Cpa Association
Sam Oh will be speaking to the Korean American CPA Association on bankruptcy features, concepts and issues; pre-bankruptcy planning; and overview of Chapter 7, Chapter 11, Chapter 13, and Chapter 15.
Event is to be held on November 13, 2007 at J.J. Grand Hotel located on 620 South Harvard Blvd., Los Angeles, CA 90005.
LRK Represents Countrywide Employees In Class Action
LRK has partnered with prominent national class action firm Schifferin, Barroway, Topaz & Kessler, LLP to file a nationwide class action complaint against Countrywide Financial on behalf of Countrywide employees who participated in the company's 401k pension plan. The suit, Johnson v. Countrywide CV07-05879, filed in U.S. District Court in Los Angeles, alleges that the company and certain of its officers and directors mismanaged the pension plan by investing too heavily in Countrywide's own stock at times when they knew the stock was overvalued due to the impending meltdown in the prime and sub-prime mortgage markets. LRK litigators Bryan Sheldon and Lisa Yang are handling the matter for LRK, which is local counsel in the case.
John Lim, Richard Ruger, Christopher Kim, And Bruce Iwasaki Honored As Super Lawyers 2007
Transactions partners, John Lim and Richard Ruger, and litigation partners, Christopher Kim and Bruce Iwasaki, have been named Southern California "Super Lawyers" for 2007 by LAW & POLITICS in conjunction with LOS ANGELES MAGAZINE. Congratulations to John, Richard, Chris, and Bruce on their admission to this elite group of lawyers!
Read the SUPER LAWYERS® MAGAZINE article [PDF].
2006
DAILY JOURNAL — February 8th, 2006
Iwasaki Joins Lim Ruger, Gets John Minor Wisdom Award