Venable SF Litigators Confirming Their $100.4 Million Victory
Native Roots won against Brightstar
Venable continues to represent Josh Ginsberg, a co-owner of one of Colorado’s largest dispensary chains (Native Roots), in claims against his and co-claimant Rhett Jordan’s business partner Peter Knobel and Knobel’s company Brightstar.
Venable’s trial team prevailed in American Arbitration Association (AAA) binding arbitration, securing an award of a whopping $100.4 million, plus an additional $40 million in interest. The award followed nearly four years of contentious litigation, a three-week arbitration hearing during which 11 witnesses testified and over 1,000 exhibits were introduced, and hard-fought post-trial briefing. The arbitrator ruled that Venable “irrefutably” proved Knobel’s and Brighstar’s pervasive breaches of duties and breaches of an LLC operating agreement, resulting in the $140.4 million award.
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