Page 5 – Adishian Law

EL SEGUNDO, CA (November 9, 2015)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the Southbay Magazine 2015 Trusted Advisors Issue.

2015_SB_Cover — Southbay Magazine (November 2015)

Adishian Law Group practices corporate, real estate and employment law. Their work includes leading mission-critical transactions and litigation, and high-stakes employment cases involving highly compensated professionals. Their affiliated property management firm, Adishian Capital, provides ‘family office’ real estate capabilities, giving clients relationship continuity across all their real estate activities. Owner Chris Adishian, raised in Palos Verdes, started the firm in 2003.

Chris Adishian, Founder
Adishian Law Group, PC
Adishian Capital

Tell us a client success story.

“It was a typical Friday afternoon when we got the call: our soon-to-be client had filed an Equal Employment Opportunity Commission (EEOC) complaint alleging wrongful termination, was scheduled for Mediation in just five days and had no attorney! The employer was a huge, privately held software company represented by one of the world’s largest law firms. Our staff worked all weekend building the case using our software tools and drafting the mediation brief. At mediation, all parties began relying on our work product and timeline of events to evaluate the case. The mediation concluded with our client receiving a very favorable settlement (after having been terminated with zero compensation). More stories are available on our blog.”

What question or concern do you frequently hear from clients?

“From business owners: ‘Can you review/negotiate this contract for me?’ or ‘I’ve been sued by a former employee.’ or ‘An employee went out on leave. What do I do?’ or ‘How do I prevent myself from being sued?’ or ‘I’m ready to sell my business.’ From executives and professionals: ‘I’ve been wrongfully terminated/ discriminated against.’ or ‘I’m owed a lot of money.’ From real estate clients: ‘My tenant (commercial) has sued me.’ or ‘We want to buy this building.’ or ‘How do we (re)negotiate our lease?’ or ‘Can you manage our properties so we can focus on our business?’”

FAST FACT

Prior to starting his law firm, Chris worked at Arthur Andersen and Montgomery Securities in San Francisco.

Tell us something unique about your business.

“For clients active in real estate – owning, buying, selling, leasing or exchanging –our combination of a real estate law firm with an affiliated property management firm is unique.”

How do you advise your clients to achieve and maintain success?

“Our clients are already successful – they are proven leaders in their industries and professions. They are proactive, smart, kind, risk-takers and survivors. We’re privileged to be selected as their law firm.”

Click these links to read the profile on oursouthbay.com and to view the full-color original.

To arrange a call with Adishian Law Group or for more information about this article appearing in Southbay Magazine 2016, please Contact Us.

EL SEGUNDO, CA (October 2015)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the current issue of Chadwick School’s COMPASS Magazine.

CHRISTOPHER ADISHIAN ’87

Like many Chadwick alumni, Chris Adishian ’87 vividly recalls outdoor education. He went rock climbing at Joshua Tree National Park, made two weeklong camping trips along the Colorado River, camped and hiked on Catalina Island, and participated in a “home and away” exchange with a private school in Connecticut.

“These are just tremendous learning experiences for young students that stay with them for a lifetime,” Adishian says. “I still remember mine over 30 years later.”

But more than just for the fun of being outdoors, Adishian appreciates Chadwick’s outdoor education program for what it brings to each student’s sense of being.

“Chadwick’s commitment to educating the whole child is rare,” he says. “I believe it helps each child discover and develop his or her confidence, perspective, abilities, interests and potential.”

As a student, says Adishian, he “seemed to be always playing sports either during or after school.” He rowed during his freshman year at the University of California at Berkeley, and still takes yoga and martial arts classes every week. His other exercise, he says, comes from wrestling with his two children, Mark (4) and Talar (2). Adishian resides in Hawthorne with his wife Lena, and their children.

“My hope is that I can contribute my skills to help Chadwick achieve its short- and long-term goals…”

For Adishian, time out for fun and family can be hard to find. He balances his workdays between his legal practice, where he focuses on business, real estate and employment law (he earned his J.D. from Loyola Law School in Los Angeles), and his real-estate firm, where he manages approximately $33 million in residential and commercial property and makes good use of his B.A. in Mathematical Economics from UC Berkeley.

As busy as he is, Adishian suddenly felt like a man with time on his hands when Chadwick approached him about a trusteeship.

“Chadwick was such a positive, growing experience for me in so many ways,” he says. “When I was asked to join the board, it seemed like the natural thing to do.”

As an experienced world traveler, he admires the school’s global perspective, especially the opening of the campus in Songdo, Korea. “When I first heard about Chadwick International,” he says, “my first thought was, ‘That is simply brilliant!’ What a visionary idea.”

Now it’s his turn to help form the vision for Chadwick’s future. “My hope,” he says, “is that I can contribute my skills to help Chadwick achieve its short- and long-term goals so the school can continue to fulfill its mission for the students at Chadwick School and Chadwick International.”

Download a .PDF of the full-color original Compass Article.

To arrange a call with Adishian Law Group or for more information about this article appearing in Compass Magazine, please Contact Us.

In this latest installment, we revisit the topic of California non-competition agreements (also referred to as California non-compete agreements). This time the focus is on California Business and Professions Code 16600.

In the recent case of Golden v. Cal. Emergency Physicians (9th Cir. 12-16514 4/8/15), the 9th Circuit revisited California’s stark prohibition against non-competition agreements (aka non-compete agreements). In this case, the Court held that the district court “abused its discretion” in holding that California Business and Professions Code 16600 (prohibiting non-compete agreements) did not apply to a no-employment provision contained in the drafted settlement agreement.

In summary, Dr. Golden apparently filed a discrimination lawsuit against Cal. Emergency Physicians (CEP), and the parties ultimately drafted a settlement agreement. In such agreements, there is typically a routine no “re-employment” clause. Many employers obviously want closure, and want certainty that once they settle a claim with the employee, the employee is not going to re-apply for a job next week.

The particular clause at issue provided as follows: “that…Golden shall not be entitled to work or be reinstated at any CEP-contracted facility or at any facility owned or managed by CEP.” It went on to state “if CEP contracts to provide services to, or acquires rights in, a facility that is an emergency room…at which Golden is employed or rendering services, CEP has the right to AND WILL terminate Golden from any work in the emergency room without any liability whatsoever.”

In reaching its decision, the Court reasoned: “The courts of California have not clearly indicated the boundaries of section 16600’s stark prohibition but have nevertheless intimated that they extend to a considerable breadth. At the very least, we have no reason to believe that the State has drawn section 16600 simply to prohibit “covenants not to complete” and not also other contractual restraints on professional practice.”

While the big picture seems to be an affirmation of California clearly stated policy of “open competition and employee mobility”, the court left it to the district court to determine whether this language is in effect a “restraint of a substantial character to Dr. Golden’s medical practice.” In dissent, Judge Kozinski seemed to believe that it was impossible to determine at this point in time whether the provision was in fact a restraint on Dr. Golden’s ability to practice his profession, and that if it did work to that effect in the future, Dr. Golden could argue that the provision was void.

The case is not finished yet, however one implication is that a no re-employment provision drafted into a settlement agreement could perhaps be considered to be a violation of BPC 16600. Depending on other terms of the contract (i.e. whether or not there is a severability clause), either the entire agreement or just the restriction could be voided. If the settlement agreement is voided, then the employer will have paid the money and have no settlement. Of course, this would probably sort itself out, but it will cost (a) time and (b) money. Not a good square to land on. Alternatively, just that clause may be voided, in which case the employer will have paid the money and then the employee could re-apply, and claim retaliation if he or she is not hired. Again, not a place where an employer wants to be after settling a litigation.

Non-compete agreements remain a battleground issue in California, even with the strong language of BPC 16600 and accompanying California Supreme Court decisions, so we’re sure there will be more to follow on this topic…

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of December 2014, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 8 States outside of California and 9 foreign countries — in over 380 legal matters.

For more information about this topic or to speak with Chris Adishian:

EL SEGUNDO, CA (July 2014)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the Southbay Magazine 2014 Trusted Advisors issue.

As the magazine states, “Behind every successful individual and company, you’ll likely find a trusted advisor-or a team of them. Professional experts inform you about your options, help you explore new ideas and discover solutions, and work with you to navigate the road ahead. It’s essential to select a proficient team of trusted advisors when making decisions that impact you, your business, your home and your family. The South Bay specialists on the following pages have expertise in a variety of fields. They are known for innovative solutions and top-notch client care … and they are who our readers tum to when making important life decisions.

“Adishian Law Group practices corporate, real estate and employment law. Their work includes leading mission-critical transactions and litigation, and employment cases involving highly compensated professionals and executives often with significant equity. Owner Chris Adishian, raised in Palos Verdes, started the firm in 2003, after working at Arthur Andersen and investment bank Montgomery Securities in San Francisco.”

Tell us something unique about your business.

“Our business and real estate clients benefit by having a legal team that is equally comfortable with legal briefs and complex financial models. Through our affiliated property management firm, Adishian Capital, we provide ‘family office’ real estate capabilities, giving our clients relationship continuity across all their real estate activities. In our employment practice, we represent both plaintiffs and defendants. We believe this dual experience saves our clients time and money in preventing litigation as well as litigating, valuing and resolving claims. In all areas, clients appreciate our communication and follow-through.”

Why does your industry appeal to you?

“The practice of law is ultimately a ‘helping’ profession. We exist to apply our skills and abilities to help our clients achieve goals and results that they could not achieve on their own. That is fulfilling.”

How do you give back to your community?

“Recently I was appointed as a Trustee to the governing body of Chadwick School and Chadwick International. It is part of our firm mission to contribute pro-bono services and make monetary donations to a diverse set of organizations.”

How does a client start a relationship with your firm?

“The attorney-client relationship is very important. After an initial inquiry or referral, we like to have an in-person meeting or conference call to listen to the prospective client’s needs. If we believe our skills will help the client and there is a shared sense of goals and expectations, we will proceed with an engagement.”

Give us a great piece of advice on how we can protect ourselves and our families.

“Be a good person. Treat people with respect. Do what you say you are going to do. Don’t take what is not yours. Buy insurance. Establish a relationship with an excellent, trusted attorney.”

(To read the original SouthBay magazine version click here.)

About Adishian Law Group, P.C.

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of March 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 4 States outside of California and 9 foreign countries — in over 340 legal matters.

To arrange a call with Adishian Law Group or for more information about this article appearing in Southbay Magazine 2014, please Contact Us.

This article revisits our recurring discussion of attorney’s fees, with a focus on attorney’s fees in contracts.

Does California Allow One-Way Attorney’s Fees in Contracts? The short answer is generally, “No.”

Pursuant to California Civil Code 1717 “In any action on a contract, where the contract specifically provides that attorney’s fees and costs, which are incurred to enforce that contract, shall be awarded either to one of the parties or to the prevailing party, then the party who is determined to be the party prevailing on the contract, whether he or she is the party specified in the contract or not, shall be entitled to reasonable attorney’s fees in addition to other costs.” (emphasis added).

In practice this means the party with the stronger bargaining power cannot create a “one-way” provision. Also this is a caution for many parties who are forming contracts in California but are unfamiliar with this provision.

What happens if a one-way provision is contained in a contract and the contract is executed? What determines the contract interpretation, the contract or the Statute? Probably no surprise here….Statute wins, and the Court will interpret and apply the contract in a manner consistent with California Public Policy as codified by CCC 1717.

There is a limited exception in 1717 “Where a contract provides for attorney’s fees, as set forth above,that provision shall be construed as applying to the entire contract, unless each party was represented by counsel in the negotiation and execution of the contract, and the fact of that representation is specified in the contract.”

About Adishian Law Group, P.C. Adishian Law Group, (www.AdishianLaw.com) is a California law firm with a statewide practice

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in the areas of Corporate law, Employment law, Real Estate law, Arbitration/Mediation Services and Class Actions (selective). Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of December 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 7 States outside of California and 9 foreign countries—in over

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For more information about this topic or to speak with Chris Adishian:

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This article focuses on attorney’s fees clauses in real estate leases. The principles here could apply to any written contract. Often times, the negotiation of attorney’s fees and the implications of having these clause become the “Game Within The Game:”

In California, unless attorney’s fees are provided for by statute or contract, each party will absorb his/her/its litigation fees. This becomes a consideration in whether or not to pursue litigation, or settling a claim. To use a simple example, if it will cost a Plaintiff $50,000 of attorneys fees (plus time, etc. etc.) to recover $50,000, such that Plaintiff’s net recovery is zero, is it worth it? Probably not.

Attorney’s fees provision change this calculation by granting the winner his/her/its attorney’s fees on top of the recovery. For example, if it will cost you $50,000 of attorneys’ fees to recover $50,000, but there is a statutory or contractual provision for attorneys’ fees to the prevailing party, then suddenly the Plaintiff’s net recovery is $50,000. On the other side, the Defendant’s exposure is much higher, as Defendant is now possibly paying 2x the original amount at issue.

As a Landlord when you are drafting your leases, look carefully at the attorney’s fee provision. Residential landlords generally have more assets and more bargaining power than tenants. Commercial landlords, aside from situations involving large national tenants (i.e. Home Depot, Walgreens, etc.), also generally have more assets and more bargaining power than their tenants. Given this relative relationship, Landlord’s often mistakenly believe that having an attorney’s fee provision in a lease will be a deterrent to litigation. Often times it is just the opposite.

Attorneys representing Plaintiff tenants (particularly residential tenants) typically work on a contingency basis, with the backing of an attorney’s fee provision in the event that they prevail. This is generally the first inquiry that a contingency attorney will take in evaluating a plaintiff’s case.

Landlords often don’t consider these provisions, or if they do, they mistakenly believe that the tenant will fear the prospect of paying Landlord’s attorney’s\ fees and it will be an effective deterrent. In the majority of cases, where there is a significant disparity between the Landlord and Tenant in terms of assets, resources and bargaining power, it is not a deterrent. If you are Landlord with an open ended attorney’s fee provision in your leases, you are inviting Plaintiffs’ attorneys to take a “free shot” with a Plaintiff who may have a marginal case and “nothing to lose” financially.

Better practice in these situations is to include provisions that either (1) cause each party to bear the its own attorney’s fees and costs or (2) limit attorney’s fees to some reasonable amount of money. Where the parties are more evenly matched in terms of assets and bargaining power, then this provision may serve as more of a deterrent to baseless or highly speculative litigation.

About Adishian Law Group, P.C.

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of March 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 4 States outside of California and 9 foreign countries — in over 340 legal matters.

For more information about this topic or to speak with Chris Adishian:

Attorney’s Fees do NOT Count Towards the Jurisdictional Limit in Limited Jurisdiction Cases In California.

This article discusses attorney’s fees in one of the rare cases where we would, and have, represented a Plaintiff in a limited jurisdiction case.

As every lawyer knows, and most non-lawyers, the California Superior State Court system is divided largely into three level based on the “amount in controversy.” Amounts in controversy totaling $10,000 are directed to Small Claims Court, where the parties represent themselves without attorneys. Amounts in controversy greater than $25,000 are directed to the Superior Courts of “Unlimited Jurisdiction.” Amounts in controversy GREATER than $10,000 but less than $25,000 are directed to Superior Courts of “Limited Jurisdiction.”

In Unlimited Jurisdiction, there is no cap on jurisdiction, so there is no theoretical cap on attorney’s fees submitted or awarded provided there is a legal basis for the attorney’s fees, which are adequately supported and approved by the Court. That would seem obvious.

Less obvious though, is what happens to attorney’s fees in limited jurisdiction. For example: Plaintiff has a $10,000 breach of contract claim, and the contract has an attorneys’ fee provision. Defendant may believe that his worst outcome in this case is a $25,000 judgment against him plus his own attorneys’ fees (i.e. $10,000 plus $15,000 in plaintiff’s attorney’s fees, thereby totaling the jurisdictional limit of $25,000). Defendant would be wrong, and it could be an expensive lesson.

California’s Code of Civil Procedure Section 85(a) provides that: “The amount in controversy does not exceed twenty-five thousand dollars ($25,000). As used in this section, “amount in controversy” means the the amount of the demand, or the recovery sought, or the value of the property, or the amount of the lien, that is in controversy in the action, exclusive of attorneys’ fees, interest, and costs.

We’ve seen this arise in the context of commercial security deposits, where commercial leases almost always have attorney’s fee provisions.

The lesson of course is to not only do the right thing, but also in assessing your cost-benefit of litigation, understand that on “either side” a $10,000 dispute in limited jurisdiction court, could result in a liability 5-20x the amount in controversy to the losing party if litigated through trial and attorneys fees are awarded.

About Adishian Law Group, P.C.

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of March 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 4 States outside of California and 9 foreign countries — in over 340 legal matters.

For more information about this topic or to speak with Chris Adishian:

EL SEGUNDO, CA (May/June, 2013)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the Southbay Magazine 2013 Trusted Advisors issue.

As the magazine states, “Your lawyer may be the most important person on your professional team. Whether your legal issue is large or small, a good attorney will inform you about your options and work with you to select the best alternatives…On the following pages we feature some of the South Bay’s most trusted minds in the field of law, many of them well-known for their innovative solutions and top-notch client care. Read on…” The reproduced text of the article follows.

Chris Adishian is a local kid from Palos Verdes Estates, who moved away after high school to explore the world and eventually came home to the South Bay. He graduated from law school in 1994 and worked outside the field for about nine years as a tax professional, investment banker and financial consultant. He started Adishian Law Group in 2003, practicing in the areas of Corporate, Employment and Real Estate law. Based in El Segundo, the firm also has satellite offices in Palo Alto and San Francisco. Chris enjoys spending time with his family (he and his wife are expecting their second child in May), travelling and practicing martial arts and yoga.

What’s most rewarding about your work?

“When our clients express their appreciation to us for making a major positive difference in their businesses, their careers, their investments and ultimately their lives.”

What is the biggest benefit your clients gain from working with you?

“In response to a similar question on Inside the Actors Studio, Christopher Walken said something like, ‘You know, there are a lot great actors, but if you need that “Christopher Walken-type guy,” there is really only one option.’ The same is true in law.”

“We aim to be a force for good.”

What skills are most necessary to be a successful lawyer?

“A Berkeley study identified factors like ‘situational judgment,’ ‘dispositional optimism’ and ‘emotion recognition.’ We agree. We would add creative problem-solving capabilities and a high tolerance for chaos and ambiguity.”

What would you like potential clients to know about you?

“We aim to be a force for good. We willingly embrace the challenges presented by high-stakes transactions or litigation. We believe that our transactional and litigation experience, breadth of professional experience, network and resources are of unique, high value to our clients.”

Why did you choose this profession?

“When I graduated from law school, practicing law was the last thing on my mind. I was fortunate to meet a number of outstanding individuals, some significantly more experienced than I was, who were kind, strong, wise, fair-minded, lived balanced lives, contributed significantly to their community and were financially comfortable. They had one other thing in common: all were lawyers running smaller practices. Eventually, that made a lot of sense to me. It is hard to believe that this fall will be the firm’s 10th anniversary.”

(To read the magazine version click here. To view the article on the South Bay Magazine website, click here.)

About Adishian Law Group, P.C.

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of March 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 4 States outside of California and 9 foreign countries — in over 340 legal matters.

To arrange a call with Adishian Law Group or for more information about this article appearing in Southbay Magazine 2013, please Contact Us.

EL SEGUNDO, CA (March 7, 2013)—Adishian Law Group Plays A Key Role In Reshaping El Segundo as Part of Largest Vertical Land Development Project West of Sepulveda Blvd (PCH) in the South Bay of Los Angeles during 2012-2013

Adishian Law Group in El Segundo, CA announces the closing of a real property transaction that will be among the most beneficial to the City of El Segundo in recent history. It is believed that this project is the largest vertical land development west of Sepulveda/PCH in the entire South Bay of Los Angeles during the last two years. The leaders of the project, known as the “222 Kansas Street Specific Plan,” are SMPO Lab, LLC (www.smpo.com) of Memphis, Tennessee and local developer Mar Ventures, Inc. (www.marventures.com) of Torrance, California. The approximately 4.7 acre parcel in El Segundo had fallen into disuse after International Rectifier (NYSE:IRF) shuttered its computer chip manufacturing facility that had occupied most of the property for many years.

Prior to SMPO acquiring the property, another developer had attempted to develop the site, but was unable to complete its plans. Once SMPO acquired the entire parcel, it entered in a contract to sell approximately 1.6 acres to Mar Ventures. SMPO had plans to build new industrial and laboratory space to house the USDA’s Animal and Plant Health Inspection Service unit that serves Los Angeles International Airport and the Port of Long Beach. Mar Ventures’ plan was to build a 20-unit modern, brick and glass office condo complex fronting Kansas and Grand (www.grandkansas.com). There was only one small detail—Adishian Law Group’s clients owned an existing parcel that was positioned in such a manner as to require their cooperation for the project to go forward as envisioned. Adishian Law Group represented its clients in negotiations with Mar Ventures.

Adishian’s directive was to reach a fair-minded resolution that would protect its clients’ interests, allow the project to go forward, and result in a win for everyone. Had Mar Ventures and SMPO not arrived at a mutually beneficial agreement with Adishian’s clients, the project may not have gone forward all, and certainly would have been delayed and reconfigured.

“All parties wanted the transaction to go forward,” says Adishian Law Group President, Chris Adishian. “Although simple in concept, this deal ultimately required a carefully orchestrated series of transactions that subdivided the original parcel, and then allowed the Mar Ventures’ parcel to be further subdivided into new lots in order to fulfill its ultimate intended use of the land. These transactions included a Lot Line Adjustment, a Letter of Intent, a custom Multi-Party Agreement, a Declaration and Grant of Restrictive Covenants, Conditions and Restrictions, as well as Easements, Grant Deeds, a Conveyance Agreement and an Option Agreement.” Adishian continues, “Like many long range projects of such scale and complexity, this project was a long time in coming. It required the sustained efforts of SMPO, Mar Ventures, the City of El Segundo, Southern California Edison, architects, engineers and some diligent lawyering to steer this project to a successful completion. The SMPO and Mar Ventures teams were first rate, and our friends at Obelisk architects and Denn Engineering also made very valuable contributions.”

The City of El Segundo will benefit in several significant ways. The project transforms land within the city limits that was lying fallow into productive use. The tax base of the city has now improved, and the Grand Avenue corridor has become more aesthetically pleasing. Of course, more employees working within the project will help local El Segundo businesses. Such success in the real estate arena requires a law firm with experience, creativity, credibility and the ability to work cooperatively with a diverse range of parties and interests in order to accomplish the end goal. This successful transaction illustrates why the Adishian Law Group deserves its reputation as a fair-minded, knowledgeable and effective closer of even the most complex real estate transactions.

About Adishian Law Group, P.C.

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of March 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 4 States outside of California and 9 foreign countries — in over 340 legal matters.

For more information about this topic or to speak with Chris Adishian:

EL SEGUNDO, CA (October 15, 2012) Adishian Law Group served as exclusive sell-side counsel to Bay Area Pain Center in its sale to Prospira PainCare.

In one of the most significant M&A transactions for a Bay Area healthcare company this year, Prospira PainCare (www.prospirapc.com) announced the acquisition of Bay Area Pain & Wellness Center (“BAPWC”) (www.bapwc.com) as its initial entry into the massive California market.

The Adishian Law Group represented BAPWC as exclusive sell-side legal counsel throughout the transaction, from letter of intent through execution of deal documents. Prospira’s transaction team included three law firms — two ranked in the Top 60 in the United States by size — and three private equity firms.

Representing BAPWC in the sale of the enterprise to such a sophisticated buyer as Prospira was the type of challenging, complex assignment that lies right in our wheelhouse, states Chris Adishian, President of the Adishian Law Group. â€œOur team brought a wealth of transactional experience to the table, which leveled the playing field and helped the Company reach a “full value” deal that was fair all around.

This confidence in the Adishian firm is testimony to the Principal judgment and the firms breadth and depth of knowledge in sell-side M&A transactions. Prior to quarterbacking corporate and transactional matters as a lawyer, Adishian spent time at Arthur Andersen and the West Coast’s leading investment banking firm, Montgomery Securities.

Says Adishian, We appreciate the trust placed in us by BAPWC, and are grateful for the opportunity to apply our talents towards achieving success for our clients.

About Prospira Pain Care. Prospira PainCare, located in Mountain View, California was founded in August 2012. Prospira PainCare partners with world class interventional pain management physicians and rehabilitation specialists. (www.prospirapc.com)

About Bay Area Pain Center. Since 1999, BAPWC has offered a full complement of pain therapies, from highly specialized interventional treatments, to the most sophisticated interdisciplinary pathways and programs. The Company addresses one of the most complex and challenging problems in society chronic pain. Bay Area Pain & Wellness Center has increased its sphere of influence through geographic expansion from its headquarters facility in Los Gatos to San Francisco and Santa Cruz along with education through publications, lectures and teaching. (www.bapwc.com)

About Adishian Law Group, P.C. Adishian Law Group is a California law firm with a statewide M&A practice led by Chris Adishian. To see other transactions, please view our Case Studies and review other M&A Press Releases.

For more information about this transaction, or if you need help with your sale or acquisition, please contact Chris Adishian: