January 4, 2019Salvage Claim & Attorney’s fees Awarded to Taylor & Taylor’s Client— Winslow Taylor representing Atlantic Coast Marine Group prevailed in a hotly contested maritime salvage claim Winslow Taylor prosecuted against California base Dutra Group, as Owner of the Dredge, Paula Lee.  The 250’, 2095 gross ton dredge barge Paula Lee became disabled in the vicinity of the Beaufort Inlet and in the path of tropical storm Julia on September 15, 2016, when Atlantic Coast Marine Group’s assistance was requested.  Following a successful salvage operation, The Dutra Group failed to honor its legal obligations, requiring the filing of a salvage claim.  A three-member Boat US arbitration panel awarded Winslow Taylor’s client the full amount of damages prayed for, along with interest and attorney’s fees.

January 28, 2019Taylor & Taylor Obtains Dismissal with Prejudice of Securities Class Action for Underwriter Clients — Dan Taylor and William J. Sushon of O’Melveny & Myers LLP, New York, New York representing Piper Jaffray & Co, JMP Securities, LLC and Wedbush Securities Inc. in September 2018 obtained a Recommendation by Magistrate Judge Joi Elizabeth Peake that punitive class action claims brought by plaintiff Victor Miriyala et. al. pursuant to Sections 11, 12(a) and 15 of the Securities Act of 1933 and Sections 10(b)(5) and 20(a) of the Securities Exchange Act of 1934 against be dismissed with prejudice. On January 28, 2019, United States District Judge Catherine C. Eagles accepted the recommend and the plaintiffs’ claims were dismissed with prejudice.

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