APPELLATE UPDATE TO A&B V. NMA VICTORY
LiMandri & Jonna LLP is proud to announce that the Fourth Appellate District has upheld in full their win in favor of their clients A&B Market Plus, Inc. and others against the Neighborhood Market Association and its former President Mark Arabo.
The Neighborhood Market Association is a trade association that lobbies on behalf of small grocery and convenience stores in Southern California and nationally. After two years of lengthy litigation, which included a five-week bench trial, in January 2018, A&B Market Plus and other member stores obtained a judgment in their favor finding that former President Mark Arabo had breached his fiduciary duties to the Neighborhood Market Association, had to step down as President, and had to pay back nearly a quarter of a million dollars.
Mr. Arabo appealed the judgment against him, but on March 25, 2021, the Fourth Appellate District upheld the judgment in full. Mr. Arabo has not pursued any further appeals, and after he paid A&B Market Plus’s appellate costs, LiMandri & Jonna LLP filed a satisfaction of judgment. This long-running legal saga, spawning multiple lawsuits in both state and federal court, is now officially over. The appeal was titled: A&B Mkt. Plus, Inc. v. Arabo, No. D073850, 2021 WL 1134899 (Cal. Ct. App. Mar. 25, 2021), as modified on denial of reh’g (Apr. 8, 2021).