The Ponist Law Group is pleased to announce that founding partner Sean E. Ponist has been selected to both the 2021 San Diego Super Lawyers List as well as the 2021 Northern California Super Lawyer List.  Mr. Ponist’s selection to multiple regions of the State is unique and reflects his presence and accomplishments throughout California.  The Super Lawyer award is bestowed upon those who “demonstrate the highest degree of professional achievement and peer recognition” and is awarded to less than 5% of attorneys based on peer nomination and evaluation as well as independent research.

In the recent decision in the matter of Cheng v. Coastal L.B. Assocs., LLC, Case No. B303519, 2021 WL 4305054 (Sept. 1, 2021), the Court of Appeal for the Second District upheld the trial court’s “order confirming [the] appraisers’ award valuing the parties’ respective 25 percent interests in the LLC at a discounted fair market value.” In the foregoing matter, “Appellant filed an action for involuntary dissolution of the LLC in October 2017. Respondents moved for an order staying the dissolution action and electing to purchase appellant’s [] interests in the LLC pursuant to section 17707.03” which permits the remaining LLC members to purchase the selling interests at fair market value (“FMV”).