Genentech, Inc. v. Arendal Mgmt., Inc.

This dispute arose out of a breach of a promise to use grant funds advanced by Genentech, Inc. (Genentech) to produce a medical educational conference. In a prior action filed in California, Genentech obtained a substantial default judgment against two defunct corporations, Physician's Academy for Clinical and Management Excellence, Inc. (PA) and World Conference Holding Company, Inc. (WCH). In this action, Genentech sought to hold Vidar Jorgensen, a number of his companies, and a family trust liable for that judgment. After a lengthy bench trial, a judge of the Superior Court declined to…