Recent News


Friedman Stroffe & Gerard selected as one of OC’s top law firms

IRVINE, CA, FEBRUARY 8, 2016 — Friedman Stroffe & Gerard, P.C. (FSG) has been selected by the Orange County Business Journal for its annual list of the top law firms in Orange County.

The list is compiled by Orange County Business Journal staff through surveys distributed to and completed by local law firms.  This is the first year that FSG has submitted the survey data and the firm was immediately selected, ranking #76 in FSG’s first year on the list.  Over 1,000 law firms, comprising over 16,000 attorneys, operate in Orange County, so ranking in the Top 100 is an honor.

“We’re pleased to be recognized by the Orange County Business Journal as one of the top law firms in Orange County,” says James D. Stroffe, managing partner. “We represent a broad spectrum of domestic and foreign clients, from corporations listed on national and regional stock exchanges to family-owned businesses and individuals — and we thank all of them for their support, which has allowed FSG to achieve this recognition.  At FSG, we understand that our job is to support our clients in achieving their objectives in an efficient and cost-effective manner; this award proves that our approach works.”

FSG serves its clients in a wide variety of business transactions and litigation matters. Practice groups include: Corporate & Business; Intellectual Property; Real Estate & Construction; Litigation; and Employment & Labor.

FSG attorneys are not only highly qualified lawyers educated in the nation’s top law schools with backgrounds in reputable private firms, many have also served as in-house attorneys and senior business executives.   See “Attorneys” for further information on the firm’s 12 attorneys.

NEWS RELEASE

Jennifer Stroffe heads “Capital Markets – How and Where Deals Are Getting Done” panel at Real Estate conference

IRVINE, CA, FEBRUARY 24, 2016 — The big question on everyone’s mind at last week’s Orange County State of the Market real estate conference in Irvine was what to expect in the year ahead.  Over 300 commercial real estate professionals attended the event.

Friedman Stroffe & Gerard shareholder and attorney Jennifer Stroffe, who moderated the “Capital Markets – How and Where Deals Are Getting Done” panel, said experts are divided on whether there will be a downturn in the commercial real estate market this year.  Her ad hoc poll of conference attendees was unanimous – no one expects a downturn in 2016! Jennifer’s panel members included: Brian Good, President, Eagle Group Finance; Jason Krupoff, SVP, Bellwether Enterprise; Kevin Kaberna, Senior Managing Director, Greystar Real Estate Partners; and Seth Grossman, Managing Director, Meridian Capital Group.

Carlsbad-based Meridian Capital Group managing director Seth Grossman said ”While we’re very bullish in California, this is the first time since 2011 there is reason to believe things are going to change.” In the past few months, lenders have pulled back on riskier deals, he said. “Lenders are imposing structure, so I think we’re not going to see the world end, not going to fall off a cliff this year, but there is definitely a change in the market, where small or less experienced players will not be treated as ‘institutionally’ as they think they deserve,” Grossman continued.

“Capital has become more selective, though not less available,” said LA-based Greystar Real Estate Partners managing director Shawn Hansen. He said the cost for capital is a little higher than the middle of last year. “We’re also seeing spreads widen—about 25 basis points and are using fixed and floating debt—more floating right now using the big balance sheet lenders.”

Jennifer also asked what factors or variables will impact the market in 2016.   Read an article with more details of the panel discussion.

NEWS RELEASE

Real Estate Conference: “Orange County State of the Market”

Thursday, Feb. 18, 8:00-11:00 a.m.
2600 Michaelson Drive, Irvine, CA 92612
 

Friedman Stroffe & Gerard (FSG) invites our clients and friends of the firm to attend this conference, which features leading national and local figures in real estate. Over 300 people are expected to attend this event.Speakers will include FSG’s Jennifer Stroffe and top real estate professionals from Eagle Group Finance; Bellwether Enterprise; Greystar Real Estate Partners; Meridian Capital Group; TruAmerica; JPI/TDI Companies; LT Global; Casa Laguna Inn & Spa; Atlas Hospitality Group; VTS; UDR Company; Katella Grand; The Wolff Company; Structured Investments; and Ocean West Capital Partners.

We are looking forward to this event, and hope you’ll be able to attend. If you would like to attend, click here for more information (as a special offer to our friends and clients, enter discount code “OCVIP” at checkout to receive a 20% discount).

Topics to include:

Capital Markets
How and Where Deals Are Getting Done

The Future of Anaheim
Hot Sub-market: Opportunities and Challenges

Orange County Real Estate Outlook
From Micro to Macro

FSG shareholder Jennifer Stroffe will moderate the panel on “Capital Markets – How and Where Deals Are Getting Done.” Panelists will include:

Brian Good
President
Eagle Group Finance

Jason Krupoff
SVP
Bellwether Enterprise

Kevin Kaberna
Senior Managing Director
Greystar Real Estate Partners

Seth Grossman
Managing Director
Meridian Capital Group

 

Andrew R. Nelson promoted to Shareholder

IRVINE, CA, JANUARY 18, 2016 — Andrew R. Nelson has been promoted to Shareholder at Friedman Stroffe & Gerard, P.C., a leading transactional and litigation law firm based in Irvine.

Nelson leverages his 14 years of litigation experience to help clients resolve disputes, not only successfully, but cost-efficiently. His practice focuses on avoidance and resolution of commercial disputes, including those involving trade secrets, complex contracts, trademarks, copyrights, and other intellectual property issues and business practices. Nelson has represented clients coming from the defense, financial services, professional staffing, and apparel-footwear-accessories manufacturing and retail industries. A U.S. Army veteran, Nelson has a particular interest helping veteran-owned and veteran-directed businesses.

Outside the office Nelson has chaired the Orange County Bar Association’s Entertainment, Sports & Marketing Section (2015) and is a member of the 82nd Airborne Division Association.

Nelson earned his J.D. from the University of the Pacific (2001), and his B.A. in political science and history from the University of Washington (1998).

NEWS RELEASE

Jennifer V. Stroffe promoted to Shareholder

IRVINE, CA, JANUARY 11, 2016 — Jennifer V. Stroffe has been promoted to Shareholder at Friedman Stroffe & Gerard, P.C., a leading transactional and litigation law firm based in Irvine.

With over 13 years of experience in complex business and real estate transactions, Stroffe acts as outside general counsel to various businesses ranging from local startups to national companies. Her practice focuses on the structuring, negotiating and closing of commercial transactions, including the acquisition, disposition and financing of businesses, real property and personal property. Stroffe provides advice to Firm clients on all types of business matters, from corporate governance, commercial contracts, licensing, leasing and the myriad other corporate and real estate issues faced by most businesses.

Prior to joining FSG, Stroffe was an associate attorney with the Los Angeles office of Latham & Watkins, where her duties were split between the Real Property and Corporate Finance departments. Before beginning her law career, Stroffe was a four year starter on the nationally ranked NCAA Division I Women’s Volleyball Teams for both UC Santa Barbara and Michigan State University and was recognized nationally as an All Big West player and Academic All-American. Raised in Orange County, Jennifer attended Corona Del Mar high school, where she was a two-time first team All-American on its women’s volleyball team, winning unprecedented back-to-back National Championships.

Stroffe earned her J.D. from the University of California, Berkeley, School of Law (Boalt Hall), Master’s degree from Michigan State University, and Bachelor’s Degree, Summa Cum Laude, from the University of California at Santa Barbara. She is a member of the State Bar of California, Orange County Bar Association, Commercial Real Estate Women – Orange County (former president and member of the board of directors), Athletes Touch, and is a licensed real estate broker with the California Bureau of Real Estate.

NEWS RELEASE

Article – Beware of Mistletoe at the Office Holiday Party

Susan Arduengo explains how action sports employers can throw a festive holiday party without a legal hangover.  Read article, reprinted with permission from Shop-Eat-Surf.com.

FSG’s “Legal Briefing” e-newsletter – November 2015 issue

FSG’s “Legal Briefing” enewsletter, November 2015 issue, is now available.  Topics include:

  • Transactional attorney Gregory Brucia joins FSG as shareholder
  • FSG represents Loomworks Apparel in acquisition
  • Article: LA Minimum Wage Law
  • Recent Engagements: Litigation Practice Group
  • Orange County Transactional Network

View newsletter.

FSG adds transactional attorney Gregory Brucia as shareholder

Gregory F. Brucia has joined Friedman Stroffe & Gerard, P.C. (“FSG”) as a shareholder.

Brucia’s major practice areas are Corporate & Business and Real Estate & Construction.  He spent the first several years of his career working in the capital markets practice groups in the New York offices of Baker & McKenzie and Shearman & Sterling, where his focus was on public securities transactions including mergers and acquisitions.  In 2004, he moved to California and diversified his practice beyond securities and mergers and acquisitions to include a wide array of general corporate matters.

Brucia regularly works with entrepreneurs to structure and finance their business opportunities, including activities such as forming new business entities, structuring the relationships among the promoters, investors and various other stakeholders in the business, crafting technology protection and development strategies and helping companies raise sufficient capital to finance and grow their business.  Capital raising transactions include seed money financings, friends and family financings, angel investments and venture capital investments.  Once a startup business is established, Brucia provides on-going assistance as outside general counsel to help clients achieve continued success by effectively and efficiently managing the myriad legal challenges they may confront as their businesses grow.

Brucia received his Bachelor’s Degree from The Wharton School of Business at the University of Pennsylvania in Economics, Concentration in Finance.  He earned his J.D. with Distinction from the Hofstra University School of Law.

“We are very pleased to have Greg Brucia join our firm,” says James D. Stroffe, managing shareholder. “His diversified experience, including working in capital markets, will be a tremendous asset in serving FSG’s clients.”

NEWS RELEASE

FSG represents Loomworks Apparel in acquisition

Branded and private label apparel products manufacturer Delta Galil Industries, an Israeli company, has agreed to acquire the P.J. Salvage brand and other assets from Irvine-based Loomworks Apparel for an undisclosed amount.  Friedman Stroffe & Gerard, P.C. partner Bryan Friedman and associate Jennifer Stroffe represented Loomworks Apparel in all legal aspects of the transaction.   Financial terms of the agreement will not be disclosed.

NEWS RELEASE

“How to Protect Your Business from Staffing Company Wage and Hour Violations”

Businesses that utilize staffing companies should pay close attention to Assembly Bill 1897 (“AB 1897”), which took effect on January 1, 2015. The law imposes joint liability on both the staffing company and the business for the staffing company’s wage and hour violations and/or failure to secure workers’ compensation coverage.  Read the full article.

Questions? Contact Susan at sarduengo@fsglawyers.com.