Jeffrey I Golden v. O'Melveny & Myers, LLP

I. INTRODUCTION

This dispute arises out of claims that defendant O’Melveny & Myers LLP (“O’Melveny’”) and two of its attorneys, defendants Steven J. Olson (“Olson”) and Jorge deNeve (“deNeve”), committed legal malpractice and breached their fiduciary duties in the course of representing Aletheia Research and Management, Inc. (“Aletheia”). Dkt. 1 (“Compl.”). On November 10, 2014, plaintiff Jeffrey I. Golden (“Golden”), acting in his capacity as Aletheia’s trustee in bankruptcy, filed a complaint against O’Melveny, Olson, and deNeve, asserting claims for: (1) professional negligence (conflict of interest); (2) breach of fiduciary duty; (3) avoidance and recovery of preferential transfers under 11 U.S.C. §§ 548 and 550; (4) avoidance and recovery of fraudulent conveyances (two-year transfers) under 11 U.S.C. §§ 548 and 550; and (5) avoidance and recovery of fraudulent conveyances (four-year transfers) under 11 U.S.C §§ 544 and 550 and Cal. Civ. Code §§ 3439.04, 3439.05, and 3439.07.' Id. On June 15, 2015, pursuant to the arbitration provisions contained in the engagement agreement between O’Melveny and Aletheia, the Court compelled arbitration of…