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October 27, 2023By Michael Cader

Gendell and McGuigan Agree to Payment of Some Commissions

October 27, 2023By Michael Cader

There has been one modest point of agreement in the long-running legal disputes between former Foundry Media Partners Yfat Reiss Gendell and Peter McGuigan. The parties agreed on the least contentious issue before the court: Payment to McGuigan of almost $500,000 in commissions earned from 2020 through 2023. Additional commissions of almost $200,000 from 2016 to 2019 are still in dispute, as are the larger claims and counter-claims between the two. The court has scheduled an evidentiary hearing on December 20 regarding the period still in dispute, and to assess damages, if any, for the failure to previously approve those […]

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Filed Under: Agency News, Legal

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