Sheppard MullinSpecial Counsel

Isaiah Zachary Weedn

About Isaiah Zachary Weedn

Isaiah Zachary Weedn is a lawyer practicing litigation, bankruptcy and restructuring, cannabis and 6 other areas of law. Isaiah received a B.S. degree from University of Southern California, and has been licensed for 23 years. Isaiah practices at Sheppard Mullin in Costa Mesa, CA.

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Services

Areas of Law

  • Litigation
  • Business Law
  • Other 7
    • Bankruptcy and Restructuring
    • Cannabis
    • Construction
    • Financial Services
    • Healthcare
    • Mortgage Banking
    • Multifamily Housing

Practice Details

  • Firm Information
    Position
    Special Counsel
    Firm Name
    Sheppard Mullin
  • Representative Cases & Transactions
    Cases
    Experience: Representative Matters: Representation of international law firm in a malpractice lawsuit brought by a former client who had also refused to pay hundreds of thous
    s of dollars of the firm's invoices. The former client had been sued by his brother for, among other things, breach of their agreement to sell their jointly-owned business. The former client hired Mr. Weedn's client to replace his existing counsel after losing a motion for appointment of a receiver to take control of
    sell the company. The firm zealously represented the former client through an appeal of the order appointing the receiver while concurrently engaging in heavy litigation at the trial court level. Mr. Weedn's client ultimately withdrew from the representation after several of its invoices went unpaid. Rather than pay the firm's invoices, the former client sued for malpractice, alleging that Mr. Weedn's client was liable for tens of millions of dollars in alleged damages based on their purported failure to identify
    assert a particular statutory defense that supposedly would have defeated appointment of a receiver. The former client
    his counsel were simply wrong
    the purported statutory defense did not apply in the underlying case
    would not have defeated the motion for appointment of a receiver
    , in any case, Mr. Weedn's client was not retained until after the motion had already been fully-briefed, heard,
    ruled on by the trial court judge
    after prior counsel had filed a notice of appeal. Discovery confirmed that the former client's sole basis for refusing to pay Mr. Weedn's client's invoices was the supposed failure to identify
    assert the purported statutory defense. Accordingly, Mr. Weedn filed
    prevailed on a motion for summary judgment of the former client's malpractice complaint as well as summary adjudication of Mr. Weedn's client's cross-complaint for unpaid legal fees. In addition, Mr. Weedn obtained a $440,000 sanctions award against the former client
    his attorney based on their assertion of, in the trial court's words, 'a clearly fallacious legal theory.'
    Representation of a financial institution in bankruptcy court proceedings to recover improperly divested assets. The bankruptcy debtor owed Mr. Weedn's client nearly $5 million
    attempted to deceive the bankruptcy court
    Mr. Weedn's client by claiming he either did not own an interest in or was merely a minority shareholder of certain corporations that owned valuable assets. In fact, the debtor was the 100% owner of
    in complete control of the corporations, which he caused to transfer millions of dollars of assets to third parties after his bankruptcy filing. As sole trial counsel, Mr. Weedn proved the debtor
    his accomplices' fraudulent scheme. The bankruptcy court entered judgment in Mr. Weedn's client's favor, determining the debtor was the 100% owner of the corporations
    enabling the bankruptcy trustee to pursue recovery of the corporations' improperly divested assets from the various recipients.
    Representation of a receiver in a contentious commercial foreclosure matter. Mr. Weedn's client was appointed as receiver for properties that included hundreds of multi-family, hospitality, commercial, single-family residential, restaurant,
    mixed-use units. The defendants/owners of the properties belatedly objected to the receiver's fees, sought unauthorized discovery from the receiver in connection with his final report
    account,
    even took the extraordinary step of moving for an order holding the receiver in contempt of court. Mr. Weedn successfully blocked the defendants' discovery efforts, obtained a court order approving 100% of the receiver's fees,
    defeated the defendants' motion for an order holding the receiver in contempt.
    Representation of a wealth management firm in a lawsuit against its former employees for misappropriation of trade secrets. While they were employed by Mr. Weedn's client, two high-level executives secretly planned to steal
    use non-public, confidential,
    trade secret information to take to a competitor or start their own new, competing wealth management business, including information about: (a) high net worth clients, including highly confidential information concerning client names
    contact information, assets under management, bank account balances, trading strategies, trust terms, planning goals, investment objectives, risk tolerance, assets, liabilities, income, expenses, taxes,
    similar highly confidential client data

    (b) key employees, including information about their compensation, specialized expertise, level of involvement in specific client relationships,
    similar highly confidential information. After a multi-day hearing, Mr. Weedn obtained a preliminary injunction against the scheming ex-employees, preventing them from using the misappropriated trade secrets. The dispute settled shortly thereafter on terms favorable to Mr. Weedn's client.
    Representation of a financial institution in the defense of lender liability claims. Mr. Weedn's client loaned a large church more than $28 million for the redevelopment of their Los Angeles campus. The borrower mismanaged the construction project, forcing Mr. Weedn's client to eventually foreclose on the property. The church responded by suing Mr. Weedn's client for damages in excess of $50 million
    taking various actions to prevent the client from selling the property post-foreclosure. Mr. Weedn removed the cloud on the property's title (permitting the client to sell it during the pendency of the lawsuit), defeated the vast majority of the plaintiff's claims via summary adjudication,
    ultimately prevailed on the remaining claims after an eight-day jury trial. Mr. Weedn's client was awarded more than $2 million dollars to compensate for the attorney fees
    litigation costs the company was forced to incur during the lawsuit.
    Representation of a California county in defense of ADA discrimination claims. Several community organizations filed suit against the county alleging discrimination against persons with mental
    /or developmental disabilities in connection with the administration of a county-administered welfare benefits program. Mr. Weedn represented the county throughout the litigation
    spear-headed approximately eight months of intensive, complex settlement discussions
    multiple mediation sessions. After approximately two years of litigation, the plaintiffs voluntarily dismissed their claims.
    Representation of a financial institution in a breach of loan agreement
    guaranty litigation. Mr. Weedn's client loaned a winery nearly $5 million based in part on the owner's personal guaranty. The borrower failed to repay the loan
    the guarantor filed for bankruptcy, representing that his assets were far less than what he had represented to Mr. Weedn's client to obtain the loan for his company. The guarantor then transferred virtually all of the borrower's valuable assets to another company to continue the business
    avoid collection. Mr. Weedn prevailed at trial
    obtained a judgement against the borrower for the full amount of the debt (plus interest)
    later successfully moved to add the successor company to that judgment. Mr. Weedn also prevailed at trial against the guarantor in bankruptcy court
    obtained a judgment denying the guarantor a bankruptcy discharge of his debt to Mr. Weedn's client.
    Representation of a financial institution in a breach of guaranty arbitration. Mr. Weedn's client loaned a developer more than $20 million for redevelopment financing of a historic, 1930's art deco office building located in Downtown Los Angeles. The development plan called for a luxury loft conversion that preserved the historic architecture, allowing the developer to obtain additional equity investment in exchange for historic tax credits. An entity related to Mr. Weedn's client provided this additional equity investment. The developer ultimately defaulted on the loan
    Mr. Weedn's client foreclosed, leaving a deficiency of over $13.5 million. The loan guarantor refused to pay the deficiency
    later filed a separate counter-suit, claiming that Mr. Weedn's client
    the related equity investor had colluded with one another from the very outset of the deal
    that steps taken to preserve the historic tax credits had depressed the value of the building at the foreclosure sale. Prior to the arbitration, the guarantor proposed to settle all matters in exchange for a $20 million payment by Mr. Weedn's client to the guarantor. Unfortunately for the guarantor, the arbitrator did not accept the guarantor's defenses
    awarded Mr. Weedn's client the full amount of the deficiency plus all pre-award interest - a total of more than $18.5 million.
    Representation of physicians/partners in an oncology practice. Mr. Weedn's clients elected to withdraw from their partnership with another oncologist. Their former partner responded by locking them out of the partnership's patient management system, preventing them from accessing records for patients under their care. Mr. Weedn quickly obtained a court order requiring the immediate release of his clients' patient records.
    Representation of private equity firm in a l
    lease dispute with a Southern California municipality. Mr. Weedn's client had owned
    sold a large multi-family residential property that was subject to a l
    lease with the municipality. A six figure portion of the purchase price was held back in an escrow account pending the municipality's final audit of the property's income. The municipality ultimately laid claim to the entire escrowed sum plus additional amounts for purported underpayments of amounts due under the l
    lease
    auditor
    attorneys' fees. A mediation ultimately resulted in Mr. Weedn's client receiving the majority of the escrowed sum with no liability for the municipality's auditor or attorneys' fees. Convincing evidence was presented concerning the clear inadequacy of the municipality's audit
    the client's payment of all amounts due under the lease.
    Representation of private equity firm in a contract dispute with its joint venture partner. Mr. Weedn's client
    its joint venture partner were co-owners of two portfolios of large multi-family residential properties located in the Western United States. A dispute arose concerning the extensive remodeling
    management of one of the portfolios' larger properties
    litigation ensued. Mr. Weedn spear-headed documentation of the agreement that permitted the parties to settle their dispute while also preserving their ongoing business relationship.
    Representation of a commercial property l
    lord in a lawsuit against a former tenant who vacated the premises several years prior to lease expiration. The tenant, a large electronics retailer, had been acquired by a competitor who proceeded to close many of the tenant's locations without compensating l
    lords. The defendant agreed to pay a seven figure sum in settlement after being sanctioned by the court
    losing a motion to compel discovery concerning the relationship between the tenant
    its new parent company.
    Representation of a real estate investment firm in a lawsuit against the company's former head of sales
    his new employer for breach of contract, breach of fiduciary duty,
    misappropriation of trade secrets. The former head of sales left Mr. Weedn's client for a direct competitor, taking two key employees
    a wealth of confidential business planning
    sales lead information with him. The defendants agreed to discontinue use of all confidential materials obtained from Mr. Weedn's client, make guaranteed settlement payments to Mr. Weedn's client of $2 million,
    additional contingent settlement payments potentially totaling $1.2 million.
    Representation of a mortgage lender in a class action concerning disclosure of loan fees. Representatives of a putative class of mortgage borrowers accused Mr. Weedn's client of misrepresenting the various fees
    costs associated with the origination of their mortgage loans
    sought recovery of tens of millions of dollars.Class counsel dem
    ed $40 million to settle the case. Rather than take that offer, Mr. Weedn filed a motion for summary judgment arguing, among other things, that the alleged misrepresentations were immaterial in light of the fact that all borrowers had been fully informed concerning the amounts
    types of fees they were being charged. The court agreed
    the case was dismissed.
    Representation of international metals trader in a breach of contract lawsuit against a metals dealer. Mr. Weedn's client had an oral contract to purchase 100 tons of metal from a Los Angeles based metals dealer. However, the market value of the metal nearly doubled before the dealer was required to ship it to the client. Instead of making good on the deal, the dealer sold the majority of the metal to other buyers at higher prices
    delivered only 19 tons to Mr. Weedn's client. Mr. Weedn's client refused to pay for the metal delivered
    filed suit against the dealer for additional damages. The dealer counter-sued Mr. Weedn's client
    its CEO for breach of contract, civil theft,
    fraud. After a nine day jury trial in Los Angeles Superior Court, a jury awarded Mr. Weedn's client every cent of its claim (worth in excess of $1.2 million)
    rejected the dealer's claims.
    Representation of red light photo enforcement system provider in a breach of contract action against a municipality. Mr. Weedn represented the client in a week-long arbitration, resulting in an award in excess of $1 million. Mr. Weedn also helped to defeat the defendant's subsequent attempt to have the arbitration award set aside by the Los Angeles Superior Court.
    Representation of a Southern California-based manufacturer in a breach of contract lawsuit against a customer
    its principal owner. Mr. Weedn's client had delivered more than $1.5 million worth of material to its long-time customer. The customer not only failed to pay but also filed for Chapter 7 bankruptcy shortly after a lawsuit was filed. While continuing to pursue an adversary proceeding in bankruptcy court, a second lawsuit against the principal owner was launched in Nevada. This strategy resulted in Mr. Weedn's client obtaining title to a parcel of commercial real estate in Las Vegas
    an additional six figure settlement payment.
    Representation of engineering contractor
    its majority shareholder in a suit by the minority shareholder alleging fraud
    breach of a shareholder buy-sell agreement. The minority shareholder, whose shares had been fairly valued in accordance with the operative buy-sell agreement after his resignation from the company, alleged Mr. Weedn's clients had misled the appointed valuation professionals
    insisted that his shares were worth several million dollars more than the results of the valuation indicated. After several months of litigation, Mr. Weedn negotiated a settlement pay-out to the minority shareholder that was significantly less than what the minority shareholder would have received had he simply accepted the original valuation.
    Representation of computer accessories manufacturer in an embezzlement suit against the company's former CEO. As sole trial counsel, Mr. Weedn tried the matter through to verdict in the Orange County Superior Court. The trial resulted in a six figure judgment in favor of Mr. Weedn's client.
    Representation of a mobile technology company in a lawsuit against the company's former CEO
    his new employer for breach of fiduciary duty
    misappropriation of trade secrets. After filing suit in U.S. District Court, Mr. Weedn negotiated a very favorable settlement which included a pay out to his client in the high six figures.

Experience

  • Bar Admission & Memberships
    Admissions
    2003, California
    U.S. District Court for the Central and Southern Districts of California
    U.S. Ninth Circuit Court of Appeals
    Memberships

    Memberships

    •Mr. Weedn is a member of the Association of Business Trial Lawyers and the Orange County Bar Association.

  • Education & Certifications
    Law School
    University of Southern California
    J.D.
    2003 USC Interdisciplinary Law Journal
    Other Education
    University of Southern California
    B.S.
    1999 completed the undergraduate entrepreneurship program at Marshall's top-ranked Lloyd Greif Center for Entrepreneurial Studies

Isaiah Zachary Weedn

Special Counsel at Sheppard Mullin
Not yet reviewed

650 Town Center Drive, 10th FloorCosta Mesa, CA 92626U.S.A.

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