Judge: John J. Kralik, Case: 23BBCP00280, Date: 2024-12-06 Tentative Ruling

Case Number: 23BBCP00280    Hearing Date: December 6, 2024    Dept: NCB

Superior Court of California

County of Los Angeles

North Central District

Department B

 

 

janakkumar dineshchandra patel,

                        Petitioner,

            v.

 

oceans v, llc,

                        Respondent.

 

  Case No.:  23BBCP00280

 

   

[TENTATIVE] order RE:

motion for attorney’s fees and costs

 

BACKGROUND

A.    Petition Allegations

On December 26, 2023, Petitioner Janakkumar Dineshchandra Patel (“Petitioner”) filed the Petition for Writ of Mandate to compel inspection and copying of corporate documents under CCP § 1085 and Corporations Code, § 17704.10 against Respondent Oceans V, LLC (“Respondent”).  Petitioner alleges that he is the owner and holder of record of one Class A Membership Unit as defined in the Operating Agreement for Oceans V, LLC dated June 21, 20216 of Respondent as a result of having invested $500,000 and paid an administrative fee of $30,000 pursuant to the terms of a Subscription Agreement executed on November 29, 2016.  Petitioner alleges that he invested in Respondent in part of his effort to obtain lawful permanent residence in the United States (i.e., obtain a green card) under the Employment Based Fifth Preference Immigrant Investor Program (the “EB-5 Program”).  Petitioner alleges that United States Citizenship and Immigration Services (“USCIS”) received his Form I-526 Immigrant Petition by Alien Entrepreneur on March 28, 2017, which USCIS denied; USCIS then denied Petitioner’s appeal. 

Petitioner alleges that pursuant to the terms of the Subscription Agreement, he is entitled to the return of his investment in Respondent and he is worried that Respondent is unable or unwilling to repay him for the investment.  He seeks a preemptory writ of mandate to enforce his rights and inspect Respondent’s books and records.  He alleges that Respondent has ignored his request for inspection in violation of his statutory and contractual inspection rights.

B.     Relevant Background

On June 7, 2024, the Court granted in part Petitioner’s petition for writ of mandate.  The Court declined to award attorney’s fees and costs at the time of petition hearing, but ordered Petitioner to separately file a noticed motion for attorney’s fees.

C.     Motion on Calendar

On June 27, 2024, Petitioner filed a motion for attorney’s fees and costs in the amount of $20,536.00. 

The Court is not in receipt of an opposition brief.

DISCUSSION

A.    Entitlement to Attorney’s Fees

            Petitioner moves for attorney’s fees based on section 11.7 of the Operating Agreement for Oceans V, LLC dated June 21, 2016.  Section 11.7 states:

Attorneys’ Fees. Should a lawsuit or arbitration be commenced to interpret or enforce the terms of this Agreement, the prevailing party shall be entitled to recover costs and attorneys’ fees in addition to any other recovery to which such party may be entitled. 

(Mot., Ex. A [Operating Agreement, § 11.7].)

Here, there is a contractual basis for attorney’s fees in this action.  Petitioner is the prevailing party on the petition for review of Respondent’s corporate records, which was based on Corporations Code, § 17704.10 and the Operating Agreement at sections 8.1 and 8.2.  The petition was largely granted in part in favor of Petitioner.  The motion is not opposed, such that Respondent does not dispute that Petitioner is the prevailing party in this action. 

Thus, as the prevailing party, Petitioner is entitled to fees pursuant to statute. 

B.     Reasonableness of Attorney’s Fees

In support of the request for attorney’s fees in the amount of $20,536, Petitioner provides the declaration of counsel William E. Adams. 

Mr. Adams states that he has over 30 years of legal experience as a trial lawyer representing businesses, lenders, and municipalities in commercial and real estate disputes.  (Adams Decl., ¶2.)  He states that his billing rate was $680 for this action, which is a reduction from his standard hourly rate.  (Id.)  He states that this hourly rate is reasonable based on his experience in the community.  (Id.)  Mr. Adams states that he personally reviewed the invoices for all legal services and has billed 26.6 hours in this matter, and anticipates spending 3.6 hours reviewing the opposition papers, preparing a reply brief, and attending the hearing.  (Id., ¶3.)  Although no invoices are provided, Mr. Adams states that he incurred the 26.6 hours as follows: “document review and background investigation (3.5 hours at a cost of $2380.00); Preparation of the demand letter to Respondent (1.5 hours at a cost of $1020.00); Preparation of the Verified Petition (5.8 hours at a cost of $3944.00); Court appearances (1.5 hours at a cost of $1020.00); Review of documents produced by Respondent (2.7 hours at a cost of $1836.00); Research and briefing of the writ of mandamus (6.9 hours at a cost of $4692.00); Research and briefing fee motion (4.7 hours at a cost of $3196.00).(Id., ¶4.)

The Court finds that the hours spent on this action are reasonable at 26.6 hours.  However, the Court declines to award the anticipated time of 3.6 hours as the motion is not opposed.  The Court will also reduce Mr. Adams’ hourly rate to $600 hour as the petition itself was not a complicated matter.  Thus, taking into account these adjustments, the Court will award a total of $15,960.00 in attorney’s fees (= 26.6 hours x $600/hour). 

CONCLUSION AND ORDER

            Petitioner Janakkumar Dineshchandra Patel’s motion for attorney’s fees is granted in the amount of $15,960.00. 

            Petitioner shall provide notice of this order.

 

DATED:  December 6, 2024                          ___________________________

                                                                              John Kralik

                                                                              Judge of the Superior Court