In 2007, the firm represented the Charles T. Bauer Foundation, a charitable organization created by the late Ted Bauer, founder of AIM Investments. The Foundation was an intervenor in a lawsuit brought by Mr. Bauer’s estranged spouse against his estate alleging that he mismanaged community property during his lifetime. Plaintiff alleged over $300 million in damages, an amount that would have depleted all of the Foundation’s funds. The lawsuit was settled on very favorable terms, and the Foundation was able to continue its charitable giving without substantial interruption.
