infolio

Chapter 22 - Family office goes after Bellacourt

Moretti Family Office considered suing Bellacourt for investigation costs and attempted contract deception.

Bellacourt said:

“No contract award. Pilot fees refunded. Vanessa misrepresented consent.”

Family office claimed:

$410,000 in investigation/audit/legal costs.

Bellacourt countered:

Much of audit would have occurred anyway.

Mediation.

Adrian Voss admitted:

He should have verified Florence’s consent independently.

But argued Bellacourt did not know sibling-interest form was false.

True.

Settlement:

Bellacourt pays family office:

$145,000.

Waives remaining claimed pilot fees.

No three-year contract.

Mutual release of known contract claims.

No admission of intentional fraud by Bellacourt.

Why settle?

Cost.

Control failures.

Reputation.

Then Adrian sent Florence a written apology through counsel.

May you like

She chose not to read.

Fine.

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