LimNexus LLP

04/13/2021

Jed Donaldson to speak at the Association of Insolvency & Restructuring Advisors (AIRA) 37th Annual Bankruptcy & Restructuring Conference Virtual Series June 8-30, 2021

Jed Donaldson will be a panel member on Can Vendors be Victorious in Chapter 11? How to Maximize your Chances of Recovering Post-Petition and Reclamation Trade Vendor Receivables in Chapter 11, scheduled for June 23rd. The Annual AIRA Conference, which runs from June 8-30, is an in–depth virtual conference which offers attendees the opportunity to participate in both preconference programs – Bankruptcy Taxation and Financial Advisors’ Toolbox – 17 panel presentations on some of the hottest and most relevant topics in bankruptcy and restructuring, plus three keynote presentations. Click for additional information: https://aira.org/AC21

03/31/2021

LimNexus LLP Statement Condemning Violence against Asian Americans

Since the start of the COVID-19 pandemic, the US has seen a sharp increase in incidents of xenophobia and anti-Asian bigotry. According to California State University’s Center for the Study of Hate and Extremism, Los Angeles saw a 114% increase in hate crimes in 2020. With the recent killing of 6 Asian American women in Atlanta, we are again reminded that the fight for racial justice is ongoing.

LimNexus extends its condolences to the families of the victims of the Atlanta tragedy and condemns all acts of violence perpetuated against Asian Americans.

The violence and hate-related attacks are sadly no surprise. A history of anti-Asian bigotry, the forever “foreigner” stereotype, fear, scapegoating, and recent rhetoric by those in positions of power have all contributed to this unfortunate time.

LimNexus believes that the promise of equality and justice for all can be won when we stand in solidarity with one another. The call to action to all of us, including the legal community, is to stand against all forms of bigotry, hate and violence. Stand as an ally and show no tolerance for acts or words that seek to fan the flames of hate. We must set aside our differences of race, ethnicity, religion, and politics and rise peacefully and purposefully to work for racial and social justice for all. LimNexus stands with the Asian American community and will continue to support organizations that work to address racism and xenophobia and help to create safe communities for everyone. If you would like to support our efforts to fight racial animus against Asians, you may donate to the LimNexus Foundation, a nonprofit 501(c)(3), and designate your contribution for the “Social Justice Fund.”*

We can no longer be silent or passive witnesses. Raise your voice and report incidents of hate. Hate incidents can be reported at StandAgainstHate.org, in-language victim assistance can be found at Advancing Justice – LA, and if you would like to participate in Bystander Intervention training click here.

* Checks payable to the LimNexus Foundation should be mailed to 707 Wilshire Blvd., 46F, Los Angeles, CA 90017. If you wish to designate your contribution toward fighting racism please indicate so by noting “Social Justice Fund” when sending your donation.

03/08/2021

Grant Kim to speak at free webinar about Settlement Promotion by International Arbitrators on March 17

LimNexus partner Grant Kim is speaking at a complimentary webinar on March 17 at 8 a.m. Pacific about “Settlement Promotion by International Arbitrators – Convergence of Systems or the Eternal Divide?” The webinar is presented by USC Gould School of Law and JAMS. Professor Klaus Peter Berger, a leading German arbitrator, will discuss the contrasting approaches of civil and common law systems. Grant Kim and specialists from multiple other countries will then provide responsive comments. Mr. Kim has experience with both the common and civil law approaches, having served as an arbitrator or counsel in numerous international arbitrations under the laws of the US, Korea, Switzerland, Germany, France, England, and Taiwan.

02/25/2021

LimNexus LLP, a growing business law firm with global clients, is seeking an experienced Controller/Director of Operations with strong accounting and financial analysis skills to manage and oversee Firm's daily operations, including accounting functions. The Controller/Director of Operations will work closely with Firm Management and key stakeholders across the Firm to develop operational and financial objectives, and implement policies to support the Firm’s goals. Strong project management, communication, and analytical skills are required. The ideal candidate will have the ability to understand law firm operations and finances, and perform supervisory functions over the Firm’s overall management, marketing, IT, and accounting departments. The Controller/Director of Operations reports to the Firm’s Managing Partner and Administrative Partner, and is based in the Los Angeles office (but work involves all of the Firm’s offices).
Responsibilities:
Financial/Accounting:
• Develop and refine of overall firm accounting, billing, and finance procedures, policies and internal controls, and ensuring timely compliance with such protocols
• Analyze AR
• Analyze profitability based on matter/client/department, and firm profit trends
• Analyze ROI on Firm’s marketing efforts
• Develop and maintain executive financial dashboard
• Develop financial impact and planning for firm expansion
• Oversee the preparation of financial monthly operating review, balance sheet, and P&L statements
• Work with CPA in tax document preparation
• Develop operational budget
• Review payroll related disbursements and calculations;
• Research and propose external payroll processing programs
• Perform internal audit of general ledger and monthly reconciliation
• Oversee accurate implementation of reimbursement policies
• Oversee expense processing, reporting for proper coding and recording to appropriate accounts
• Manage the Firm’s banking relationships
Operations:
• Supervise the Accounting Manager
• Oversee Marketing Director’s performance of marketing and related tasks
• Review and approve Firm Administrator proposals for outside vendor contracts and expenses, development of new or modified operational policies
• Review and approve Network Administrator’s proposals for hardware, software licensing, outside IT vendor contracts and expenses, development of new or modified IT and security policies
• Manage the rollout and compliance with Firm’s IT, privacy, HR, and other operational policies in conjunction with Firm Administrator, Network Administrator, Accounting Manager, and Marketing Director
• Review and prepare or recommend updates for policies as appropriate
• Oversee management of the Firm’s assets
• Coordinate evaluations and performance reviews of Firm Administrator, Network Administrator, Accounting Manager, and Marketing Director
• Oversee onboarding, orientation programs for new employees, and exit protocols for departing employees
• Support Equity Partners on business decision making as appropriate
• Ex*****on and implementation of decisions and policies set forth by the Managing Partner / Administrative Partner
Soft Skills and Qualifications:
• Excellent communication, management, and people skills
• Ability to effectively interface with executives and represent the firm externally
• High level of ethical integrity
• Ability to distill complex financial data in simplified and digestible manner
• Ability to keep up with latest trends in law firm management and legal markets in multiple jurisdictions
• Minimum 8 years of experience in a relevant position, including a minimum of five years as a supervisor managing high performance teams
• Ability to work in a fast-pace, dynamic environment
• Experience and understanding of legal services business strongly preferred; experience in a professional service industry required; business experience in different geographical areas of the U.S. and outside the U.S. preferred
• Bachelor’s degree required
• CPA credential a plus
• Excellent working knowledge of general accounting and tax principles
• Knowledge and comfort level working with Quickbooks

Please contact Lisa Yang, [email protected] for any questions or submit a resume.

12/22/2020

LimNexus Obtains Quick Dismissal of Patent Infringement Lawsuit

LimNexus has obtained a quick victory for Zalman USA, a leading maker of CPU coolers, PC cases, and power supplies. Plaintiff Rotablade Systems LLC served Zalman with a patent infringement complaint in November 2020. On December 15, 2020, Rotablade voluntarily dismissed the complaint, after LimNexus provided a detailed explanation of why the patent-in-suit did not cover the Zalman product.

Grant Kim, the lead LimNexus partner, stated: “We are pleased to obtain this quick victory. Patent litigation can be very expensive, even when the claim lacks any merit. Rotablade did the right thing by dismissing its complaint.”

Mr. Kim has over 30 years of experience with patent litigation and has obtained favorable results for numerous clients. For example, he obtained summary judgment of non-infringement for a mobile phone company in a case in the Central District of Illinois, where the court imposed Rule 11 sanctions on the other side and its counsel for pursuing a claim that lacked any reasonable basis.

The Zalman case is Rotablade Systems LLC v. Zalman USA, Case No. 2:20-cv-08504-GW-SK, U.S. District Court for the Central District of California.

11/05/2020

Come and join LimNexus partner at 2020 NAPABA Convention CLE webinar! Our litigation/arbitration partner, Phil Shinn is moderating “The View From Over There – Comparing International Arbitration and U.S. Litigation,” on November 7, 2020, at 11:00 a.m. EST/8:00 a.m. PST. See you there!

10/28/2020

LimNexus LLP Declares Election Day A Firm Holiday. The most fundamental foundation of our democracy is the people’s right to vote. It is a privilege that we should not take for granted, squander or ignore. “Our decision to observe this November 3rd (and the ensuing presidential election days) as our firm holiday is a collective manifestation of our deep appreciation for the value of our voting rights,” declares managing partner, John Lim. Voting matters and we intend to celebrate this cherished right on November 3rd. Please vote and join voters across the nation to power the nation’s democratic process through the ballots we cast.

08/10/2020

LimNexus Litigation partner Grant Kim is speaking at a complimentary webinar on August 20 about “Challenges and Best Practices in the International Arbitration of Patent Validity Disputes,” which is presented by the Silicon Valley Arbitration & Mediation Center and JAMS. It features a panel of top international arbitrators and technology neutrals who will discuss patent validity issues that arise when arbitrating international patent licensing and infringement disputes. Register online here (https://zoom.us/webinar/register/WN_26HYKEvOQBa2oaM_t0Zmng) for August 20 at 9:00 am PT via Zoom.

06/16/2020

We are outraged by the present state of racial injustice in the United States, as evidenced by countless wrongful deaths and harassment of Black Americans at the hands of police, emblematic of social and racial disparities. We must be part of the solution. To read more:

We are outraged by the present state of racial injustice in the United States, as evidenced by countless wrongful deaths and harassment of Black Americans at the hands of police (of which the murder

04/07/2020

The CDC has recommended Americans to wear masks in public to fight the spread of Covid-19. Doctors and nurses need medical grade masks but there is a national shortage of various types of masks. What are the legal and regulatory requirements for masks? How are different masks differentiated and what are the requirements if you want to import them? This article explains some of the legal requirements to consider when importing masks. To read more:

Despite the current Covid-19 public health emergency in the United State which has the most infection cases in the world, many Americans were told that masks do not help unless one is sick. But the

03/03/2020

LimNexus LLP attorneys, Sandy Sakamoto, Kenneth Jones, James Min and Jessica Bradley attended NAMWOLF’s 2020 Driving Diversity & Leadership Conference in Fort Lauderdale, Florida. Partner, James Min has spoken in International Law PAC session on critical must know 2019 changes in US law that could impact trasnational deals. LimNexus is proud to share the value of diversity and inclusion with NAMWOLF.