Anjaneyap, Inc. Obtains $1.275 Million in Right to Attach Orders Against Former CEO Taresh…

first_img Twitter Facebook Pinterest SAN FRANCISCO–(BUSINESS WIRE)–Feb 8, 2021– Gaw | Poe LLP is pleased to announce that it has obtained right to attach orders totaling $1,275,098 on behalf of its clients Anjaneyap, Inc. and its new owners against the company’s former CEO, Taresh Anand, as well as against the former owners of Anjaneyap and also against other companies controlled by Mr. Anand or his friend Saurabh Ranjan. Attachment is a prejudgment remedy authorized under California law that allows a plaintiff to have a lien on the defendant’s assets until final adjudication of the plaintiff’s claims in its lawsuit against the defendant. Plaintiffs Anjaneyap and its new owners have a pending lawsuit against Mr. Anand and his co-defendants alleging, among other things, that they had made materially false representations and warranties to the plaintiffs in connection with their sale of the company to the plaintiffs. On February 1, 2021, the Santa Clara County Superior Court granted Anjaneyap’s contested application for a $650,000 right to attach order against defendant Blaziant Solutions, LLC. Blaziant is a company founded by Mr. Ranjan, who described himself in court filings as a “close friend” of Mr. Anand and who is also the CEO and founder of a venture capital investment fund named CerraCap Ventures. Anjaneyap and the other plaintiffs had brought claims against Blaziant to recover $650,000 that they allege Mr. Anand had caused Anjaneyap to transfer to Blaziant following the December 12, 2019 closing date for the sale of Anjaneyap. This right to attach order had been preceded by a separate right to attach order issued on November 17, 2020. In the first order, the court had permitted attachment of $300,000 of assets belonging to defendant Cerratek Dimensions, Inc., a company owned by Mr. Anand. This attachment order was in regard to $300,000 that Plaintiffs allege Mr. Anand had caused Anjaneyap to transfer to Cerratek on March 24, 2020. Also in the first order, the court had permitted attachment of $159,298.02 against Mr. Anand and his wife Swapnil Anand, and also had permitted attachment of $165,799.98 against former Anjaneyap co-owner Sundeep Bhandal, in connection with a certain Anjaneyap accounts receivable that Plaintiffs allege to be fraudulent. “We are pleased with the Court’s rulings,” said Gaw | Poe LLP partner Randolph Gaw. “In our opinion, the evidence clearly shows that Anjaneyap will probably prevail at trial on these claims, and thus pre-judgment attachment should have been a foregone conclusion.” The lawsuit is captioned Anjaneyap, Inc., et al. v. Taresh Anand, et al., No. 20CV365825 and was filed in the Santa Clara County Superior Court for the State of California. For further questions, please contact Randolph Gaw of Gaw | Poe LLP at 415-766-7451 or [email protected] About Gaw | Poe LLP Gaw | Poe LLP is a San Francisco Bay Area boutique law firm focusing on business litigation, antitrust litigation, and catastrophic injuries. Founded by Stanford Law School graduates Randolph Gaw and Mark Poe, the firm is experienced at handling disputes on behalf of a wide range of clients from small businesses to Fortune 500 companies to high net worth individuals, and was honored by the National Law Journal for obtaining the 37 th largest jury verdict in the country for 2016. For more information, please visit http://www.gawpoe.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005773/en/ CONTACT: Gaw | Poe LLP Randolph Gaw 415-766-7451 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES SOURCE: Gaw | Poe LLP Copyright Business Wire 2021. PUB: 02/08/2021 02:36 PM/DISC: 02/08/2021 02:36 PM http://www.businesswire.com/news/home/20210208005773/en Facebook Pinterest Previous articleTrump lawyers blast impeachment trial as ‘political theater’Next articleGoodfood, Canada’s #1 Meal Kit, Launches its Same-Day Next-Day Delivery Service in Toronto – Right on Time to Simplify Valentine’s Day! Digital AIM Web Support Anjaneyap, Inc. Obtains $1.275 Million in Right to Attach Orders Against Former CEO Taresh Anand and His Associatescenter_img Twitter Local NewsBusiness By Digital AIM Web Support – February 8, 2021 TAGS  WhatsApp WhatsApplast_img read more