Lim Ruger Closes EB-5 Financing

Lim Ruger has helped a developer to close on $130,000,000 in EB-5 debt financing for the retail component of a lifestyle center in Buena Park that will also include an office tower and a hotel.  A deal for an additional $20,000,000 in EB-5 equity financing is pending.  The project, which will revitalize the community and provide thousands of jobs, is being undertaken by The Source at Beach, LLC, an affiliate of our long time client M + D Properties, which developed the internationally acclaimed Plaza Mexico in Lynwood.Lim Ruger attorneys John Lim, Marc Manason and Sophia Chang worked on this matter.

Lim Ruger Represents PNF Co. Ltd. In Merger

Lim Ruger represented PNF Co., Ltd. in the acquisition of Luidia, Inc.  PNF is a developer of hardware and software that enhance user interfaces with electronic devices.  The multi-million dollar acquisition was completed by means of a reverse triangular merger pursuant to which PNF merged its wholly-owned subsidiary into Luidia, with Luidia surviving as the wholly-owned subsidiary of PNF.

Lim Ruger Is Excited To Announce Three New Members of The Firm

Former Assistant United States Attorney Pio S. Kim Rejoins Lim Ruger[PORTRAIT] Pio Kim CroppedPio S. Kim has rejoined Lim, Ruger & Kim, LLP as Partner.  He will be focusing on white collar defense and complex business litigation.Mr. Kim previously served as an Assistant United States Attorney for the Central District of California for approximately thirteen years.  He served in the Major Frauds Section and Asset Forfeiture Section of the United States Attorney’s Office in Los Angeles, California.  Mr. Kim prosecuted the largest commercial smuggling case in the history of the United States Customs, involving $418 million in smuggled goods and $95.5 million in property seized by the U.S. government.  While at the U.S. Attorney’s Office, Mr. Kim primarily prosecuted major fraud cases, involving financial institutions, investments, securities, mortgages, health care, commercial smuggling and customs-related matters.  Mr. Kim also has significant experience handling seizure and forfeiture matters.  Mr. Kim was invited to speak on seizures and forfeitures to prosecutors and academia by both the Japanese Ministry of Justice and the Korean Ministry of Justice.  Mr. Kim has extensive trial and significant appeal experience.Prior to join the U.S. Attorney’s Office, he was an Associate and a Partner at Lim Ruger, focusing on complex business litigation, for nine years.Litigator and Trial Attorney Mark Hansen Joins the Lim Ruger TeamphotoLim Ruger is pleased to announce that Mark Hansen, a seasoned litigator and trial attorney whose practice focuses on complex business disputes, has joined the firm as Senior Counsel.  Mr. Hansen’s trial experience includes both jury and non-jury trials.  Similarly, he has broad experience arbitrating and mediating both state and federal cases.  Mr. Hansen is also well-versed in providing pre-litigation counseling to clients to help them anticipate and mitigate their risk exposure.  He has handled a wide array of litigation matters, including commercial, corporate and intellectual property cases, ranging from disputes involving large commercial and government contracts for aircraft and telecommunications satellites, technology transfer contracts, to mass tort actions and trade secret misappropriation and unfair competition suits.In addition, Mr. Hansen is a member of the Los Angeles County Bar Association’s Professional Responsibility and Ethics Committee, and has given many presentations on legal ethics and professional responsibility issues.  He has also published numerous articles on substantive areas of law and has been a speaker and presenter on civil litigation procedure and strategy.Mr. Hansen is a graduate of the University of California, Hastings College of the Law.Lim Ruger Adds Banking, Finance and Regulatory Lawyer Young Park[PORTRAIT] Young ParkYoung H. Park has joined the ranks of Lim Ruger as Of Counsel focusing his practice on banking and finance, mergers and acquisitions, regulatory compliance and corporate governance.  Mr. Park has substantial experience representing financial institutions in connection with de novo bank and bank holding company formations, regulatory compliance, mergers and acquisitions, and capitalization.  He regularly interfaces with federal and state banking regulatory agencies such as the Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Reserve Banks, the FDIC, FinCEN, and the California Department of Business Oversight, among others.

Congratulations To John Lim’s Appointment To The California Bar Foundation

 John Lim IMG_4045 Cropped As of January 1, 2014, senior partner, John Lim has joined the Board of Directors for the California Bar Foundation. Mr. Lim was appointed by the State Bar of California’s Board of Trustees, along with five other new board members, including The Honorable Elena Duarte, Justice of the California Court of Appeal.  “The California Bar Foundation is thrilled to add new leaders with wide-ranging expertise and extensive professional and personal networks to our board,” said Frederick Brown, president of the California Bar.  “With their contributions, and those of returning board members, the California Bar Foundation will continue the work of building a better California legal profession and supporting access to justice for all Californians.”Founded in 1990, the California State Bar Foundation is a 501(c)(3) nonprofit organization affiliated with the State Bar of California, dedicated to building a better justice system for all Californians. The Foundation distributes grants to nonprofit organizations, courts, and bar associations for law-related projects; awards scholarships to law school students committed to public service; promotes and encourages the philanthropic and charitable efforts of California's lawyers; and supports an array of other education and outreach programs.
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