Oleg (Alex) Stolyar serves as the firm-wide co-chair of the Fiduciary Litigation practice, and has a national practice prosecuting and defending high-stakes breach-of-fiduciary-duty and contractual disputes.  Mr. Stolyar’s experience includes cases across the country from California to Delaware and, among others, New York, Illinois, New Jersey, and Oklahoma in between.   Mr. Stolyar focuses his practice on disputes between majority and minority shareholders, limited and general partners, founders and investors, joint venturers, trustees and beneficiaries and various other disputes between principals and their fiduciaries.  Mr. Stolyar also advises non-profit and corporate directors regarding their fiduciary obligations, and is a frequent speaker on fiduciary duties at various conferences.   

Practice & Background

Mr. Stolyar has broad experience in representing both plaintiffs and defendants in all aspects of complex commercial litigation in both state and federal courts, as well as alternative dispute resolution proceedings (such as arbitration), from prefiling through trial and appeal. Throughout his practice, Mr. Stolyar has represented multiple Fortune 500 companies, as well as a major foreign government, and has litigated cases involving a broad range of legal issues, including breach of contract, breach of fiduciary duties, fraud, RICO, trademark and copyright infringement, probate and commercial real estate disputes.

Mr. Stolyar has served on the board of directors for the Beverly Hills Bar Foundation, and is one of the founders of the Los Angeles East European Bar Association. He is also a contributing author of California Business Litigation, a two-volume attorney’s handbook published by California Continuing Education of the Bar.

Representative Matters

Mr. Stolyar’s recent engagements include:

  • The defense of the former trustees of a half-billion dollar trust, in connection with surcharge claims for tens of millions of dollars for alleged breaches of their fiduciary obligations during their trust administration;
  • The prosecution of a lawsuit for over $50 million against an international hotel management company for breaches of its fiduciary obligations to one of its principals;
  • The prosecution of majority shareholders for abuse of their corporate positions and forcible buy-out of the minority shareholder;
  • The defense of a Canadian entrepreneur in a dispute with his joint venturer, which involved claims for fraud, securities violations, and breaches of fiduciary duty;
  • The prosecution of a partner in an international film financing company, in a multi-million dollar arbitration;
  • The prosecution of a lawsuit for over $30 million against a municipality for breach of contract and promissory estoppel;
  • The representation of a major national contractor in disputes with its subcontractors and a municipality in connection with a $50 million+ project.

Speaking Engagements

  • Speaker, “New Legal Developments Regarding Trustees’ Right to Preserve Their Attorney-Client Privilege.”  Professional Fiduciary Association of California Conference, San Francisco, CA (June 1, 2017);
  • Panelist, “Fiduciary Issues That Can Kill a Deal.” Silicon Valley Opens Doors Conference, Mountain View, CA (May 24, 2017);
  • Panelist, “Fiduciary Liability in Fund Management and in Fund Investment Transactions.” Quarterly Investment Management Roundtable, Dallas, TX (June 9, 2016);
  • Panelist, “Top 10 Fiduciary Landmines in Startup Transactions.” Silicon Valley Opens Doors Conference, Mountain View, CA (May 25, 2016);
  • Panelist, “Fiduciary Duty Conflicts.”  Seminar for Talent Agents and In-House Counsel, Los Angeles, CA (April 21, 2016);
  • Panelist, “Fiduciary Duty Conflicts.”  Seminar for Talent Agents and In-House Counsel, Los Angeles, CA (April 21, 2016);
  • Panelist, “Navigating the Minefields of Fiduciary Liability and Founder/Fund Transactions.” Akin Gump Seminar, New York, NY (October 7, 2015).

Languages

Russian