The Rhode Island Supreme Court recently ruled in favor of Sona Stevens and the late Vartan Baligian, each represented by McIntyre Tate LLP partner David Strachman in a financial exploitation case against Carel Bainum. The ruling for the plaintiff upheld an almost $200, 000 judgment against the abuser
Overview of the Financial Exploitation Case
The case when Bainum tried to rewrite an unsecured loan given by Baligian, the elderly 97 yr old father of Stevens. When an original 2002 $120,000 loan at 8% came due, Bainum took elderly Baligian, unbeknownst to Stevens to a parking lot and had him sign a new 11 yr, interest free loan. Upon learning of Bainum’s actions, Baligian and Stevens filed a fraud case and to prevent Bainum from interacting with him. The Superior Court issued a restraining order against Bainum preventing her from contacting him. After years of Bainum’s delay and obfuscation, the Superior Court awarded judgment of $179,207.65, to Stevens along with prejudgment interest, which prompted Bainum’s resistance via appeal.
Rhode Island Supreme Court Backs Plaintiff’s Arguments
On February 14th, 2018, the case was heard by the Rhode Island Supreme Court with David Strachman of McIntyre Tate LLP arguing on behalf of the plaintiff. Last week the Court ruled Bainum “failed to present any articulable legal argument” and upheld the Superior Court judgment the counts for financial abuse and fraud committed against the elder Baligian.
McIntyre Tate LLP is known throughout Rhode Island for possessing the skill, knowledge, and experience needed to manage complex and high-stakes cases, right up to the Rhode Island Supreme Court if need be. To learn more about the law firm and its services, you can send an email or dial (401) 351-7700 to request an initial consultation.