Improv Comedy Club Exec Mark Lonow Files Legal Action Against Gerson ‘Budd’ Friedman, His Partner of 24 Years, and Friedman’s Corporations: California Comedy, Inc., and Improv West

Improv Comedy Club Exec Mark Lonow Files Legal Action Against Gerson ‘Budd’ Friedman, His Partner of 24 Years, and Friedman’s Corporations: California Comedy, Inc., and Improv West

Entertainment Editors/Business Editors/Legal Writers

LOS ANGELES–(BUSINESS WIRE)–Sept. 2, 2003

Improv Comedy Club Executive Mark Lonow, a general partner of the world famous and legendary club that has been a celebrity hangout and nightclub where thousands of stand-up comics have jump-started their careers, filed a legal complaint last Thursday (8/28) in Los Angeles Superior Court against his partner of 24 years, Gerson “Budd” Friedman, and Friedman’s two corporations: California Comedy, Inc. and Improv West, Inc.

In the complaint Lonow maintains that Friedman breached the Partners Basic Agreement, committed fraud, breached the Covenant of Good Faith and Fair Dealing, improperly exercised fiduciary duties and diverted assets rightfully belonging to the partnership. Lonow further alleges in the complaint that Friedman practiced unfair competition and engaged in self-dealing.

Lonow is represented in this action by Attorney William Briggs II of the Los Angeles law firm Lavely & Singer (310/556-3501).

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