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O'Melveny's Putnam Noted for Representation of Spyglass in Bank SuitNovember 22, 2011
O'Melveny & Myers LLP Business Trial & Litigation partner Marvin Putnam is quoted in the November 21, 2011, Law360 article "Film Co. Spyglass Scores Win in Bank's Contract Suit," for his representation of Spyglass in a suit brought by First California Bank. The suit alleged that Spyglass Entertainment Funding LLC breached a contract by failing to abide by the terms of a lending agreement. Putnam told Law360, "First California Bank never had a valid claim of any kind against Spyglass, as the court's dismissal makes clear. But in having pursued one anyway, First California Bank’s baseless strategy could now result in them having to pay Spyglass's attorneys' fees pursuant to the terms of the parties' contract. Simply stated, this lawsuit should never have been filed." Putnam resides in O'Melveny's Century City office.