Mica Nguyen Worthy Obtained Favorable Pre-Suit Settlement

The Client, a general aviation pilot, contracted for the right to purchase a Jet with certain specifications and equipment. However, shortly before production of the aircraft, the manufacturer sought to increase the total contract price and indicated the specified equipment was not available as previously indicated without bundling other items, for which the Client did not contract. The case required analysis of the potential for arbitration compared to the potential for litigation and the analysis of terms of the proposed aircraft purchase agreement. The Jet manufacturer demanded the Client’s agreement to the new terms on a short deadline, but Mica was able to work quickly and diligently to persuade the Jet manufacturer to come to a suitable resolution that involved a buy-back of the Jet position at a commercial rate beneficial to the Client.