In the ongoing battle to overturn a $2.5 million damages award, Joseph Manheim, the owner of a business that coordinates US infrastructure investments for foreign nationals seeking EB-5 visas, is taking his case to the Delaware Supreme Court. The award was given after a trial court found that he had funneled funds to himself and another executive.
Manheim’s attorney, Bruce Jameson of Prickett, Jones & Elliott PA, has argued before the court that Manheim should not be held liable for Mandle’s compensation. He claims that Manheim did not need her approval for any of his decisions. The case is currently being reviewed by the court, and Manheim is hopeful that it will rule in his favor and remove the compensation he was ordered to pay to Paula Mandle.
If the Delaware Supreme Court upholds the damages award, it will have significant implications on how businesses operate and handle their finances in the future. It will serve as a reminder to business owners to always ensure that they are operating ethically and transparently when it comes to managing their company’s finances.