![]() ![]() I am proud of the way we have changed peoples lives, helped reduce their fear and helped them to live their dreams and enrich themselves and those around them. What should our readers know about your business? All this informs what we do and how we plan. It also gives my clients the benefit of 20 years of perfect “20/20 hindsight”, having seen the real world exposures and crises faced by thousands of clients we work with. This narrow focus allowed my to understand not just the legal planning required but why it was required, meaning the wide scope of risks successful people face, and all the ways to mange and mitigate those risks. This was initially limiting as there are many other areas of law that are more in demand by consumers and wider in scope in terms of qualified clients, but after being the “bad guy” on the litigation side of the law early in my career, I decided that I would be happiest and most effective protecting people and their hard earned success. I love seeing people succeed, so twenty years ago I made a conscious decision to concentrate my legal practice on Asset Protection and helping successful entrepreneurs, business owners and physicians like those in my family and the people I grew up around, protect what they built. Hi Ike, what do you attribute your success to?įocus. While the general legal principle is that accidents and injuries are an expected result of sports activities and that individuals assume that risk when they participate, the attorney for the person hit by Ferolito's errant shot argued that "anticipating that someone is going to hit a mulligan at point-blank range is not a standard part of the game".We had the good fortune of connecting with Ike Devji and we’ve shared our conversation below. The incident occurred at the 16th hole of the East Orange Golf Course, where Ferolito and his partner had joined together with another pair of players. Golfgate incident įerolito, a resident of the Short Hills section of Millburn, New Jersey, was the target of a lawsuit that claimed that he had been negligent when taking a mulligan at an area golf course and struck another golfer with his ball, knocking him unconscious. While Vultaggio's attorneys pointed to a 2007 estimated value of $430 million for the company, Ferolito estimated that the company that had become Beverage Marketing USA Inc. The New York Supreme Court, Appellate Division ruled that the company could buy out Ferolito's half-interest, which Ferolito had sought to sell to major international beverage companies. ![]() AriZona buyout Īfter a falling-out between the two founding partners, Vultaggio prevailed in a 2012 suit against Ferolito. AriZona Iced Tea, the company's flagship product, was first introduced in 1992. The company ventured into flavored seltzer and its own brand of malt liquor in its early years. John Ferolito is an American entrepreneur who is co-founder of the Arizona Beverage Company, maker of Arizona Iced Tea.įerolito joined with partner Don Vultaggio in the 1970s to establish a Brooklyn-based discount beer and soda delivery company, starting with a used Volkswagen bus and adding trucks as the business grew.
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