Klein & Wilson is pleased to report that following a $1,162,660 jury verdict in its client's favor, the defendants settled the case by agreeing to pay Klein & Wilson's client $1,850,000.
Be Careful in Becoming a Minority Shareholder in a Corporation or Minority Member in a Limited Liability Company
While two percentage points may seem like a very small difference in power in running a company, those two percentage points can make all the difference in the world. Under the law, there is an immense difference between being a 51 percent owner and a 49 percent owner. Unless there is a shareholder agreement or an operating agreement that protects the rights of minority interests, a minority owner has few legal rights.
When talking to unrepresented people - don't deceive them
Emily Post, the Queen of etiquette, said, "there is no excuse for the most unfilial act of all--deception." While she was advising on an unrelated subject, her message rings true for attorneys.
What you should know about settlement conferences
Despite what they may say about litigation, companies do not want to be dragged kicking and screaming to into lawsuits; especially when they believe that the suit is an organized form of bullying or exploitation. Nevertheless, in today’s business climate, this tends to happen; and if it happens to your business, it is helpful to be prepared for the process.
Why data collection best practices are essential
If you are creating a brand through a start-up company, customer lists and feedback are nearly as valuable as your offerings. After all, knowing how your customers think, shop and react to new products are essential to remaining relevant in the marketplace. Suffice it to say, collecting information on customers has become a mainstream practice for businesses across industries.
Partnerships and contractor compensation decisions
In a business partnership, there are many decisions to make. Some of these decisions can have big financial implications for a business, and thus major ramifications for all of the partners.
Three ways to protect your business after being sued
While the old adage "you're not doing well in business until you get sued" may have lost some of its luster in today's economy, the specter of a lawsuit is something entrepreneurs and business owners should never dismiss out of hand. To some, a lawsuit is more than just an attempt to address a legal issue. It could be a means of settling a score, or a form of "legal" intimidation.
In-N-Out Burger files trademark suit to protect its brand
In today’s marketplace, competition among burger chains involves more than just McDonald’s, Burger King and Wendy’s. Upstart chains such as Smashburger, Shake Shack and Burger Burger are providing stiff competition to fast food stalwarts. Like other fast food options, name recognition is critical, which is why hamburger franchise In-N-Out Burger has staunchly defended its brand names.
What to expect with a subpoena
In the course of litigation, one thing is certain: discovery. This is the process of gathering information from opposing parties (or specifically related third parties) to identify or resolve issues in the case. Sometimes discovery will consist of written interrogatories that will need to be answered within a certain amount of time. In some circumstances, a subpoena will be served.
Labor Department rebuffed in pay discrimination probe
In prior posts, we have highlighted why it is important for companies to protect proprietary information, as such data can be vital to the success of a business. It also can have legal implications because of how negligent perseveration of private information, especially employees’ personal data, can be actionable.
