Business partner fraud is a serious issue that can lead to financial harm, loss of profits, reputational damage to a company, and costly litigation. It can take many forms, including misrepresentation, misappropriation of business assets, and the use of deceptive...
Trust is one of the most important aspects of any business relationship. Importantly, in business, there are a number of parties who owe fiduciary duty to each other and the company. This is the highest level of loyalty that applies to people placed in a position of...
If you’re an entrepreneur or corporate owner, there is a good chance that you will face a business dispute at some point. From misunderstandings to conflicts that can impact a company’s operations and bottom line, a business dispute should be addressed immediately to...
Facing a lawsuit for a commercial matter can be overwhelming and stressful. You might not only be concerned about how legal action could impact your reputation and bottom line — but you may also be wondering what to do next. Whether you’re a corporate owner,...
Direct versus derivative claims are often confusing, even for seasoned attorneys, and the wrong claim can get an entire case dismissed. How to decide if the plaintiff in a claim for fiduciary duty or conversion should be the company itself, or an owner/shareholder....
In light of the broad allowances of discovery requests under New York law, litigation can be an extremely frustrating experience for clients who sometimes ask, “Why is that relevant?” “Why does the other side even want that?” “Those emails weren’t important...
Money isn’t everything, even when it’s a lot of money. In the recent case The Research Foundation for the State University of New York, v. Inpria Corporation & JSR Corporation, 2024 WL 1345511 (N.D.N.Y. Mar. 29, 2024), despite hundreds of millions of dollars...
When thinking about proving the bigger picture of liability on a motion for summary judgment, an experienced attorney knows that it is vital not to lose track of technical prerequisites to what is, after all, the request for ultimate relief without trial. Even when a...
In the gameshow “The Price Is Right,” if a contestant bids over the price of the item, they lose the whole game. Mechanic’s liens have a similar restriction – if a contractor or subcontractor claims the value of their work is higher than it is, then the owner can...
