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Over the last several months, I’ve noticed an unmistakable trend: when people that I encounter in the small business litigation context feel that they’ve been wronged, particularly in the context of a breach of contract or breach of a fiduciary duty, they staunchly refuse to settle their case, even if it makes perfect economic sense. [...]
A trade secret theft lawsuit that was recently filed in upstate New York by the Price Chopper chain store illustrates rather vividly how having your small business’s trade secrets – in this case pricing information – can dramatically impact your bottom line. In its initial suit papers, Price Chopper claims that competitor Giant Market would have someone [...]
On May 21, a Texas jury rendered a verdict against software giant Microsoft, and awarded a relatively small Canadian software company $200 million after finding that Microsoft had infringed on i4i’s proprietary technology. And this isn’t even the first time this year that a jury has found in favor of a much smaller business in [...]
On April 27, a California Federal Court upheld a jury’s $100 million verdict that was rendered in favor of Mattel, Inc., against MGA Entertainment Inc., based on their finding that the concept for the immensely popular Bratz dolls had originated with Mattel, but this idea was pirated, or stolen, by MGA. In rendering his opinion, [...]
Earlier this week, a Texas jury dismissed a software company’s lawsuit against Sun Microsystems which sought damages in the amount of $100 million. In the lawsuit, the software company alleged that after Sun had initially contracted with them to jointly develop certain software, Sun decided about 3 years later that they wanted to go with a different vendor, and transferred [...]
3 Reasons Why
Your Employment Agreement
May be Worthless
NY Breach of Contract Guide:
When You Don't Have a
Written Agreement
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