In a decision that was published in this morning’s New York Law Journal, Justice Pines of Suffolk County denied the defendants-employees’ motion to dismiss their former employer’s claims seeking damages resulting from these employees’ solicitation of the company’s clients (or in legal terms, breach of contract, breach of fiduciary duty, and tortious interference) while they [...]
Yesterday, news outlets worldwide were reporting about the lawsuit that Chrysler filed last week seeking to compel Daimler to continue supplying them with components that are critical to completing the manufacture of the Jeep Grand Cherokee and Chrysler 300 models. At the same time, the news reports indicated that shipments had not stopped as yet. [...]
As the economy continues to founder, it is becoming increasingly common for many businesses, however well-intentioned, to renege on contracts simply because they lack the liquid capital to honor those contracts. Consequently, a critical question facing the savvy and proactive small business owner is this: what can – or should – I do when the [...]