by Staff of the Firm | Nov 3, 2016 | Business Management, Legal Ethics, Texas Law Update, Uncategorized
In our previous blog post titled Is My Company’s Lawyer Also My Lawyer?, we talked about attorney-client relationship in the context of an LLC business divorce case. In that case, Yun, one of the two business partners, refused to produce certain documents in her...
by Staff of the Firm | Oct 4, 2016 | Business Management, Deadlock, Disagreement, Partnerships, Uncategorized
This author is not a big fan of fighting sports, but the news of the sale of the Ultimate Fighting Championship (“UFC”) in early July was hard to miss. Nay, it wasn’t the eye-popping price tag ($4 billion) attached to the sale of the company to a group led by talent...
by Staff of the Firm | Aug 9, 2016 | Business Management, Disagreement, Partnerships, Uncategorized
As you know, we write and speak frequently about various issues involving business partnership, including the four Ds (death, disability, divorce, and disagreement). Although many business owners starting a new venture would like to think that they are somehow immune...
by Staff of the Firm | Jul 7, 2016 | Delaware Law Update, LLC, Multiple Owners, New York Law Update, Uncategorized
As the case progressed, Meissner and Yun, the two former business partners, entered the discovery phase.[1] Meissner sought the disclosure of some email threads between Yun and attorney Christopher Kelly. Yun claimed that they were protected by attorney-client...
by Staff of the Firm | Jun 30, 2016 | Delaware Law Update, LLC, Multiple Owners, New York Law Update, Uncategorized
In our previous blog on Meissner v. Yun, a New York case decided under Delaware law, we discussed the importance of a written LLC agreement (sometimes also referred to as member/operating/company agreement, depending on the jurisdiction) that spells out each member’s...
