Managing a family business is difficult enough when the founding generation is still alive. When the founders pass, however, the legal, business and family issues become much more complex because the adult decision makers that everyone relied upon, respected, and listened to, are gone. The children of Robert Smith – Mary, Josh and Matthew – […]
How to Better Run Your Family Owned Business
Defining and navigating roles and responsibilities in any business is fundamental to the success of that enterprise. To create a culture of professionalism and accountability, every member of the team must have distinct and clear responsibilities. This is often easier said than done in the unique environments that frequently define family businesses. Often, a family […]
How to Avoid the “Accidental” Business Ownership Lawsuit
Founders of privately owned companies somehow always find creative ways to create conflicts among the owners – or would-be owners – of their business ventures. Our attorneys have seen our fair share of disputes among the owners of private partnerships, corporations or limited liability companies. Some disputes arise from a misunderstanding over a particular person […]
Apple Sues Former Product Designer Who Allegedly Stole Trade Secrets
The value of trade secrets never escapes a well-run company. To that end, Apple Inc. has sued a former product designer claiming that he stole the company’s trade secrets to help his new employer, Arris Composites, and then leaked those secrets to the media to advance his own financial interests. The designer, Simon Lancaster, worked […]
Ecolab Sues Former Employee For Allegedly Stealing Trade Secrets
In another high profile trade secret case, water treatment giant Ecolab, Inc. sued one of its former marketing managers, Preston Alexander, and his new company, One Degree Medical, alleging they stole trade secrets to set up a competing business in violation of both the employees’ employment agreement, and state and federal trade secrets laws. EcoLab’s […]
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