In Cook v. Patient Edu, LLC, 2013 WL 2501940 (Mass.), the Massachusetts Supreme Judicial Court has held that under Massachusetts state law (specifically, the Wage Act), managers of a limited liability company can be found liable for unpaid wages to employees of the LLC.
Law and the Multiverse, a blog dedicated to the legal analysis of comic books and other related media, has a very fun but informative overview of trade secret law.
Oregon, which previously passed a benefit corporation statute, has now become the second state in the country to enact benefit limited liability company (BLLC) legislation. House Bill 2296, signed by Governor Kitzhaber, authorizes the creation of LLCs that do not have profit as their primary purpose.
Chapter 9 (Steps in a Civil Case) of Business Law Basics is now available online.
We have previously discussed a number of legal issues relating to the electronic currency known as Bitcoin, including implications with respect to corporate and estate law. The news broke Friday of the first-ever government seizure of Bitcoins, conducted by the Drug Enforcement Agency. The details can be found in the technology blog io9.com: