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.
Francis Pileggi has the details.
Relatively unnoticed amidst more publicly-awaited rulings, the Supreme Court held that arbitration clauses in contracts which restrict or eliminate a party's right to seek class treatment will be strictly enforced under the Federal Arbitration Act ("FAA"), 9 U.S.C. § 1 et seq.
At Truth on the Market, Michael Sykuta posts thoughts on naked short sales and the SEC's recent victory against them.
At delawarelitigation.com, a roundup of key corporate and commercial decisions from the Delaware courts during the first fi
LLC Law Monitor has a story about Davis v. Winning Streak Sports, LLC, 2013 WL 1010622 (Kan.
Francis Pileggi has a very detailed analysis of the Delaware Court of
At the New York Times, a feature on the business law decisions of the current U.S. Supreme Court.
From yesterday's post, detailing what might be humanity's earliest change of venue, to today's, with one of the latest...