Laredo Speaks on Role of a Lawyer

Marc Laredo spoke to a class of Northeastern University entrepreneurship students in November 2013 on the role of a lawyer in a new business: why entrepreneurs need lawyers and how to hire a lawyer who’s a good match for the company.

Laredo Chairs Course on Avoiding Disputes

On September 26, 2013, Marc Laredo chairs “Representing the Closely-Held Entity—How to Avoid Disputes and Resolve Them When They Arise,” a Massachusetts Bar Association continuing legal education course. The discussion will include selecting the proper type of entity; the appropriate structure of funding; the importance and type of written agreements and other documents for owners; and tax compliance, as well as practical guidance on how to handle disputes that do arise.

Marc Laredo is Reappointed Co-Chair of Law Day Task Force

In August 2012, Marc Laredo was reappointed the Co-chair for the Massachusetts Bar Association’s Law Day Task Force.

Laredo Speaks on Attorney-Client Confidentiality at National Conference of Law Libraries

Attorney Marc Laredo and University of North Carolina Assoc. Professor and Director of the Law Library Anne Klinefelter ran a session entitled “Attorney-Client Confidentiality Challenges” at the American Association of Law Libraries national meeting on July 22, 2012.

Attorneys Laredo and Smith Named “Top Rated Lawyers”

L&S partners Marc C. Laredo and Mark D. Smith were named “Top Rated Lawyers” in the 2012 LexisNexis Martindale-Hubbell list included in the April 26, 2012 Boston Globe. They are rated AV® Preeminent™, the highest peer review rating available.

What CPAs Need to Know About Shareholder Duties in Closely-Held Corporations in Massachusetts

By Marc. C. Laredo

CPAs need to understand the rights and obligations that shareholders of closely-held businesses in Massachusetts owe to one another. CPAs also play a critical role in helping shareholders craft agreements and resolve disagreements among themselves. This article provides an overview of the legal framework in which closely-held corporations in Massachusetts function, including the definition of a closely-held corporation, the general rules that govern the shareholders of these entities, the importance of careful planning to avoid disputes among shareholders, and available remedies when disputes do arise.

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This article first appeared on MSCPAonline.org, Summer 2009.

Shareholder Duties and Disputes in Closely-Held Corporations in Massachusetts

By Marc C. Laredo

Over thirty years ago, the Supreme Judicial Court issued its landmark ruling in Donahue v. Rodd Electrotype Co. of New England, Inc. in which it established standards for the governance of closely held corporations in Massachusetts and held that each shareholder in a closely-held corporation owes a fiduciary duty to other shareholders. In the years since this decision, courts have analyzed an array of issues involving management and control of closely-held corporations. This article reviews the ruling and then discusses significant developments that followed.

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Supplement: The Attorney-Client Privilege in the Business Context in Massachusetts

By Marc C. Laredo

The attorney-client privilege protects confidential communications — between a client or prospective client and an attorney — made for the primary purpose of obtaining legal advice or assistance. This is an update to the previously published article by Marc Laredo on attorney-client privilege in the business context in Massachusetts.

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The Attorney-Client Privilege in the Business Context in Massachusetts

By Marc C. Laredo

The attorney-client privilege protects confidential communications — between a client or prospective client and an attorney — made for the primary purpose of obtaining legal advice or assistance. Except in a few limited circumstances, the attorney cannot reveal these confidential communications to a third party or in the course of any legal proceeding. The applicability of the attorney-client privilege is usually fought out in the courtroom. The underlying communications that are the subject of those disputes, however, may occur far earlier, oftentimes before either a cause of action comes into existence or litigation is ever contemplated.

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An Overview Of Massachusetts Trade Secret Law

By Marc C. Laredo

Virtually all business entities have information that they consider proprietary and confidential. Whether such information is truly a trade secret whose use by others can be limited or barred depends on a number of factors, including the nature of the information sought to be protected and the measures taken to preserve its confidentiality.

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