Shareholder Duties and Disputes in Closely-Held Corporations in Massachusetts

/in , , , /by

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.

View Article (PDF)

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

/in , /by

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.

View Article (PDF)

The Attorney-Client Privilege in the Business Context in Massachusetts

/in , /by

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.

Read more

An Overview Of Massachusetts Trade Secret Law

/in , /by

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.

Read more