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, […]

Chapter 93 A and Post-Employment Conduct

By Marc C. Laredo The Massachusetts Unfair and Deceptive Trade Practices Act (Chapter 93A) does not apply to disputes between employers and employees or among members of the same legal entity. It is far less clear as t whether and when a Chapter 93A claim will survive when it concerns conduct or events that occur […]

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 […]

Agree To Disagree: How To Break Up Without Destroying The Closely-Held Business

By: Marc C. Laredo, Esq. Laredo & Smith, LLP The break up of a closely-held business, if not properly managed, can have disastrous consequences for all concerned. There is a means, however, for avoiding, or at least tempering, the negative effects of a break up: a well-crafted, written agreement between or among the founders that […]

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. View Article […]

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 […]

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 […]