A Case Study In Business Divorce: Member Expulsion And Its Associated Hazards

By Daniel Glasser and James Kin The forced termination of any business relationship is painful. But the expulsion of a member from a limited liability company (an “LLC”) can raise additional challenges—especially where the rules of engagement are either poorly defined or undeveloped. For example, a recent decision by the Delaware Court of Chancery may leave members personally liable for …

Colorado Firm Dismissed from Complex Class Action Case on a Preliminary Motion

Chipman Glasser, LLC recently obtained prompt dismissal for a Colorado-based company that was named as a defendant in a nation-wide class action that involved potentially millions of class members. The client is a local Denver success story that administers insurance benefits on behalf of major national and regional health insurance companies. Sued in federal district court, the client was facing …

Discharged Company Officer And Founder Settles Derivative Action and Wrongful Termination Suit on Favorable Terms

Chipman Glasser, LLC represented the founder and president of a high-tech bio-pharmaceutical company who was abruptly discharged after he brought to the company’s attention several questionable business practices. On the client’s behalf, the firm asserted claims of wrongful termination under the state whistleblowing law and brought a derivative action on behalf of the company. The case settled on terms favorable …

French Investment Banker Dismissed From Colorado Lawsuit Involving An Alleged Investment In Cyprus—Followed By A Fee Award

Chipman Glasser, LLC recently defended a party who was belatedly brought into a multi-national case by a third-party plaintiff. The lawsuit involved parties and alleged conduct spanning four continents, and our client, a Swiss businessman with no connection whatsoever to Colorado, filed a motion to dismiss for lack of personal jurisdiction. Under the applicable rules, the client was required to file his …

Underground Utility Contractor Awarded Damages For Unpaid Construction Costs

Following a four-day jury trial, Chipman Glasser, LLC secured a verdict in favor of an underground utility contractor. Our to installed the sewer and water system for a private developer. But upon completion of the project, the developer refused to pay the final invoice, raising various complaints about the quality of the work. The case involved conflicting expert testimony regarding alleged …