Partnership Breach of Fiduciary Duty Lawsuit
$3.0 million jury
verdict in representation of one of the pioneers in
creating wireless surveilance camera systems. The plantiff, after having
developed the initial working ideas and prototypes of these systems
(which are now routinely used in the construction industry and by the
military in combat zones, including Iraq and Afganistan), partnered
with a prominent Dallas businessman to further develop and market the
idea in 2001. However, in March 2005, just as the wireless surveilance
camera system market was on the verge of exploding, the defendant locked
the plantiff out of the partnership and continued on with the manufacturing
and further development of the product line. The case was tried in
Dallas County.
After a week and half trial, the jury
returned its verdict after two days of deliberation.
This list is a partial list of results. The results in every case are dependent upon the facts and circumstances of that particular case.
$3.0 Million Jury Verdict in Partnership
Dispute
2/18/08 - Press Release
The Law Offices of Heygood, Orr, Reyes, Pearson & Bartolomei announced today the February 15th jury verdict in the amount of $3.0 million for their client, Tony Alardin, in a partnership dispute regarding the development, manufacture and sale of wireless video surveillance trailer systems. (read
more...)
Jenkens & Gilchrist Closing After Admitting Role in Tax Fraud
3/30/07 - The Dallas Morning News
Jenkens & Gilchrist, once the largest law firm in Dallas, has admitted promoting fraudulent tax shelters and will pay the Internal Revenue Service $76 million and go out of business, the IRS and the U.S. attorney in New York announced Thursday. (read
more...)
Non-compete Agreement Ruled No Basis for Damages
12/21/06 - New York Law Journal
A lawyer who signed a non-compete agreement with his former firm cannot claim damages on the grounds that the agreement is barred by New York state disciplinary rules, a Manhattan federal judge has ruled. (read
more...)