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Joel Newman has handled many high visibility business litigation cases which have been covered in the press and documented by Joel himself.
Newman selected to sit on panel at the Third Annual Symposium on Corporate Oppression Actions and Business LawH. Joel Newman recently sat on the panel for the Trial Preparation and Trial Strategies roundtable discussion during "Oppression in the Age of Pandemic" at the Third Annual Symposium on Corporate Oppression Actions and Business Law. Joel was selected among the top Michigan oppression lawyers in the area of strategies for oppression and other business trials. Held in Grand Rapids, Michigan and on Zoom on November 11th and 12th, the event was attended by top Michigan business attorneys, judges and legal scholars from the Midwest and sponsored by State Bar of Michigan Business Law Section and the Wayne State Journal of Business Law.
H Joel Newman settles LLC Member oppression/owner dispute for nominal damages.H. Joel Newman, PLLC recently settled an LLC Member oppression/owner dispute in Bay County, Michigan for nominal damages. This litigation included more than eight lawyers representing 6 parties. Claims against our client included LLC member oppression, fraud, breaches of fiduciary duty and other claims. The Plaintiffs sought millions of dollars, alleging they had been cheated out of ownership in the company. After more than a year of litigation we settled on behalf of our client for a nominal amount, which amounted to a fraction of what the other parties spent on legal fees alone.
My partner is stealing from the business: Can I sue for treble damages and attorneys’ fees for conversion of money?It is all too common for a partner to steal from a business. Unfortunately, conversion of money is a factor in many of our cases. The other partner(s), shareholder(s) or Member(s) typically can sue for breach of fiduciary duty, shareholder oppression or member oppression, unjust enrichment and other causes of action. But can they sue for statutory conversion, which is basically the civil equivalent of the crime of theft? Find out in this article by H. Joel Newman.
Michigan Court of Appeals finds in favor of H. Joel Newman client in member oppression case.The Michigan Court of Appeals reversed a lower court's dismissal of a member oppression case in favor of our client, the owner of a Detroit air filter products company. The decision remanded for entry of judgment on oppression, breach of fiduciary duty, breach of contract (the Operating Agreement) and aiding and abetting against the individual owners of the corporate majority owner of the LLC on the oppression and breach of fiduciary duty claims. Congrats to our superb co-counsel Mark Rossman and Edward Castle Jr., our very deserving client. The court's opinion is well reasoned and worth a read.
How to Avoid or Litigate Michigan Shareholder lawsuits In Closely Held CompaniesClosely held businesses are often formed by relatives or friends who trust one another and therefore operate informally without strict adherence to the governing documents, or fail to create these documents altogether. In this article Joel details how to avoid common pitfalls which could lead to shareholder litigation.
Newman appeal results in favorable judgment of $1.3 million.We recently appealed a case dismissed by the Wayne County Circuit Court. H. Joel Newman represented a pastor who retired and lent his life savings to his son, who was also a minister, to purchase a building for a new church. Unfortunately the son passed away. His brother took over as minister of the church and refused to pay back the loan. Our appeal was successful. We received a Court of Appeals opinion reversing the lower court and ordering a judgment of more than $1.3 million.
Business litigation law firm H. Joel Newman used early mediation to avoid costly court battles and settle two shareholder lawsuits.Both Michigan shareholder disputes resulted in sizeable settlements.
Newman $2.2 Million arbitration decision makes Michigan Lawyers Weekly list of 2016 Million Dollar Verdicts and Settlements list.Newman's $2.2 Million minority shareholders asserted oppression arbitration decision is largest in the Arbitration category.
Family. One more reason to consider preventative measures to avoid Shareholder Disputes. {video}Attorney H. Joel Newman illustrates how shareholder disputes can be even more complicated when family is involved.
Advice for those considering business litigation from one of Detroit's top commercial litigation lawyers. {video}Attorney H. Joel Newman offers free advice for those considering business litigation from one of Detroit's top commercial litigation lawyers.
Buy-Sell agreements can prevent Shareholder LawsuitsOwners of closely held corporations and limited liability companies frequently have no way to cash out because there is no ready market for their fractional shares. A buy-sell agreement can be incorporated in the Company’s operating agreement, or it can be a stand-alone document.
Joel Newman talks about the focus of his practice {video}Attorney H. Joel Newman discusses the focus of his business law firm, Shareholder Disputes and Business Litigation.
How to select the best lawyer for business litigationFinding the best lawyer for your case can be the difference between winning and losing: How to find the right lawyer for business litigation.
How To Protect Minority Shareholder RightsNow more than ever, small businesses can turn suddenly and sharply for better or worse. And, if you’re in a position of little or no control, it’s imperative that you protect yourself and your interests. These proactive measures can help you along the way.
School Bus Manufacturer Found Liable for Fraudulent Misrepresentation Regarding Dangerous VehiclesThe business fraud lawsuit alleged that the defects in these motor homes, which Blue Bird denied and/or failed to disclose, were known for years, even as it continued to manufacture and sell the vehicles.
Protecting The Rights Of Minority Shareholders, by H. Joel NewmanInformal interactions among owners of small businesses often make it difficult for those with little or no control -- such as minority owners -- to protect themselves and their interests.
Profile of Joel Newman In Legal NewsThis article chronicles Joel Newman's journey from 8th grade drop out to one of Michigan's predominant business litigation attornies.
Newman Featured in BookH. Joel Newman featured in the book "In The Trenches" by Norman Lippitt.
Most Common Causes Of Shareholder Disputes. {video}Michigan Business Litigation Attorney H. Joel Newman lays out the most common causes of shareholder disputes, partner disputes and member disputes and in LLC and other closely held corporations.