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The Company Advances Defense Costs?

Your client, who is a director, officer, or employee of a corporation or a manager, member, or employee of an LLC has called you and reported that they have been sued.They advise they do not have much money to pay for legal fees in defense of the claim.Fortunately, the Arizona statutes provide a method, if …

Fiduciary Duties and Business Judgment in the Business Divorce

When business owners are in conflict, they must be aware of their fiduciary duty obligations to the company and the other owners.As conflict builds, an owner’s management is more critically reviewed, decisions questioned, and unpopular results criticized.Many business decisions are protected by the Business Judgment Rule.It is important for business owners to know and distinguish …

Fiduciary Duties in Arizona Limited Liability Companies

Since adoption of the Arizona Limited Liability Company Act (Arizona Act)1 in 1992, limited liability companies (LLCs) have become the business entity of choice for business people and their lawyers. This popularity is similarly evidenced in all jurisdictions across the United States. Yet, notwithstanding the widespread adoption of the LLC, in Arizona an important question …

Pay Discrimination – It Hurts More than Just Employees

Lilly, a female supervisor at a Goodyear Tire and Rubber plant in Alabama from 1979 to 1998, held a position typically held by men. See Ledbetter v. The Goodyear Tire & Rubber Co., Inc., 550 U.S. 616, 643,127 S.Ct. 2162, 2178 (2007). Although at first her salary was in line with theirs, her pay later …

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