Every once in a while, we’ll see an appellate decision that serves as a commercial law primer – reminding business litigators and transactional attorneys of basic legal principles that sometimes are not precisely recalled...more
The Tennessee Court of Appeals refused to let a litigant weasel out of a negotiated and binding agreement to settle disputed claims. Tim Grace v. Jeanna Grace d/b/a Grace Trucking, Case No. W2016-00650-COA-Re-CV (11/29/16)....more
The Tennessee Business Court has provided additional guidance to commercial litigators concerning internecine legal battles between members of limited liability companies. The Court has determined the fiduciary duties of...more
6/1/2016
/ Attorney-Client Privilege ,
Breach of Contract ,
Breach of Duty ,
Commercial Court ,
Corporate Privilege ,
Fiduciary Duty ,
Limited Liability Company (LLC) ,
Managing Members ,
Membership Interest ,
Operating Agreements ,
Work-Product Doctrine
Tennessee recognizes the tort of interference with prospective business relations. But there’s an exception for competitors.
One who intentionally causes a third person not to enter into a prospective contractual...more