
Closely 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. Mr. Newman has represented numerous clients in important business litigation matters including shareholder lawsuits and shareholder, partnership, and LLC member disputes.
H. Joel Newman, PLLC is a Michigan-based business litigation and trial law firm with a concentration in business law and complex commercial litigation, including business fraud, breach of contract, shareholder rights, shareholder litigation, membership disputes, and LLC partner litigation.
H. Joel Newman, PLLC is a Michigan-based business litigation and trial law firm with a concentration in business law and complex commercial litigation, including business fraud, breach of contract, shareholder rights, shareholder litigation, membership disputes, and LLC partner litigation.
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H. Joel Newman, PLLC. is a business law firm specializing in business litigation, commercial litigation, shareholder oppression, shareholder disputes, non-compete litigation, partnership disputes, member disputes and lawsuits. Our office is in Birmingham, Michigan, near Detroit. We practice in all Michigan state and Federal courts including Oakland county, Macomb county, Wayne county, Washtenaw county, and Genesee county.
Client Reviews
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Thank you for being my advocate and for representing me. I could not be more pleased about working with you, and the wonderful job you did in achieving the settlement. Joel is thorough, but cost conscious. He does not over-charge and he allows the client to decide how deeply he will dive into the details of documents (which takes time).
Areas of Practice
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Joel was lead trial counsel representing several related corporations in this shareholder oppression litigation. Plaintiffs' Complaint alleged shareholder oppression, fraud, breaches of fiduciary duties, usurpation of corporate opportunities and self-dealing. Plaintiffs sought almost $100 million in damages.
Business Litigation
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In this matter, which was featured on Court TV, we represented ten nephews and nieces in a law suit challenging their uncle's will, which purported to divide his entire estate between three charities. We developed evidence of mismanagement and fraud by one of the "charities" and began investigating the others.
Shareholder Litigation
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A Local real estate developer retained us to file an action in the United States District Court against a major life insurance company and its subsidiary for breach of a contract involving a joint venture agreement to acquire an internationally acclaimed high-rise building in Miami, Florida. After a jury trial lasting three weeks, at the close of testimony Defendants agreed to pay our clients $5,000,000.
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