A common misconception held by many entrepreneurs is that their ownership interests in a Georgia business entity can simply be revoked by the business or taken by other owners. Under Georgia law, an ownership interests in a business entity cannot…
Read MoreBakery Fears Disclosure of “Nooks and Crannies” Secret When executive Chris Botticella left his employment with Bimbo Bakeries USA, Inc. (“Bimbo Bakeries”), maker of the popular Thomas’ brand of english muffins, to join competing bakery Hostess Brands, Inc. (“Hostess”), his…
Read MoreA common issue faced by the corporate officials of a closely held company is whether they are obligated to pursue new all business opportunities presented to them on behalf of the company, or whether they may do so on their…
Read MoreIn a recent decision, the Georgia Court of Appeals affirmed a trial court’s decision finding a non-solicitation of customers covenant unenforceable. Fine v. Communications Trends, Inc., 10 FCDR 2597 (August 6, 2010). In the case, the Court of Appeals also…
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