Ahmad, Zavitsanos & Mensing LLC
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Recent Posts
- Non-compete breach in business contract nets client $25.6M
- Northern District of Texas temporarily enjoins FTC from enforcing its non-compete ban
- Whistleblower client helps government settle $15 million Baylor heart surgery Medicare fraud case
- Tech entrepreneur Mike Lynch acquitted of defrauding HP; he was smart to testify
- Boeing CEO resigns – the top must drop in crises like these
Legal Issues in the Executive Suite
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Category Archives: Fiduciary Duty
Treatment of Trump-Ukraine Informer Could Have Chilling Effect on Corporate Whistleblowers
Whistleblowers have a variety of understandable reasons for bravely coming forward – but winning a popularity contest is rarely one of them. After all, they are typically corporate or government insiders alleging fraud and wrongdoing, which tends to render them vulnerable … Continue reading
Posted in Dodd-Frank, Fiduciary Duty, Legal, Litigation, Sarbanes-Oxley, Whistleblowers
Tagged Dodd-Frank, Joe Ahmad, litigation, Sarbanes-Oxley, Trump Ukraine, whistleblowers, whistleblowing
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Fifth Circuit Reminder: Words Matter in Employment Contacts, Restrictive Covenants
Sometimes the most fundamental legal concepts are so basic and intuitive that they tend to fall by the wayside in practice. Case in point is a recent Fifth Circuit opinion throwing out an arbitration agreement because the employer didn’t follow … Continue reading
Posted in Arbitration agreements, Executive contracts, Fiduciary Duty, Legal, Litigation
Tagged arbitration, executive contracts, Joe Ahmad, Joseph Ahmad, litigation, retention agreements
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Two-Plane Habit: GE Exec’s Travel Latest Example of Wasteful Corporate Culture
GE shareholders and much of the business world were surprised to learn about the wasteful business travel practices of recently retired CEO Jeff Immelt. The WSJ reported recently that for much of his tenure at GE, Immelt traveled in a … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Executive Management Style, Fiduciary Duty
Tagged CEO, CEOs, executive, executive compensation, executive employment, executive employment lawyer, executives, Joe Ahmad, Joseph Ahmad, litigation
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Picture that text you just wrote on the screen in a courtroom
Executives know better than to put questionable statements in email, right? Well, it is past time to realize the same goes for texts. Just like a Miranda warning: Anything you text can and will be used against you in a court of law. Continue reading
Posted in CEOs, Complaints Against Executives, Confidential Information, Corporate culture, Depositions, Executive Management Style, Fiduciary Duty, Legal, Litigation, Social Media
Tagged CEOs, covenant not to compete, employment, executive, executive compensation, executive employment, Joe Ahmad, litigation
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NFL lessons for the C-Suite on succession planning, Exhibit 1: Tony Romo
Dallas Cowboys owner Jerry Jones has himself in an ideal succession situation. He waited to draft the perfect candidate – Dak Prescott. He and can now let potential future star quarterback Prescott learn while aging star Tony Romo still has the ball. Boards and C-Suite folks should think like Jones: Keep your stars in place, but keep an eye on the future of the company. Continue reading
Posted in Corporate successsion, Executive contracts, Fiduciary Duty, Retention agreements, Severance Packages, Sports contracts
Tagged corporate succession, covenant not to compete, employment, executive compensation, executive employment, Joe Ahmad, Joseph Ahmad, non-compete agreements
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Considering a New Job? Please Talk to Your Lawyer
Zillow recently reached a whopping $130 million settlement with Realtor.com operator Move Inc. shortly before the two online real estate giants went to trial over alleged misappropriation of trade secrets. While the settlement amount is a far cry from the … Continue reading
Posted in Business Continuity, CEOs, Complaints Against Executives, Confidential Information, Corporate culture, Covenants Not to Compete, Executive Compensation, Executive contracts, Executive Management Style, Fiduciary Duty, Legal, Litigation, Non-Competes, Trade Secrets, Uncategorized
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Preventing Trade Secret Theft (in 20 Years)
Trade secret theft becomes a bigger concern for major companies with every passing day. Particularly when companies are doing business overseas—where intellectual property protections may not be as well-enforced—keeping trade secrets secret has become, to put it lightly, a challenge.
Posted in Corporate culture, Fiduciary Duty, Legal, Litigation, Trade Secrets
Tagged executive employment lawyer, General Motors, Joe Ahmad, theft of trade secrets, trade secrets, UCLA
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Office Romances Doubly Dangerous for CEOs
It seems we can’t go for more than a few months without a CEO’s romantic entanglements getting him into trouble. The latest victim, if you can call him that, is former Stryker Corp. CEO Stephen P. MacMillan, who was recently … Continue reading
Posted in CEOs, Complaints Against Executives, Fiduciary Duty, Legal, Workplace Romances
Tagged CEO, Herman Cain, Hewlett Packard, Mark Hurd, Stephen P. MacMillan, Stryker Corp., Wall Street Journal, workplace romance
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What’s the Best Way to Take People With You to a New Company?
I’ve devoted a couple of blogs (here and here) to what things executives should and should not take with them when they change employers. Simply playing that part right can help avoid litigation with former employers. Where it gets really … Continue reading
Posted in CEOs, Executive contracts, Fiduciary Duty, Legal, Litigation, Non-Competes, Trade Secrets
Tagged CEO, CEOs, covenant not to compete, employment, executive, executive contracts, executive employment, executives, legal, litigation, trade secret
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Executives Should Proceed With Caution When Changing Jobs
One of the biggest, and most likely, legal headaches highly placed executives can give themselves involves their actions just before and just after leaving one company and joining another. An executive’s actions during this time are critical to avoid getting … Continue reading
Posted in CEOs, Complaints Against Executives, Executive contracts, Fiduciary Duty, Legal, Litigation, Non-Competes, Trade Secrets
Tagged CEO, CEOs, covenant not to compete, executive, executive contracts, executive employment, legal, litigation, trade secret
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