The Corporations Code Can Make Suing Your Former Employees Costly
Supreme Court Justice Felix Frankfurter once told the following story about Oliver Wendell Holmes, Jr. and Ralph Waldo Emerson. When Holmes at the urging of his father visited the great author, Emerson asked “Young man, have you read Plato?” When Holmes said no, Emerson said: You must. You must read Plato. But you must hold him at arm’s length and say, “Plato, Read more...
Court of Appeal Holds That Employee Indemnification Statute Does Not Reach “First Party” Lawsuits
If you ask a corporate law attorney about indemnification of officers and other corporate agents, she will likely steer you to Corporations Code § 317. Ask an employment law attorney the same question, and she will likely refer you to Labor Code § 2802. In Nicholas Laboratories, LLC v. Chen, 4th Dist. Ct. Appeal Case No. G044105 (Oct. 12, 2011), both statutes were Read more...
