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Jury Verdict Obtained On Behalf Of A Small Business Client Against A Former Business Partner.
Jury verdict obtained on behalf of a small business client against a former business partner. The firm represented a business owner who was locked out of his business operating accounts and operations of the business at a point that the business had become profitable. The owner had invested significant capital in the business. His partner attempted to remove him from all operations once the businesses main contract began to bring in profits for the company. After two years of litigation in Jefferson Parish where the other business partner refused to offer a reasonable settlement, our firm took the case to a 4-day jury trial in Jefferson Parish. The jury completely awarded all amounts requested by the firm, finding the former business partner breached contractual and fiduciary obligations owed to the firm’s client. Importantly, the jury also found the former business partner violated Louisiana’s Unfair Trade Practices Act (“LUTPA”), which called for treble (double) damages against the former business partner.