What Role Does a Temporary Restraining Order or Injunction Play in a Business Dispute?
August 9, 2018Business litigation can drag on for months or even years. Those hoping for quick relief are often disappointed. But in emergencies—when immediate or pretrial relief is necessary to avoid irreparable harm—a company can ask the court for pretrial injunctive relief in the form of a temporary restraining order (TRO…
DetailsWhat Rights Does a Shareholder Have to Look at Corporate Books and Records?
August 7, 2018Shareholders in a corporation have specific rights to inspect a corporation’s books and financial records under Arizona law. See Ariz. Rev. Stat. Ann. § 10-1602. Upon giving five days of advance notice in writing, shareholders have the right to appear at the corporation’s principal place of business during reg…
DetailsWhat Remedy Does a Corporation Have When an Employee or Principal Departs with Trade Secrets?
August 3, 2018Trade secrets—such as formulas, business processes, or proprietary methods—consist of information that derive independent economic value by not being known to others, and which are the subject of reasonable efforts to maintain their secrecy. They can be the lifeblood of a successful business, but they often tak…
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