Under what basis may the shareholders of a corporation in Oregon and elsewhere bring a class action lawsuit to vindicate rights against a company that has engineered a merger with another company and maneuvered other substantial changes that allegedly diluted the shareholders' stock? The short answer to such business litigation issues is that the claim is allowed when there is a direct injury to the shareholder's ownership interest as opposed to the interest of the corporation. The issue came up recently in another state when a group of shareholders brought a lawsuit seeking class status against the company, a medical device maker known as Medtronic.
Getting a business started in Oregon is a straightforward process that involves some hard work. Developing the habit of deep focus on the outcome, i.e., visualizing success, will help also. Business formation is subject to some concrete guidelines and tips. Here are some that are important in getting started in the right direction.
It is not unusual in Oregon and elsewhere for former executives to be pitted in litigation with the companies that they previously served, and in some instances, by the companies that they founded. This type of business litigation is currently occurring in several high-profile cases. One of the cases from another state involves the former chief executive and founder of Cirrus Aircraft.
Trademark disputes are a common aspect of business litigation in Oregon and nationwide. Sometimes it is a battle of giants, where a company claims that one of its competitors has used a trademark that is deceptively similar to its own. It can be a small company being challenged in a business litigation case by a large company claiming that the startup has tried to use the larger company's own special brand identification to its own use. There may be a claim for damages for the lost profits caused by deceiving the public into buying the product with the pirated trademark, and a request for an injunction.
For many people, the notion of "going into business for themselves" probably seems like an inherently complex, intimidating, or even impossible undertaking. After all, there would be demand to generate, production to manage, orders to fill, and a host of other arcane tasks that only an MBA or experienced entrepreneur would seem equipped to handle.