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Merger Clause Did Not Protect Franchisor from Claim of 'Silent Fraud'
In a recent “Not for Publication” opinion, the Michigan Court of Appeals overturned a judgment notwithstanding the verdict (JNOV) for the defendant franchisor following a jury verdict for the plaintiff franchisees based on a claim of “silent fraud” ' also known as misrepresentation by omission or fraudulent concealment. While the opinion cannot be cited, it shows the way, and offers arguments, that franchisee lawyers may use to avoid the impact of merger/integration and disclaimer clauses.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.