Mahendru Secures Verdict of $1.27 Million
On May 8, 2013, the Ashish Mahendru and the Mahendru, PC team helped his client obtain a jury verdict in its favor for $1.17 million plus attorney’s fees of $95,000. The client purchased RINs, Renewable Identification Numbers, which are renewable fuel credits that are traded on the open market. The RINs were originally purchased from, Green Diesel, LLC, […]
Unique Shareholder Oppression Remedies for Courts to Consider
After a marathon mediation session that started at 9:30 a.m. and ended at 2:15 a.m. the next day, I helped a fifty percent owner in a New Jersey corporation settle his dispute with his co-equal shareholder. The other shareholder claimed he and his wife had a 2 to 1 majority on the board of directors, […]
Management Rights Are Unique And Irreplaceable
In 2011, I was hired to represent some doctors against a hospital in Houston. The doctor clients were limited partners in the hospital, and the hospital decided to buy-out the interests of the limited partner doctors. The hospital invoked provision of the Texas Securities Act and basically attempted to rescind the original purchase of the […]
Non-Profits Can Also Face Deadlock And Internal Disputes Over Control
After floundering for months, a non-profit organization in Houston, Texas recently hired me to represent it. It is a staple of my practice to deal with business disputes in which partners or shareholders are fighting each other over control of the company. One partner takes some steps to harm the interests of the other partner, […]
Rapid Action To Save A Partner’s Interest
On Tuesday morning, June 19, 2012, we obtained a Temporary Restraining Order and injunction for a client in a partnership dispute. Triton Investment Group owned 46.5% in a Wyoming limited liability company headquartered in Houston. Another member/owner of the limited liability company, Texas Energy, decided to lock out Triton Investment Group from the company. The […]
Forcing A Business Divorce–It Is Possible
A client of mine was shut out of a company in which it owned 50%. The other partners engaged in self-dealing and withdrew over $80,000 from the company’s accounts without my client’s consent or permission. A deadlock ensued between partners each owning 50-50. In a classic arrangement, my client bankrolled the company, and the other […]
Mahendru, PC Shares Risk With Clients
Mahendru, PC takes risks with its clients. That is the way to win. On Monday, June 18, 2012, a potential client walked in the door describing an emergency situation in partnership dispute. This client was locked out of the business by another partner. Everything was upside down for this partner. Cell phones were turned off; […]
What To Do With Competing Lawsuits in Australia and Houston
I had the opportunity to make oral arguments before the Thirteenth Court of Appeals on April 20, 2012. The case involved a dismissal by the lower court of the entire case based on a motion a filed on behalf of my clients. The Houston trial court dismissed the case on the basis of a common […]
Texas Makes It Easier to Enforce Non-Competes
Texas courts have viewed non-competes with a healthy amount of skepticism in the past. After all, people have a right to work and make a living. Reasonable restrictions as to time and place are hallmarks of enforceable non-competes. Plus, the non-compete needs to be ancillary to an otherwise enforceable agreement. Most of the time, Texas […]
Highly Compensated Former Employee Competes–But Not For Long
Mahendru, PC was successful in getting a temporary restraining order on March 22, 2012 for G.A.S. Unlimited, Inc. For over forty years, G.A.S. has provided qualified and highly skilled project personnel across various industries, including engineering, procurement, and construction; chemical; refining; exploration; pipeline; and power. In order to fill such positions, G.A.S. maintains a large […]