The Vethan Law Firm P.C.


This is the first of a three-part series called betrayed in business, today we will address the issue of the obligations someone who controls the company has to that business a CEO. For example or a manager in an LLC, there are three duties that typically are implied and expected of management. First is the duty of loyalty they’ve got to be loyal to the business a duty of care, their decisions must be well thought out and a duty of obedience, they’ve got to follow the directions of the control persons in the business in situations where lawsuits occur.

The person in charge either has sticky fingers they take company money for themselves they use company dollars for personal expenses or lavish expenses and they have the friends and family on the payroll. The person that basically stole from the company would be liable for violating his or her fiduciary duty to the business for more information about a breach of fiduciary duty, follow me because of the Vethan Law Firm your problem is our business.

I wanted to personally thank you and your staff again for doing such a great job. VLF has been simply amazing. Their professionalism, negotiating skills, and knowledge of the law have simply been a lifesaver for my business. The overall settlement was so much more than we ever expected and hoped for. Simply put, they saved my company. I cannot say enough about your firm and its staff. Thanks to you, my company will continue to grow and be profitable. Thank you, thank you, thank you!

Scott Stephens President, Custom Shop Guitars of Texas, LLC Vethan Law Firm, P.C. April 10, 2016

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