Entrepreneur successfully resolves complex shareholder dispute in arbitration
Client(s) Confidential client
Jones Day represented a successful entrepreneur in a complex shareholder dispute regarding a series of close corporations. Jones Day's client was sued for breach of contract and breach of fiduciary duty. Jones Day's team filed counterclaims for breach of fiduciary duty and shareholder oppression. After a week long arbitration, a three arbitrator panel found for Jones Day's client on every material aspect of the dispute, including finding that Jones Day's client did not breach his contract or his fiduciary duty and that there had been a breach of fiduciary duty by his opponent.