Whistleblowers are not entitled to protection from dismissal when the violation of the law was unknowingly and immaterial

A company filed a lawsuit by virtue of a resolution adopted at a board meeting held in the absence of a legal quorum, and without obtaining the consent of the absent director to said resolution. The Court summarily dismissed the claim due to the board resolution’s nullity.  In contrast to resolutions adopted at board meetings […]

Following entry of a company into insolvency proceedings, a transaction counterparty announced the termination of the agreement due to the non-fulfillment of a condition precedent and began dealing directly with a foreign manufacturer despite contract terms stipulating non-compete. The Court held that the contract expired but the non-compete provision is valid.  A condition precedent is […]

A radio station operator demanded that a shareholder of an advertising company personally bear the debt accumulated by the company for advertising services provided to it. The Court rejected the claim against the shareholder and held that the extreme conditions justifying the piercing of the corporate veil were not proven.  Piercing the corporate veil is […]

One of two partners seeking to acquire a property executed a brokerage agreement solely in his own name.  Subsequently, the second partner purchased the property independently, without the other’s knowledge.  Upon becoming aware of the transaction, the realtor demanded that the purchaser pay the applicable brokerage fees under the agreement, notwithstanding the fact that the […]