Raymond Law Group

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Standard & Poor lawsuit in Connecticut

by Bruce Raymond | Apr 29, 2013 | Business Litigation, Connecticut Blog, Firm News

A lawsuit was filed in Connecticut against Standard & Poor alleging that it fraudulently inflated credit ratings to gain customers. Though Standard & Poor attempted to have this business litigation moved to federal court, U.S. District Judge ruled that the...

Insurance Recovery in the Wake of the Boston Marathon Bombing

by Bruce Raymond | Apr 24, 2013 | Business, Firm News, Insurance

On Patriot’s Day, April 15, 2013, shortly before 3:00 p.m., two bombs went off on Boylston Street near the finish line of the Boston Marathon.  In addition to three deaths and 150+ injured, nearby property was damaged and businesses were closed up to a week for the...

Massachusetts At-Will Employment Doctrine and Retaliatory Discharge

by Bruce Raymond | Apr 24, 2013 | Firm News, Whistleblower

A recent unpublished decision by the Massachusetts Appeals Court highlights the treatment of the at-will employment doctrine in Massachusetts.  See Nelson v. Anika Therapeutics, Inc., et al., 2012-P-0361 (memorandum and order pursuant to Rule 1:28, April 22, 2013)....

Connecticut boat designer files federal lawsuit

by Bruce Raymond | Apr 22, 2013 | Connecticut Blog, Contract Disputes, Firm News

A Connecticut inventor has filed a claim in U.S. District Court in an effort to collect royalties that were claimed to have been owed to him. This individual states that he designed what is called the Laser sailboat, and that he was owed more than $200,000 plus...

Patent suit in Connecticut court nets $176.5 million award

by Bruce Raymond | Apr 15, 2013 | Business Torts, Connecticut Blog, Firm News

An intellectual property lawsuit tried in federal court in Connecticut resulted in the award of $176.5 million for one of the parties. It was ruled that a device marketed and sold by Johnson & Johnson infringed upon a patent owned by an Irish company named...

Closely Held Corporations and Stock Sales

by Bruce Raymond | Apr 11, 2013 | Business, Court Decisions, Firm News

A recent decision by the Supreme Judicial Court declared that sellers of shares in a closely held corporation did not breach their fiduciary duty when the sale imperiled the corporation’s favorable S corporation status. See Merriam, et al. v. Demoulas Super Markets,...

Business Strategy leads to success for Connecticut entrepreneurs

by Bruce Raymond | Apr 8, 2013 | Connecticut Blog, Entrepreneurs, Firm News

A joint enterprise of two entrepreneurs in Wallingford in part led to the creation of a drug-testing kit to help in disease research. The two then recruited various scientists from Connecticut and formed CyVek Inc. with one assuming the role of Chief Executive Officer...

ESPN and Dish Network business contract dispute

by Bruce Raymond | Apr 1, 2013 | Connecticut Blog, Contract Disputes, Firm News

ESPN, based out of Bristol, Connecticut, had been sued on a number of claims by Dish Network Corp. concerning a business contract dispute. Dish claimed that ESPN violated a most-favored-nation clause that was contained in the contract. This clause supposedly meant...

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