Fiduciary Duties Attorney in Austin, Texas
Can you tell us about a memorable fiduciary matter you handled?
Can you tell us about a memorable fiduciary matter you handled?
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00:04
we had a president of a company that was
00:07
basically running the company
00:10
for his own benefit
00:12
i mean he was
00:13
had hunting leases he took hunting trips
00:16
he bought thousands of dollars of wine
00:18
took jets all over the place and things
00:21
like that he was really working in the
00:23
office two or three days a week but even
00:26
worse than that
00:27
is he was setting the company up to take
00:30
it over himself and take it away from
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the shareholders he was amending the
00:34
bylaws and the articles of incorporation
00:37
to increase his power and to take over
00:40
the board and so what we were able to do
00:43
was to
00:44
take a board over ourselves using
00:46
cumulative voting rights and then file a
00:49
lawsuit against him for
00:52
misappropriating all of the company’s
00:54
money and trying to steal actually the
00:56
entire company for himself
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Austin, TX commercial litigation attorney John W. Thomas shares the story of a memorable fiduciary matter he handled.
