A businessman, who last year found himself on the wrong side of a $35.7 million judgement made in Massachusetts in favor of his former employer, has set a new course of action. The businessman has extended his legal feud into Delaware, launching a lawsuit against the same company. His suit is geared towards the recovery of attorney fee advancements and access to various company records.
This development comes on the heels of an unforeseen turn of events in his previous case. Recently, the judge presiding over the case in Massachusetts considerably reduced the original verdict of $35.7 million, trimming it down to a significantly lower sum of $1.2 million.
Jeff Montgomery from Law360 provides further insights into the course of these legal disputes. The legal professionals keeping abreast with the developments in the corporate legal scene will find it an imperative affair to closely monitor, as it unfolds across state lines, drawing in multifaceted aspects of corporate law and litigation.