Healthcare

On February 28, 2018, the Third District Court of Appeals in a unanimous decision affirmed the decision of the trial court in favour of our clients, majority members and officers in a highly contentious shareholder rights claim brought by terminated management who also had minority membership interests in the global medical devices manufacturer. This ended a four- year battle involving both derivative and direct claims and related lawsuits in both state and federal court. At each stage of the litigation, Donald J. Hayden and Lara O’Donnell Grillo were successful in obtaining favourable decision for their clients. The appellate decision which ended this litigation once and for all created new law in Florida affirming the protections of the business judgment rule for officers as well as managers of a Florida limited liability company.

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