News: Business Disputes

Merrick Brock filed an action pending in the Henrico County Circuit Court, Case No. CL19-6133, asserting claims for breach of contract, piercing the corporate veil, tortious interference with contract, tortious interference with business expectancy, and business conspiracy. The lawsuit alleges that the plaintiff entered into an asset purchase agreement to acquire the assets of the defendant’s local Richmond business, including the business’ name, its existing client contracts, and its confidential client list.  As part of the agreement, the defendant agreed to a non-compete provision prohibiting the defendant from soliciting clients from the client list or competing in the Richmond area. ...

Merrick Brock recovered $398,000 for a subcontractor in a payment dispute with a bonding company.  The subcontractor was hired by a large regional general contractor to perform work on a mixed-use construction project.  After the general contractor defaulted, the bonding company took over the project and directed the subcontractor to continue working pursuant to the terms of its original subcontract, but the bonding company later disputed the scope of the subcontractor’s work and the validity of the subcontractor’s invoices.  Merrick Brock asserted a claim for breach of contract and challenged the bonding company’s reasons for denying payment.  Merrick Brock recovered...