Law Practice
May 20, 2010
Company Protected From GC Deceit
When a general counsel's negligence resulted in a $4 million default judgment against his company, California courts stepped in and gave the company a second chance.
By Laura Ernde
Daily Journal Staff Writer
When a general counsel's failure to respond to a lawsuit resulted in a $4 million default judgment against his company, California courts stepped in and gave the company a second chance.
It didn't matter that in-house attorney Michael Gray was also a corporate officer of gas station operator G&M Oil Co. The fact that Gray hid the suit from everyone at the company meant he sh...
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