Tag: Apparent authority

• Business Transactions

  Think Twice Before Giving a Power of Attorney: It May Be Broader Than You Realize

  • June 9, 2014
  • By Emile Joseph
  

  Where Personal Guaranties and Power of Attorney Intersect In Gulf Coast Bank and Trust Co. v. Montoli & Pitre, LLC, ___ So.3d ___, 2014 WL 970155 (La. App. 5 Cir. 3/12/14), the principal and agent (a married couple) were members of Montoli & Pitre, LLC (“Borrower”), and in connection with a closing in which the […]

• Business Litigation

  Investors Denied Right To Arbitrate Claims

  • June 3, 2013
  • By Allen & Gooch
  

  Although Arbitration is Favored, Courts Will Not Allow Investors to Arbitrate Claims The United States Fourth Circuit determined that investors were not able to arbitrate claims against Raymond James Financial Services (RJFS) when they purchased fraudulent securities directly from Inofin, Inc. Raymond James Financial Services, Inc. v. Cary, 709 F.3d 382 (4th Cir. 2013). Investors were denied the […]