August 2014

FAA Legal Interpretation Presents Problems for Ride Sharing Websites and the Pilots Who Use Them

In an August 13, 2014 legal interpretation letter, the FAA challenges the legality of general aviation “ride sharing” websites such as Airpooler.com, and it raises important issues for pilots relating to potential FAA enforcement actions and problems with insurance coverage. Airpooler.com is a website designed to facilitate “ride sharing” between private pilots and passengers, essentially …

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The Death of Minority Shareholder Oppression Claims in Texas?

Bad news for minority shareholders in Texas.  On June 20, 2014, the Texas Supreme Court delivered the opinion in the case of Ritchie v. Rupe, which is available here.  In one of the most important business law cases decided by the Texas Supreme Court in recent memory, the Court ruled (in a 6-3 decision) that: (1)   There is no common …

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