A lawsuit was filed Tuesday by Tinder founders and managers against the current owners of the app. It's an interesting case -- not just because it has well-known parties -- but it also highlights some key issues in contract and corporate law: the importance of valuation and who controls valuation inputs; the duty of good faith and fair dealing in complying with contractual obligations; and the use of equity compensation. The plaintiffs could get a boost because Match Group is publicly traded and had to share information about Tinder's financial performance with the public under the federal securities laws--which would not be true of a privately held corporation. Let's stay tuned.
Our Recent Posts
Recently, the media has given significant coverage to new laws in several states placing restrictions on abortion. Among those states,...
Can Publicly Traded Corporations Take a Political Stand that Hurts the Bottom Line?
May 30, 2019
Commercial landlords are usually happy to have a successful tenant. But if you have tenants that are public accommodations under the Americans With Di...
Commercial Landlords -- Beware of ADA Claims
November 15, 2018
California's governor has signed into law a mandate to include women on corporate boards. The legislature cites data that suggests that gender diversi...
California Law Mandates Women on Corporate Boards
October 15, 2018
I'm busy working on my blog posts. Watch this space!