Leny K. Wallen-Friedman

Partner

Leny K. Wallen-Friedman

Leny K. Wallen-Friedman

Leny Wallen-Friedman focuses his practice on business litigation, shareholder disputes, securities arbitration, insurance arbitration and employment litigation.  He also provides corporate and business advice to small and medium-sized businesses and professionals.  Leny litigates in both state and federal court and has arbitrated more than 75 matters before FINRA, AAA and other arbitration organizations.

Leny has an undergraduate degree in Finance with a minor in Economics.  This background gives him a unique ability to understand the needs of business clients and to help them achieve more comprehensive results.

Prior to starting Wallen-Friedman & Floyd, P.A., Leny ran his own solo practice; before that he was a shareholder at Fruth & Anthony, PA.  Leny also worked for 4 years in Connecticut at the law firm of Robinson & Cole and before that clerked for 2 years with Justice William G. Callow at the Wisconsin Supreme Court.  Leny is AV-rated and has been designated repeatedly by his peers as a “Super Lawyer.”

Professional Activities

Leny belongs to the Hennepin County Bar Association and the Minnesota State Bar Association.

Leny has served for 4 years on the Edina School Board and is currently the Edina School Board Chair.

Practice Areas

Business Advice

Business Advice

Providing business advice to a broad range of entrepreneurs and small to mid-size for-profit and not-for-profit businesses and charities, including issues relating to ownership, governance, management and operations.

Employment Advice

Employment Advice

Advising on Offer Letters, Employment Agreements, wage and bonus issues, deferred compensation and Change of Control Agreements, Phantom Stock Agreements and ESOP Plans, and claims of workplace discrimination.

Physician Contracts

Physician Contracts

Advising on and drafting Offer letters, Employment Agreements, Signing Bonus Agreements, Relocation Agreements, and Employee Benefits

Business Litigation

Business Litigation

Representing clients in mediations, arbitrations, and in state and federal court cases involving issues of contract damages, intellectual property rights/breaches, and the full range of business torts.

Employment Litigation

Employment Litigation

Representing clients in mediations, arbitrations, and in state and federal court cases involving involving hiring offer letters, employment, non-competes, non-disclosure, change of control, separation and severance agreements.

Securities Arbitration

Securities Arbitration

Representing clients in investigating and arbitrating issues involving the purchase and sale of securities and regulations governing such transactions.

Business Transactions

Business Transactions

Advising on and drafting Master Service Agreements and Statement of Work Schedules, Licensing and Sub-Licensing Agreements, Non-Disclosure Agreements (NDAs), Supply and Distribution Agreements, and Representative and Wholesaler Agreements.

General Corporate Work

General Corporate Work

For Profit and Not for Profit Corporate Documents, Governing Documents, Articles/Bylaws/Amendments Board Resolutions, Buy-Sell and Shareholder/Member Control Agreements, Buy-out and Transfer of Ownership Agreements, Purchase of Assets/Stock Sale Agreements, Merger/Consolidation of Business Entities, and Employment (hiring offer letters and severance agreements)

Severance Agreements

Severance Agreements

Professional Separation Agreements, Stock Buy-Back Agreements, Possible Employment Discrimination Claims, and Post-Termination Employee Benefits

Contract Drafting

Contract Drafting

Advising on and drafting corporate documents, governing documents, Articles/Bylaws/Amendments Board Resolutions, Buy-Sell and Shareholder/Member Control Agreements, Buy-out and Transfer of Ownership Agreements, Purchase of Assets/Stock Sale Agreements and Merger/Consolidation of Business Entities.

Medical Employment

Medical Employment

Offer letters, Employment Agreements, Signing Bonus Agreements, Relocation Agreements, and Employee Benefits

Shareholder Disputes

Shareholder Disputes

Representing clients in investigations and litigation involving disputes between corporate entities and their stakeholders.

Corporate Counseling

Corporate Counseling

Advising manufacturers and service providers on contract/indemnity and risk management issues; conducting product risk assessments and product literature audits to help manufacturers reduce their product liability exposure; working with product development teams to finalize/update product warranty and warning terms, and to strengthen indemnification clauses.

Non-Compete Issues

Non-Compete Issues

Representing clients in drafting, interpreting and litigating non-compete clauses.

Tort Litigation

Tort Litigation

Representing clients in state and federal court cases involving issues of personal injury, product liability, wrongful death, property damage and business torts.