Leny K. Wallen-Friedman

Representative Matters

Has defended a major insurer in glass arbitration claims brought by glass vendors since 2005. Helped devise strategy for responding to multiple claims. Was the first Minnesota attorney to prevail in a consolidated arbitration on behalf of an insurance company.

Represented inventor in dispute with co-owner of closely held corporation. Successfully negotiated settlement, preserving inventor’s rights to intellectual property and right to work without any restriction on related activities.

Successfully represented trust beneficiary in dispute with trustee over payments owed to beneficiary. At trial, obtained Order authorizing payments to client out of trust principal to advance initial trust objective of maintaining beneficiary’s past lifestyle.

Successfully represented closely held corporation in action against majority shareholder for breach of fiduciary duty, conversion and tortious interference with contract. Case settled after 2 days of trial with majority shareholder removed from corporation.

Represented hotel/employer in defending claim of employment discrimination. Full defense victory in arbitration was upheld by district court.

Represented attorney in law-firm departure arbitration. Argued successfully that restrictions in employment contract were unenforceable and that arbitrator should employ L-Tryptophan analysis.

Represented minority shareholder in closely held corporation asserting claims of breach of fiduciary duty and minority shareholder oppression.

Obtained judgment on related promissory note, successfully levied business to obtain partial payment on note and then reached favorable settlement providing for buyout of client’s minority interest.

Negotiated multi-million dollar sale of business. Client was a Minnesota-based company that was purchased by a NASDAQ-traded company. Negotiated sale over 18-month period providing significant returns to shareholders.

Negotiated long-term employment agreements for physicians for their transition from private practice to employee status. Also negotiated subsequent contract with employer after initial contract expired.

Negotiated multi-million dollar employment agreement for salesperson. Later negotiated revised contract whereby client became President of company.

Defended manufacturer against lemon law claim, successfully negotiating a favorable settlement.

Represented claimants in separate securities arbitration claims against RBC Dain Rauscher, Paine Webber, Merrill Lynch, Pierce, Fenner & Smith, Wells Fargo Brokerage Services, Charles Schwab, Edward Jones, Piper Jaffray, Dougherty Summit Securities, LLC, Ameritrade, Salomon Smith Barney, Inc., American Express, E*Trade Securities, A.G. Edwards & Sons, H&R Block Financial Advisors and Wachovia Securities.

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.

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.

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Representative Matters

Representative Matters

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Leny K. Wallen-Friedman

Professional Activities

Practice Areas

Business AdviceBusiness AdviceProviding 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.

Business Advice

Employment AdviceEmployment AdviceAdvising 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.

Employment Advice

Physician ContractsPhysician ContractsAdvising on and drafting Offer letters, Employment Agreements, Signing Bonus Agreements, Relocation Agreements, and Employee Benefits

Physician Contracts

Business LitigationBusiness LitigationRepresenting 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.

Business Litigation

Employment LitigationEmployment LitigationRepresenting 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.

Employment Litigation

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

Securities Arbitration

Business TransactionsBusiness TransactionsAdvising 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.

Business Transactions

General Corporate Work

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

Severance Agreements

Contract Drafting

Medical EmploymentMedical EmploymentOffer letters, Employment Agreements, Signing Bonus Agreements, Relocation Agreements, and Employee Benefits

Medical Employment

Shareholder DisputesShareholder DisputesRepresenting clients in investigations and litigation involving disputes between corporate entities and their stakeholders.

Shareholder Disputes

Corporate Counseling

Non-Compete IssuesNon-Compete IssuesRepresenting clients in drafting, interpreting and litigating non-compete clauses.

Non-Compete Issues

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

Tort Litigation

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.

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

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.

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.