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 (Retired)

Leny Wallen-Friedman is now retired from the practice of law.

Wallen-Friedman & Floyd, P.A.

Leny K. Wallen-Friedman (Retired)

Retired Partner

Contact Information

Education

Bar Admissions

Federal courts

Representative Matters

Representative Matters

Leny K. Wallen-Friedman (Retired)