Jeffrey W. Post
Assistant: Catherine Haugen, 612.492.7825
“Successfully resolving business disputes turns as much on your knowledge of your client’s business as it does your knowledge of the law. Details are decisive.”
Jeffrey is a seasoned litigator with a national practice that focuses on resolving business disputes with an emphasis on trade secret, supply agreement, UCC Article 2 warranty and shareholder litigation. Jeffrey co-chairs Fredrikson & Byron’s Commercial Law group.
Jeffrey has successfully resolved, sometimes through trial or arbitration, numerous trade-secret, UCC, and shareholder disputes. He understands that managing litigation for a business involves controlling costs, assessing risk and providing practical solutions.
Jeffrey not only litigates trade-secret cases, but also provides clients with proactive advice on how to protect their trade secrets and avoid trade-secret claims. Likewise, he leverages his UCC litigation experience to provide clients with advice that protects their rights and limits their liability. His advice reflects his hard-earned knowledge of the factors that are decisive with judges and juries.
Jeffrey’s experience in shareholder litigation has involved everything from representing large institutional investors who invested in companies involving numerous shareholders to representing individual shareholders in closely-held companies. His experience includes both direct and derivative claims and both plaintiff and defense work.
The size and scope of his clients have ranged from start-up companies in the transportation industry to agribusiness market leaders. Jeffrey also works with franchisees to provide them with the same quality of legal advice that is usually available only to franchisors.
Trade Secret/Business Opportunity Litigation
- Represented a manufacturer against claim that manufacturer stole a distributor’s trade secrets, violated a non-compete and interfered with the distributor’s contracts. The manufacturer counterclaimed for unpaid invoices. Jeffrey convinced the court to grant summary judgment, which resulted in a complete victory for his client on liability. The only trial issue remaining was the manufacturer’s damages, and the case settled shortly before trial.
- Represented employer against former employees who set up a competing business. Jeffrey obtained a settlement enforcing the non-compete restrictions.
- Brought a trade-secret claim against a competitor that had founded its business by hiring a former manager. The litigation resulted in a significant cash settlement and the competitor agreeing to non-compete restrictions.
- Represented a software executive and a software engineer in a claim brought against them by their former employer for breach of fiduciary duty and theft of trade secrets. Jeffrey won summary judgment for the defendants, absolving them of all liability.
- Represented a Minnesota company that had a distribution agreement with a foreign manufacturer. Jeffrey was able to convince the arbitrators that the foreign company had used his client’s confidential information to steal one of his client’s major customers. The arbitration panel awarded his client in excess of $920,000 in future royalties.
- Represented a family-owned business in trade-secret litigation against a publicly held company. The case resulted in a substantial settlement for Jeffrey’s client that included both cash and non-compete restrictions.
- Represented an information technology consulting firm in its case against two former employees and their new employer regarding the theft of the information technology consulting firm’s contract. The defendants convinced the district court to dismiss the information technology consulting firm’s case, arguing that the firm’s claims were barred by the applicable Federal Acquisition Regulation and an Executive Order. The Minnesota Court of Appeals reversed the District Court, which greatly weakened the defendants’ position. The parties then settled.
- Advised a major Minnesota manufacturer on a variety of trade-secret issues, including conducting due diligence in supply agreements and protecting trade secrets when high-level scientists depart.
Complex Equipment/UCC Article 2 Litigation
- Represented a buyer on its claim that the seller breached its warranties on the protein powder purchased by the buyer. The seller counterclaimed on a different transaction. Jeffrey persuaded the court to grant summary judgment for the buyer on liability on both the buyer’s claim and the seller’s counterclaim. As a result, the only issue remaining for trial was the buyer’s damages. The case then settled shortly before trial.
- Represented a national door manufacturer against a supplier regarding defective components. After defeating a motion to dismiss and obtaining relief from a bankruptcy stay, Jeffrey successfully negotiated a settlement.
- Represented the purchaser of packaging equipment who claimed that the equipment was defective. Jeffrey won a judgment for the entire amount sought by the Plaintiff.
- Defended a packaging equipment manufacturer against a claim brought by the purchaser that the equipment was defective. The arbitrators not only rejected the purchaser’s $3 million claim, they also awarded Jeffrey’s client the unpaid balance of the equipment price.
- Helped a Minnesota company that had purchased defective electric motors from a foreign manufacturer. In a one-week arbitration, Jeffrey was able to establish that the motors had counterfeit bearings and the panel awarded his client $1.75 million.
- Represented the buyer of several units of heavy construction equipment. Jeffrey guided all the buyer’s warranty claims through summary judgment and convinced the court the equipment was defective. As a result, the buyer received a substantial settlement.
- Represented a minority shareholder who was managing the Minnesota division of a multi-state tire and automobile servicing chain. Jeffrey guided the shareholder’s breach of fiduciary duty and buyout claim through summary judgment, including the shareholder’s claim for continued employment. As a result, the shareholder received a substantial settlement.
- Represented shareholders in a derivative action against the managers and board of a cooperative regarding their alleged mismanagement. The litigation resulted in a substantial settlement for the shareholders.
- Represented two of the largest financial contributors to a project to build a beef-processing facility in Huron, South Dakota. Bringing both direct and derivative claims, the contributors alleged that the defendants misled investors, misused investor funds, and mismanaged the financing and construction of the plant. The litigation resulted in a substantial settlement that allowed the contributors to recoup a very high percentage of their investment in and loans to the project.
- Represented the minority unitholder in a limited liability company. Through preparing a detailed complaint and tough negotiations, Jeffrey was able to get the minority shareholder’s entire investment back.
- In federal district court in Los Angeles, Jeffrey represented a franchisee who was sued by the franchisor. The franchisor sought to terminate the franchisee. The franchisee counterclaimed for breach of the franchise agreement. The federal court threw out the franchisor’s claim on summary judgment. Shortly before trial, the franchisor paid the franchisee to settle the franchisee’s counterclaims.
- Represented the sellers of a corporation in a series of lawsuits against the purchaser and series of entities that the purchaser fraudulently transferred assets to. As a result of the litigation, the purchaser was forced to return assets to the sellers and make a series of cash payments that not only satisfied the amounts owed to the sellers, but also covered a significant portion of the sellers’ legal fees.
- Represents a variety of franchisees in the It’s Just Lunch™ franchise system on franchise law, employment issues, and client issues.
Articles & Presentations
September 15, 2017
As an attorney, I have represented manufacturers for over 20 years in cases involving their warranty obligations.Read More
October 13, 2016
In Feed Management Systems, Inc. v. Comco Systems, Inc., a decision applying Minnesota law, the Eighth Circuit held that a broad indemnification clause obligated the indemnifying party (indemnitor) to indemnify the other party (indemnitee) for the indemnitee’s own misconduct, despite a lack of specific language in the clause addressing indemnitee misconduct. No. 15-840 (8th Cir. May 23, 2016).Read More
January 21, 2016
This article, which discusses due-diligence items 6-10, is the second part of an overview of the 10 key factors to examine whether information is protectable and has value as a trade secret.Read More
June 23, 2015
As a transactional lawyer, what are the key things that you should focus on in due diligence to determine whether the trade secret your client is considering acquiring is treasure or trash? Anyone can read the various state trade-secret statutes. This article’s purpose is to go beyond the skeletal description contained in the statutes and flesh out the statutory definition with a litigator’s experience regarding what the arbitrators and juries are likely to protect as trade secrets. Accordingly, here are the first five things from a litigator’s perspective that a transactional lawyer should examine when they are conducting trade secret due diligence.Read More
Square Peg Meet Round Hole - Do Design Defects Breach a Warranty Against Defects in Material or Workmanship?
January 27, 2014
In Bruce Martin Constr., Inc. v. CTB, Inc., 735 F.3d 750 (8th Cir. 2013), the Eighth Circuit considered whether a design defect breaches an express warranty against “defects in material or workmanship.”Read More
PUBLICATIONS & PRESENTATIONS
- Presenter, “Due Diligence Deep Dive: Overlooked Areas That Create Unexpected Risk,” 4th Annual Medical Device Corporate Strategy and Business Development, January 25, 2018
- Presenter, “Damages In Business Tort Litigation,” Minnesota CLE, November 28, 2017
- Presenter, “Essential Terms in Sales Confirmations and Contracts,” Minnesota Precision Manufacturing Association, September 21, 2017
- Presenter, “Managing Liability in the Sale of Goods and Services: Warranties, Disclaimers, and Limitations of Liability,” Minnesota Association of Corporate Counsel, October 13, 2015
- Co-Author, UPDATE: “The Secrets of Trade Secrets: Protecting Your Company’s Trade Secrets and Protecting Your Company Against Trade-Secret Claims,” with Ingrid Culp, Timothy O’Shea and Anupama Sreekanth, March 2015
- Presenter, “Your Trade Secret Toolkit: Tools to Help Manage Trade Secret Risks,” March 5, 2015
- Presenter, “Defusing the Damages Bomb: Best Practices for Establishing, Negotiating and Implementing Sales Contracts,” April 2014
- Presenter, “UCC-Article 2,” April 23, 2014
Honors & Education
- University of Minnesota, J.D., 1996, cum laude
- University of South Dakota, B.A., Political Science and Economics, 1992, cum laude, university scholar
- Minnesota, 1996
- South Dakota, 1997
- U.S. District Court, District of Minnesota 1998
- U.S. District Court, District of South Dakota 1998
- U.S. District Court, Western District of Michigan, 2013
- U.S. Court of Appeals, Eighth Circuit 1998
- U.S. Court of Appeals, Ninth Circuit 2007
- Received 2006 Elmer H. Wiblishauser Author’s Award
- Minnesota Super Lawyers, Rising Star, Minnesota Law & Politics
- Instructor, Louisiana State University Trial Advocacy Program
- Faculty member, NITA Gulf Coast Regional Trial Advocacy Training Program
- American Bar Association
- Minnesota State Bar Association
- State Bar of South Dakota
- Hennepin County Bar Association