If you litigate business disputes, it's in your interest to take a look at Jasty v. Wright Med. Tech., Inc., First Cir. Nos 07-1743, 07-1744. There's quite a bit packed into this thirty page opinion, and it covers issues that seem to come up all the time.
The First Circuit also slaps the appellants' counsel on the wrist for including evidence in the record that the trial court had refused to consider. The Court found that doing so was "inappropriate" but not "vexatious." Either way, not a great thing to have that on the record in a United States Court of Appeals decision.
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