In business relationships and entities of all kinds, certain individuals are expected to act as fiduciaries. A fiduciary is a person who is supposed to act in the organization or individual’s best interests, and when…
When you’ve signed a contract with another party, it’s a legally binding agreement that creates an obligation to do something. In some cases it is a service, in some cases, it is a sale, but…
Being named a defendant in a lawsuit is a frustrating and stressful experience, but this is especially true when the claim against you is meritless. Unfortunately, it is not uncommon for people to file lawsuits…
Accounting is a complex process. From recording financial transactions to analyzing the impact of a business’ economic decisions, accounting requires highly specific expertise and understanding of what is being reported, as well as associated laws….
When intellectual property laws were first written, the goal was to protect authors from having the content of their books stolen and to protect inventors’ inventions from being copied and sold by others undeserving of…
A former executive of rehabilitation institute Rothman Orthopaedics sued the company in Pennsylvania state court, claiming he was fired and “perp-walked” out of the building in retaliation for raising the alarm about financial mismanagement practices….
The phrase, “It’s just business, nothing personal” belies the truth that emotions play a significant role in corporate disputes. Whether the conflict surrounds a single contract or an organization’s future direction, it’s essential to remember…
Non-compete agreements have long been deployed by businesses to protect against employees taking proprietary information, trade secrets, and even the value of any training that they’ve received to competitors. Unfortunately, abusive use of these contracts…
Employment contracts are agreements that are designed to protect both the employer and their employee. Having a contract in place is meant to prevent disputes: by spelling out the responsibilities, expectations, and obligations that each…
A business partnership is a legal entity that’s formed when two or more individuals intend to move forward as co-owners, with the goal of turning a profit. Though it is good practice to have this…