Liquidated damages are predetermined amounts of compensation outlined in contracts to address the possibility of a breach on the part of one of the parties to the agreement. They are meant to pay for the…
Even before the pandemic, remote work was significantly changing workplace dynamics. One of the most troubling ways for businesses is the challenge that having employees out of physical sign can impact the enforcement of non-solicitation…
There are many reasons why employers feel they need to monitor their employees’ activities, and technological advances in recent years have made doing so easier than ever before. From monitoring email and internet usage to…
The most basic purpose of the courts is to right wrongs, but achieving that goal is sometimes complicated by malicious misuse of the system. The challenge for judges lies in preserving legitimate access to justice…
Disputes over commission and bonus payments are among the most daunting challenges that arise between businesses and their employees or contractors. They are usually the result of miscommunication, though they are occasionally related to financial…
At first glance, the process of dissolving a business may seem focused on the division of assets and wrapping up loose ends. But fiduciary duties continue to apply, particularly those of directors, officers, or partners,…
Are you familiar with the Security and Exchange Commission’s Regulation Best Interest? Introduced by the SEC in 2019, it was meant to enhance and raise the bar for the standard of conduct for broker-dealers when…
Does your company rely on trade secrets for its success? A trade secret is confidential information that gives a business a competitive edge. Depending on your industry, it might be a process or design, a…
Being accused of a breach of fiduciary duty represents a threat to professional reputation and standing, as well as the potential for legal liability. You must respond to this type of claim with a well-thought-out…
Many elements must be addressed with care when a partner is disassociating, and one of the most important is valuing their interest in the business. Several approaches can be used, and each has its pluses…