Contracts form the foundation of business relationships, establishing rights, obligations, and expectations between parties. However, the complexities of contract law can be overwhelming, making it crucial to have a contract lawyer review your contracts. In this article, we will explore the numerous benefits of seeking professional legal guidance when reviewing
Category: Business Law
For many years, restrictive covenants have served as a valuable tool within legal agreements, aiming to protect the interests of the parties involved. These provisions, often referred to as non-compete clauses or non-disclosure agreements, impose restrictions on individuals or companies, prohibiting them from engaging in specific activities or disclosing certain
At some point, almost every business faces the problem of an employee leaving to start a competing business. But before the worker leaves, he or she takes some things that will be very valuable in the new business — the former employer’s customer lists, marketing plans or other confidential information.
Shareholders of closely held corporations often view corporate minutes as a needless formality. But for legal, historical, and tax reasons, keeping good corporate minutes is important and worthwhile. By law, corporations must keep minutes of meetings of shareholders and directors. Failure to do so may be damaging. For example, if
One of the main benefits of doing business in the corporate form is the limited liability enjoyed by shareholders. Since a corporation is an entity separate from its shareholders, a person making a claim against a corporation can look only to the entity to satisfy the claim. A major exception