Contracts form the bedrock of many business relationships in New York. Vendors, suppliers, subcontractors—there is a different type of contract for any given relationship. Unfortunately, sometimes even the most carefully crafted contract isn’t enough to prevent...
Trade secrets are some of your most valuable intellectual properties. There are many things that constitute trade secrets, but generally, they are anything that has inherent economic value for your business. Your trade secrets can be your information, designs,...
Compared to forming certain types of business entities, such as a corporation or an LLC, it's relatively easy to form a partnership. Technically, any time two or more people decide to jointly manage a business and share its profits together, they are creating a...
If you are in business, there is a very good chance that you have various contracts with other businesses. In the best of all possible worlds, everything runs smoothly according to the contract for the duration of the contract. However, that world is not necessarily...
Celebrity lawsuits are always interesting as they often involve damages in the millions that we can only dream of. Football fans of Odell Beckham Jr. may be interested to learn that the NFL free agent is embroiled in a lawsuit with the sportswear company Nike,...
When is a seltzer a beer? When does a license to use a trademark give someone free rein to do whatever they want with it? At first, these two questions appear to have little in common with each other, but they both come up in a legal dispute currently moving through...
Many closely held businesses in the New York City area are owned by members of the same family or friends who have known each other for a long time. It is a hard fact of life that even when owners are related, conflict between them can tear a closely held business...
Business litigation scares even the savviest businesses owners. Why? Because, quite literally, business owners could lose their business, either through bankruptcy due to an extremely large judgment or through receivership. And, what some business owners may not know...
Finding available cash for expansion or current operating expenses is a constant challenge for many businesses, especially smaller start-up companies. Some small enterprises have rejected common financing schemes, such as secured loans, in favor of cash advance...
Many businesses in the New York City area rely on secrecy or confidentiality to protect their business secrets. Two types of agreements are used to accomplish this end: non-compete agreements (NCA) and non-disclosure agreements (NDA). NCAs are used to prevent key...