Perspectives

Indemnity clauses are in lots of contracts. For some, they are wonderful. For others, they are not! Before we get into that though, it is important to understand what they are. …

Employees are often asked to sign noncompete agreements that limit the employee’s legal right to work for other employers or for themselves during and after their employment.

This is the third part of a three part blog about noncompetes. The first part discussed the enforceability of noncompetes. The second part discussed considerations and negotiation tactics when an employee is asked to sign a noncompete. This third part discusses considerations and options when an employee has already signed a non-compete and they “want out” of it. …

Employees are often asked to sign noncompete agreements that limit the employee’s legal right to work for other employers or for themselves during and after their employment.

This is the second part of a three part blog pertaining to noncompetes. The first part discussed the enforceability of noncompetes. This second part discusses considerations and negotiation tactics when an employee is asked to sign a noncompete. …

Employees are often asked to sign noncompete agreements that limit the employee’s legal right to work for other employers or for themselves during and after their employment.

This is the first part of a three part blog about noncompetes. This first part discusses generally the enforceability of noncompetes. …

If you decide to loan money to another person, whether it be a family member, friend, or business associate, you should always have a signed document that lists the terms of the agreement. That document is referred to as a promissory note, and it works to protect all parties involved. As the lender, the document is evidence that the sum of money provided was not intended to be a gift. The borrower is protected because the note will have all of the provisions that the parties agreed upon, and the lender can’t make changes without the borrower’s permission. When drafting your own promissory note, it is important to have the following provisions addressed and included: …

Companies both small and large  have a strong desire to export their products abroad.  Viable markets, proper infrastructure, product support needs, and ensuring payment are all incredibly important considerations, however once the decision has been made to ship, the question becomes how to ensure the product gets out the door and to its destination. …

Historically,  most credit departments have provided their customers with paper credit applications,  to be filled out by hand and  carried or sent back, by fax or mail. This has been the common approach for decades. However, with the explosion of Internet use over the last ten years and its expanded capacity for rapidly moving information, transactions that used to be accomplished with paper are fast moving to electronic forms. One example of this occurred on September 11, 2001. …