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Partnership disputes can cause significant challenges for any business. Sometimes, they even lead to strained relationships or the dissolution of the business. To prevent such disputes, it's essential to have a clear understanding of partnership agreements. These...
Companies sign contracts with vendors and service providers for a range of different reasons. Typically, organizations expect that the other party to a contract will fulfill the agreement in a timely manner. Unfortunately, contract fulfillment does not always occur...
Asset purchase agreements, commonly known as APAs, are the backbone of any business acquisition. These agreements can either make or break the entire deal. It’s crucial to understand what an asset purchase agreement entails, what it covers and what to watch out for....
When you create something new, whether that’s a novel, a piece of music or a complicated bit of code, you naturally want to protect your intellectual property from theft and unauthorized use. Many people – including professionals – are still under the misconception,...
When businesses are particularly innovative, they may produce novel inventions, product designs and/or manufacturing processes that serve as valuable intellectual property. Unlike trademarks and copyrights, which tend to be relatively enforceable even if they haven’t...
In today's fast-paced business world, mergers have become common strategies for growth and expansion. These corporate unions can bring about significant changes and challenges, but with the right preparation, your business can navigate the merger process smoothly and...
In the fast-paced and dynamic business landscape of New York, contracts form the backbone of every successful transaction and partnership. However, verifying that these contracts are legally enforceable should be of paramount importance to business owners. The...
Do you have business-related trade secrets to protect? If you answered no, consider rethinking the question, as there is an excellent chance that you do. Most New York business owners who think they have no secrets to worry about are wrong. Many things can qualify as...
Generally, companies aren’t interested in taking on the name of a competitor (or any other company) that has gone out of business amidst a well-publicized bankruptcy. The executives at Overstock.com seem to have no such concern. The company has bought Bed Bath &...
Contracts are crucial in business. They highlight what is expected of involved parties, help operations run smoothly, encourage confidentiality and reduce disputes. However, an agreement may not offer these benefits if it lacks crucial qualities, including clarity....