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What is product liability law, and when is it applicable?

product liability law What is product liability law, and when is it applicable? Product Liability is a legal term that refers to a manufacturer’s, distributor’s, and/or seller’s culpability if a customer is harmed by a defective product. Manufacturers are not required to produce
Posted in Business Law, Business Planning, Buying and Selling of Businesses

What do you do when your business is being sued?

business sued What do you do when your business is being sued? When your business is being sued, it can feel like all of the hard work of you and your employees is at stake. You will likely be notified of the
Posted in Business Law, Corporate Law, Fraud, Litigation Series

What is Business Protection Insurance?

Business Protection Insurance What is Business Protection Insurance? Business insurance is essential protection that will help cover the costs of losses such as lost revenue, lawsuits, property damage, and other costs. Businesses will usually purchase several types of insurance and combine them into
Posted in Business Law, Business Planning

What is Arbitration and dispute resolution?

arbitration and dispute resolution What is Arbitration and dispute resolution? Any method of resolving a disagreement outside of court is referred to as Alternative Dispute Resolution or ADR. The most common method of ADR is arbitration. Arbitration, mediation, or other methods of conflict resolution
Posted in Business Law, Corporate Law, Personal Law

What does employment law cover?

employment law What does employment law cover? Employment law encompasses all federal, state, and local laws as well as judicial decisions that govern the duties and rights of employers and employees. Advising employers and employees, drafting, transactional work, and dispute resolution through
Posted in Business Law, Corporate Law, Personal Law

How binding is a non-disclosure agreement?

non-disclosure-agreement How binding is a non-disclosure agreement? A great way to safeguard private information is by drafting a non-disclosure agreement or NDA. However, is a non-disclosure agreement always enforceable in court? For the most part, NDAs are enforceable. However, before creating
Posted in Business Law, Copyright Law, Corporate Law

How do you protect trade secrets?

Trade secrets How do you protect trade secrets? A trade secret can be the key to a company’s success and their continued success may depend on keeping that secret safe and out of the hands of rivals. Trade secrets are an intangible
Posted in Business Law, Copyright Law, Corporate Law

Defining Injunctive Relief

Injunctive Relief What are injunctive relief and damages? Defining Injunctive Relief An injunction, sometimes referred to as injunctive relief, is a measure that either prohibits a party from acting in a certain way or obliges a party to act in a specific
Posted in Business Law, Corporate Law

Employment Law Issues for Growing Companies and Entrepreneurs

Employment Law Employment Law Issues for Growing Companies and Entrepreneurs With the complex federal, state, and local employment regulations that apply to all businesses, the human resources industry is growing to meet the demand. The hiring process can easily overburden a corporation,
Posted in Business Law, Business Planning

Preparing for an Exit Transaction

Exit_Transaction_ L Preparing for an Exit Transaction Initial public offerings are becoming less common as startup founders are starting to look to exit their companies through acquisitions or asset sales. If a merger, acquisition, or asset sale seems likely for your business,
Posted in Business Law, Business Planning, Buying and Selling of Businesses
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