We are frequently hired by members of LLCs and shareholders of companies to bring claims of breach of contract. When shareholder and LLC member disputes must be tried, the law provides multiple avenues for recovery of not only actual and punitive damages, but...
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What terms do you need in your licensing agreement?
Your intellectual property can be invaluable to your business, giving you a distinct advantage over your competition. But your intellectual property doesn’t have to just work for your business. For example, you can monetize your intellectual property by engaging in...
3 questions that protect your company in a commercial lease
Other than your payroll expenses, what you pay for your facilities will be one of the biggest operating expenses for your company. Whether you intend to move from an existing facility to a larger one to accommodate growth or sign your first-ever commercial lease for...
Co-anchor sues over the use of her face: Is it intellectual property?
Here is an excellent question: Is a person’s famous face a type of intellectual property? After all, who a person is can mean a lot in making connections, sales and bringing in an income. The co-anchor for Good Day Philadelphia recently ran into an issue when she...
Can you collect on a debt if you only have an oral contract?
As a business professional, you probably get contracts for most of your major projects. Having everything in writing protects you and makes the obligations of everyone involved clear. Written contracts are also much easier to enforce if there is eventually conflict...
The most common forms of intellectual property infraction
Every human being has ideas, and many people have a job that involves bringing their ideas to life through creation. All types of creation by a person that is not material is a type of intellectual property, and some intellectual property is extremely valuable....
Major technology company lawsuit focuses on breach of contract
One of the main purposes of signing a contract is to create a requirement for the other party to follow through on a promise. Contracts help ensure that businesses will receive the services, utilities and materials necessary for them to operate. When one company fails...
What is unfair competition?
One of the first life lessons we’re taught is to play fairly. One of the first excuses we’re given is that life isn’t fair. Businesses tend to occupy the crossroads of these two contradictory viewpoints. On the one hand, a business often succeeds because it has a...
5 mistakes made by business startups
Starting your own business is exciting, but it’s also tricky. The success rate for startups may feel daunting. You want your idea to work; the last thing you want is for a simple mistake to undermine your company and end it all. But how do you know what mistakes to...
The steps you need to take to handle a contract dispute
When an employee, supplier, vendor or other business fails to uphold their contract with your company, problems can quickly follow. You may not have enough supplies to continue operations at your business or may have machinery that doesn't function because you can't...