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Articles tagged: Business Law
The LLC Operating Agreement Demystified
An LLC operating agreement is a set of rules and provisions that outlines company structure, management, compensation and other internal issues. Read More
McCulloch v. Maryland and the Famous Supreme Court Cases that Changed Our Economy
You may not have heard of McCulloch v. Maryland, but this famous supreme court case is one of three that fundamentally changed our nation’s economy. Read More
The Civil Courts: When Your ‘Confidential Business Information’ Isn’t So Secret
In a civil court case, your confidential business information is only as confidential as the judge allows. Read about Purdue Pharma’s high-profile case. Read More
The Communications Decency Act and the Rise of the Trolls
Section 230 of the Communications Decency Act protects internet companies from litigation of content posted by third parties. Should they have immunity? Read More
4 Steps All Companies Should Take to Protect Themselves from a 401(k) lawsuit
401(k) lawsuits are on the rise. Take these four important steps to ensure retirement plan options are transparent and reasonable. Read More
Expert Advice on Surviving the 2019 U.S. Importers Crisis
How to Lessen the Impact of the New Tariffs Recently, The U.S. raised tariffs on $200 billion worth of products from 10% to 25% with a threat to levy additional tariffs on an additional $325 billion worth of goods from China. These new tariffs follow a host of previous White House-imposed duties on various trading […] Read More
Case Assessment on Trade Secret Misappropriation
How does the court calculate damages in trade secrets misappropriation cases? Learn how to measure actual loss, reasonable royalty rates and other remedies. Read More
This Lawsuit Goes to 11: Fraud and the Economic Loss Rule
The “This is Spinal Tap” Lawsuit If you’ve never seen This is Spinal Tap, close your browser immediately and watch. The 1984 “mockumentary” about a fictitious British rock band touring America belongs on the Mount Rushmore of movie comedies. It birthed a new style of storytelling, and it is impossible to imagine The Office, Parks and […] Read More
Understanding “Reasonable Cybersecurity Measures” to Safeguard Data
Reasonable Cybersecurity Measures for Protection After collecting personal information, businesses must take “reasonable measures” to safeguard it. Some states, such as Florida and Alabama, have this standard (or a similar one) in their cybersecurity statutes. On the federal level, the Federal Trade Commission has brought numerous enforcement actions against companies for engaging in “unfair” cybersecurity […] Read More
The New York City Bar Versus the Litigation Funding Industry
Let’s Talk Litigation Funding A July 30, 2018, legal ethics opinion from the New York City Bar Association (“NYCBA”) raises concerns about a common structure used for funding of litigation. In particular, the NYCBA Professional Ethics Committee concludes: “Under Rule 5.4(a) [of the New York Rules of Professional Conduct], a lawyer may not enter into […] Read More