New York City real estate investor and developer Harry Macklowe, as some readers may have heard from local gossip, is currently working through a divorce with Linda Burg, his wife of 57 years. She apparently filed for divorce last July after it was discovered that he had been allowing a mistress to stay at one of his apartments, less than a mile from his home.
Ownership of marital assets in dispute in NY City real estate developer’s divorce
Navigating issues related to restrictive covenants in the employment relationship, P.2
Previously, we began looking at the topic of restrictive covenants in New York, and specifically at noncompete agreements. As we noted, the general rule with noncompete agreements in New York is that they must be reasonable as to both duration and geographical area.
Don't want to be business partners with a former spouse?
Do you find yourself thinking about the net worth of your business assets while simultaneously planning your New York wedding? Some might say business and weddings don't go together, and trying to blend the two fails in the romance department. Yet, others understand that business interests often encompass a person's greatest assets, and their protection remains of paramount importance, even when (and perhaps, especially when) planning a wedding.
How can I protect my invention?
Inventors in New York and all over the nation are responsible for some of the most amazing innovations the world has ever seen. If you're developing an exciting and useful new idea, you are no doubt concerned about preventing your invention from being capitalized on by others. In this case, having protections in place early on is essential for keeping your ideas out of the wrong hands.