In New York, big construction projects use many different workers and teams. Every team brings risks like accidents, property damage or delays that cost a lot of money. An indemnity clause is part of a contract that helps manage these risks by saying who pays for...
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What is “disgorgement?”
“Disgorgement” is one of those terms that most people first hear when they’re facing the possibility of having to pay it. It’s commonly used in the context of “disgorgement of ill-gotten gains.” Disgorgement is ordered by a federal agency (usually the U.S. Securities...
Litigation risks in the age of digital commerce
Digital commerce has changed how businesses buy and sell. It brings new chances for growth. It also creates new disputes. Courts now deal with conflicts over online marketplaces, platform liability and contract rules. Companies that use digital platforms need to...
Why take extra care if a business partner is divorcing their spouse?
When you choose a business partner, their personal life does not necessarily come into your thinking. Provided they have the skills, contacts or money that you need, you may be perfectly happy to join forces with them, without giving too much thought to their home...
Defending your company from money laundering charges
Money laundering charges can threaten a business by suggesting involvement in illegal activities. For business leaders, such an accusation can bring serious consequences. If your company finds itself in this situation, what should you know and do to protect it?...
4 critical elements of a RICO case every executive should understand
When federal investigators accuse a company of violating the Racketeer Influenced and Corrupt Organizations Act (RICO), the situation can be confusing and overwhelming. Knowing the basics can help executives make smart decisions during these tough times. Understanding...
The advantages and risks of exclusivity clauses
Exclusive licensing deals can be a powerful tool for the growth of your business. They offer unique advantages and higher profits. However, they also come with hidden legal risks. One wrong move could turn a smart move into a costly mistake. Many business leaders...
Can kinship bias be considered tortious interference?
To grow and expand your business, you strive to make connections with others. You build up your business relationships, aiming to move forward toward success and profit. However, sometimes, others knowingly discredit and break the relationships you build because they...
How can business executives manage their reputation after racketeering charges?
It was a seemingly ordinary day at work, but suddenly, you learned that your company was facing racketeering charges. Allegations of illegal activities, such as fraud, extortion or bribery, are serious, and their consequences can be devastating. The reputation you...
Legal considerations for global supply chain management
Businesses depend on an efficient and productive supply chain to succeed. Everything from planning to sourcing to production distribution, inventory management, logistics, and information flow must work in lockstep to maximize profit and reduce losses. Part of a...
