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Commercial leases often run for multiple years. Even if the tenant business closes or begins operating out of a different space, paying rent may still be an ongoing responsibility until the lease technically ends. Those concerned about overextending themselves and...
A company’s reputation is widely considered its most valuable asset. Defining “reputation” and determining what goes into creating or damaging a business’s reputation isn’t a simple task. Reputation may be seen as one of those intangible things that can make or break...
Contracts guiding intellectual property can be complex, as not every clause is always clear. When terms like derivative works or commercial use are open to interpretation, it can create confusion and potential conflict. Most of these disputes arise when two parties...
Recent media reports indicate federal indictments led to the out-of-state arrests in Florida and Texas of a company founder and the former chief operating officer (COO). It’s alleged that the founder of a subprime auto lender and a top executive defrauded lenders of...
Hiring employees requires significant trust. Sadly, that trust is sometimes misplaced, and the employer discovers their employee has been committing fraud. While some red flags, such as missing money or falsified records, may be blatant, others are subtle and easy to...
Trademarks, copyrights, patents, trade secrets, branding materials and other types of intellectual property (IP) are all valuable business assets. IP infringement is a serious issue, which can lead to financial harm, branding issues and reputational damage. Businesses...
It is important for business executives and corporate entities to understand trademark infringement. If they hold a trademark over a certain product design, for example, it is illegal for another company to use that design without permission. The design itself is a...
When you see a commercial partner performing poorly or a major contract term becoming contentious, it is essential to have a business protection plan in place. You become vulnerable to costly mistakes if you choose to wait for disaster to strike. Anticipating issues...
When someone disrupts your business relationships on purpose, you may wonder if there is a clear way to respond. Many people ask whether these situations can be resolved quickly or if they require a deeper look. The answer often depends on the scale of the harm and...
When New York business owners build or remodel a property, they trust every contractor to follow the building code. However, a subcontractor sometimes does sloppy or unsafe work. This leads to code violations and the city issues fines. This feels unfair to the...