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New York residents may be familiar with shoe designers Nike and Adidas, but they may be surprised to hear about allegations that former designers for Nike may have stolen commercial secrets. The three individuals accused were once senior footwear designers for Nike....
When a business and a customer execute a sales contract, the customer generally promises to pay a specific amount of money and the business agrees to deliver a service or product. Once the agreement is signed, the document then becomes legally binding. According to...
New York City is home to a number of venture capital firms, and every year, they provide financing that allows entrepreneurs with innovative ideas to start or grow their businesses. This financing would usually be considered too risky for more conservative lenders,...
This year, thousands of business contracts will be crafted and signed in New York. A contract is essential for protecting a business's interests. There are three essential steps for creating a business contract: identifying the intent, listing the main terms and...
Companies merge in order to achieve a variety of different results. Depending on the end goal, there are several different ways to categorize a merger. There are five main types of mergers. One type, conglomerate mergers, can further be described as pure or mixed....
Small business owners in New York may be able to procure much-needed funds through a 7(a) loan guaranteed by the U.S. Small Business Administration. While each applicant is individually assessed, some general requirements apply. In order to qualify for a 7(a) loan,...
New York businesses enjoy a dazzling array of money-making opportunities. For entrepreneurs who are starting a new business and looking for outside capital, it may be wise to examine their business plan and optimize it for the purposes of attracting equity...
Patents are legal protections that give the inventors of intellectual property the right to keep others from misusing their property over a 20-year period from the application file date. Misuse means no one other than the inventors can manufacture, use, offer to sell...
Issues involving intellectual property can affect both businesses and employees, making it important for anyone dealing with relevant issues to have reliable counsel related to action concerning a concern. Familiarity with both federal and state laws is important in...
In a move meant to increase the amount of branded pharmaceuticals it can offer, Endo International Plc has opted to acquire Auxilium Pharmaceuticals Inc. In New York, Auxilium's shares recently jumped 9 percent, and Endo's stock fell nearly 6 percent during the same...