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In today's job market, employees making frequent job changes, as well as changing companies, has become commonplace. Non compete agreement are typically used to protect employers from having trade secrets exposed when an employee leaves the company. But how...
Contract Disputes
“Walking Dead” team alleges breach of contract in lawsuit
It's a phenomenon that has no doubt captured the attention of many New York business people: the rise of quality television programming over the past few years. Many award-winning shows are available for viewing both on traditional television and on-demand streaming....
When is breach of contract a “material breach”?
New York businesspeople rely on their customers, clients and vendors to keep their promises or to renegotiate agreements if the current ones are not working out. These promises and agreements are called contracts, and our legal system recognizes the importance of...
Negotiation and litigation in contract disputes
Whether it's a simple sale of goods or a complex and critical merger or acquisition, the business of most Manhattan companies is ruled by contracts. In the vast majority of cases, business people either adhere to the contracts they have made or successfully...
Your non-compete agreement must hold up to challenges
With your business up and running, you were likely ecstatic about its success and the capital you invested in it. However, you have reached your goals, and your business is becoming profitable. In fact, you and your partner may be discussing expanding your staff. This...
Hope for New York investor’s case after federal ruling?
A billionaire investor from New York, Lynn Tilton, recently found a good reason to be hopeful in her ongoing litigation with the Securities and Exchange Commission (SEC) after a federal appeals court ruled in an unrelated case. The federal ruling indicated that the...
Understand your real estate brokerage contract
A real estate broker's job is to match potential home buyer or tenants who wish to rent or buy property, a home or an apartment. The relationship between the property owner, the broker, and the potential buyer or renter always varies, depending upon the contract...
Cigna alleges breach of contract in merger case
Mergers and acquisitions are complicated business arrangements with many business and legal steps that must be undertaken before the agreement can be finalized. At the heart of these business deals are generally complicated and legally binding contracts. These...
What are the remedies for a breach of contract?
A contract is a series of promises between one or more parties. In the terms of the contract the parties clearly laid out their expectations for their relationship. These are the terms by which the parties should act when dealing with each other. However, the reality...
Can a contract dispute arise out of an implied contract?
When two or more New York parties negotiate, make an offer and then accept the terms they offer one another, they form a contract that is then signed by both parties. When this happens, all parties involved know that the contract contains all the terms...
