Now that you know with certainty that a former employee has left your company for a competitor, and in the process, has stolen your company’s valuable trade secrets, you need to decide whether to file a lawsuit to recapture the stolen intellectual property and recover your damages from him and any other individual(s) involved. The …Read more
Commercial real estate borrowers and mortgagors formed as Delaware limited liability companies (“LLCs”) should be aware of new loan requirements after recent amendments to Delaware’s LLC Act. The LLC Act amendment, which became effective in August 2018, allows Delaware LLCs to be divided into one or more newly formed Delaware LLCs and allocate assets and …Read more
A few years ago, the Symantec Corporation and Ponemon Institute released the results of a survey of employees working for companies in six countries, including the U.S., Brazil, China, France, Korea and United Kingdom. The results were remarkable. They should place every chief executive on notice of the risks of data security breaches her company …Read more
Does your family business own a piece of property that may be contaminated? We often hear clients say they do not want to know the answer to that question because they will be forced to do something about it. We disagree with that approach because you can’t make a good business decision about your potentially-contaminated …Read more
The applicability of the federal securities laws is remarkably broad. The Securities Act of 1933 defines a “security” to include stock, bonds, notes, fractional undivided interests in oil, gas and other mineral rights, and “investment contracts.” The Supreme Court analyzed such contracts in the Howey case to mean investments in a common enterprise with an …Read more