Product licensing agreements, whether the product is software, hardware, or simple consumer goods, center around two major legal areas: contract law and trademark law. The contract part of the agreement is fairly obvious while trademark is an added necessity in this modern age (where often up to 90% of a product’s value consists of the …
Non-Disclosure and Non-Compete Agreements
There are several reasons a business might decide to employ a non-disclosure or a non-compete agreement (collectively known as “restrictive covenants”):
The business is engaged in work that grants its employees access to sensitive information which, if publicized, would get said business sued by its clients. Such work can range from managing e-mail exchange servers to …
Small Business Formation: LLCs versus S-Corps
If you have researched forming an LLC in New York, you probably ran into the state’s little extortion scheme. New York requires all LLCs to file a Certificate of Publication within 120 days of formation or else lose said formation.
To get a Certificate of Publication, the LLCs must publish their Articles of Organization in two …