Mergers worth a record $2.5 trillion have been brokered so far this year in the United States. At least four of the ten largest deals struck have involved non-tech companies joining forces in hopes of protecting themselves from being overtaken by larger technology firms.
No matter what field you work in, whether it's technology, medicine or business, new hires are likely to be asked to sign either a noncompete or nondisclosure agreement (NCA or NDA), or both. It's become increasingly popular for employees to be asked to sign them before being hired to work for an employer.
Businesses sometimes have to take drastic measures to protect their assets. In some cases, this means taking legal action. Business litigation matters a huge deal for companies because they can drastically impact the business. One thing is for sure in these cases -- you don't want to go into the case unprepared. We can help you find out your options for handling all matters related to the issue so that your business can move past the unfortunate events.
The city of Sarasota is on the brink of needing to pay $50 million in damages to a plaintiff in a breach of contract lawsuit. The plaintiff, Buck-Leiter Development, a private real estate developer, filed suit against the city years ago because Sarasota allegedly broke its contractual arrangement regarding a parking garage for Palm Avenue. Palm Avenue is a retail and hotel space that developers built on city property.
Contracts help us do business. Just like the rule of law, mutual agreements on services and sales build trust and help everyone participate fairly in the systems of business and real estate. Contracts also help us set things right when there has been a disagreement or failure to deliver one end of the agreement.
When a plaintiff alleges that a breach of contract has occurred, it's vital to correctly interpret the contract as well as the circumstances in which it was allegedly breached. In making such a determination, there are a variety of questions that judges need to ask.
A former executive with Coke Florida has been sued for a breach of contract by his one-time employer.
Many companies or individuals rely on contracts to hold others they decide to do business with accountable for doing what they say they're going to do. They're written where anyone who fails to follow through with what they say that they're going to do, also known as breaching a contract, can be held financially liable for not doing so.
Employers having their new employees sign noncompetition agreements (NCA) has become increasingly popular over the past few decades. Two of the most common reasons that an employer may have one of their workers sign an NCA are either out of goodwill or to protect trade secrets.
Construction is big business in Florida, and contractors and developers are always hard at work fulfilling their customers' needs. Large projects often require multiple companies and services to complete, while renovations and single homes are often handled by a single contractor.