Raleigh Legal Issues Blog
Amicable resolution reached over non-compete agreement
Business owners and executives in Raleigh typically realize that their employees are among their most valuable business assets. That said, there are times when one (or both) sides recognize that it may be best to move on. Employees leaving want to be able to continue...
Tips for handling the family business in a divorce
Business ownership disputes can be difficult enough to handle by themselves. However, the situation can become even more complicated if your business partner is also your spouse. Not only are there important business matters to consider, but these also become mixed up...
What are the common terms of a non-compete agreement
If you are a business in North Carolina that values your hard work and wants to protect it from your competitors, you may opt to have new employees sign a non-competition agreement when they come to work for you. These contracts are often for a specific period and...
What is a no damage for delay clause?
An essential part of any construction business is a contract. You need a contract for every job to ensure that you protect your business, look out for subcontractors and provide good service to your clients. A contract can help you to manage a project and ensure that...
What is a non-solicitation agreement?
In any business, it is essential to protect your intellectual property and other resources from loss or theft. One of the most common ways that business owners attempt to protect their resources, especially when employees leave, is through non-compete agreements....
What are the different types of restrictive covenants?
"Restrictive covenants" is the collective term for contract provisions that prevent employees from competing with former employers after leaving the company or making use of confidential information obtained there. According to the American Bar Association, there are...
How can you write an enforceable non-compete agreement?
Non-compete agreements are simply a fact of life in the world of business. When it comes to protecting your legitimate interests, they are an important and valuable tool. However, if you need to file a lawsuit to enforce a non-compete agreement, you may find that the...
Do you need a shareholder agreement if you have corporate bylaws?
If you start a corporation, you must create corporate bylaws, but there is no obligation to create a shareholder agreement. However, it may be to your advantage to do so, especially if your company has more than one shareholder, which is usually the case even for...
Non-compete agreement basics
Business owners and executives in North Carolina logically need and want to protect their confidential information and competitive advantages to ensure their companies have the best opportunities to succeed and thrive. Many tools and strategies offer ways to do this...
Protecting your company’s trade secrets
If an employee leaves your business and takes confidential information to use for his or her own gain, you may have grounds for legal action under the North Carolina Trade Secrets Protection Act. This statute defines misappropriation of trade secrets and outlines...
