When disputes arise between businesses or individuals, legal action sometimes follows. In these cases, business torts often come into play. A business tort is a wrongful act, either intentional or negligent, that causes harm to a business or its reputation....
Business Disputes
The importance of customizing force majeure clauses in contracts
Contracts often include a force majeure clause to account for unexpected events. While they seem straightforward, they can lead to misunderstandings if they are too vague or don’t fit the contract’s purpose. Customizing these clauses helps prevent disputes and ensures...
What does it actually take to enforce a noncompete agreement?
Noncompete agreements are common in almost every industry. Businesses have every right to protect their trade secrets and retain key employees, and it is in their best interests to advocate for that right. Enforcing a noncompete agreement is not automatic, though....
How can businesses handle cross-border commercial disputes?
Cross-border business disputes can be tricky because they involve different laws and rules. Companies need clear strategies to deal with these conflicts and protect their work effectively and efficiently. Know the rules and agreements Businesses need to decide which...
What should companies consider before using noncompete agreements?
Noncompete agreements help businesses protect important secrets and stay ahead of competitors. While they can work well, asking independent contractors to sign these agreements brings up legal and ethical questions. Companies need to think carefully to make sure they...
Could trade secret disputes threaten your company’s success?
In the competitive business world of Pennsylvania, protecting your company's trade secrets is crucial. These valuable assets, ranging from customer lists and pricing strategies to manufacturing processes and proprietary algorithms, can make or break your market...
What legal issues arise when using AI in contract management?
Artificial Intelligence (AI) is transforming many areas of business, and contract management is no exception. Companies use AI to streamline processes, but it's important to consider the legal issues that come with it. Data privacy and security concerns AI systems...
Dealing with disputes among business partners: a guide to resolution
Navigating disputes among business partners can be challenging but addressing them head-on is crucial for the health of the partnership and the business. Conflicts are natural in any relationship, especially in business, where high stakes and emotions can run deep....
How can force majeure clauses be updated to address pandemics?
Force majeure clauses are important parts of many contracts. They let people get out of their obligations when unexpected events make it impossible or very hard to keep up their end of the deal. After the COVID-19 pandemic, many businesses realized they need to update...
Fiduciary duty in business and employment
A fiduciary duty is created when a person takes on the legal responsibility of acting in the best interests of another party. The fiduciary is the person who holds that responsibility, and the principal is the party to which the fiduciary owes this legal...