Term Sheets or Letters of Intent (LOIs) are commonly used in the buying or selling of businesses or other key contractual relationships. The purpose of LOIs are to clearly state the principal [...]
Five Things Every Business Leader Should Know about Confidentiality Agreements
In Corporate Issues PostedConfidentiality agreements are among the most common types of commercial contracts. Businesses use confidentiality agreements to protect their valuable, non-public business information in [...]
Metz Lewis Brodman Must O’Keefe LLC  will hold a breakfast seminar on Thursday, October 3, 2013, at the Regional Learning Alliance in Cranberry, PA. This 90 minute discussion focuses on [...]
Imagine this. Your sales manager oversees a staff of fourteen sales people, about half male and half female. As sales vice president, one of the sales people comes to you (and it really does [...]
Pennsylvania Court Enforces Restrictive Covenants Contained In Employment Agreement Signed After A Formal Offer Letter Given To Employee
In News PostedIn Pulse Technologies, Inc. v. Notaro and MKPrecision, LLC, No. 6 MAP 2012 (M.D. S.Ct. PA May 29, 2013), the Supreme Court of Pennsylvania overturned a Superior Court’s decision to [...]
Illinois Court Refuses To Enforce Restrictive Covenants, Finding A Lack Of Adequate Consideration
In News PostedIn Fifield v. Premier Dealer Service, 2013 IL App. (1st) 120327 (June 24, 2013), the Illinois Appellate Court ruled that post-employment restrictive covenants were unenforceable because of a lack [...]
Imagine this. You have three “gizmo” repair workers (you are a prominent manufacturer of “gizmos”) who normally do repairs in your facility from 8am to 4pm daily Monday [...]
Irs Has Issued Transitional Relief From Health Care Reform’s Employer Mandate And Informational Reporting Requirements
In News PostedOn July 2, 2013, the Obama Administration announced a postponement of three Health Care Reform requirements:Â (1) the penalties assessed against employers under the “Employer Shared [...]
Imagine this. Your local company has had it with employee X. Missing too much work and being a general pain in the rear, you have told him that his employment with your company is done effective [...]
New Department of Labor regulations obligate certain service providers to pension plans to make detailed disclosures to responsible plan fiduciaries. Â If these disclosures are not received by [...]
