Fiduciary involves legal duties and obligations between partners, businesses and clients, and corporations and their employees. There is payment to perform these fiduciary duties. For example, clients hire a money manager to look after the client’s financial...
Commercial Litigation
Commercial Litigation
What you need to know about non-compete agreements in New York
Non-compete agreements protect businesses from unfair competition when an employee leaves the company. The agreements typically include language that prevents sharing trade secrets or using your unique skills to help the competition for a specific length of time....
When a noncompete waiver goes too far
One basic principle of the American free market system is that workers have the opportunity for advancement. If that opportunity does not come at your current job, a competitor might see your experience and hire you at a better salary. It is a cornerstone of the...
Former Wells Fargo insurance broker sued on non-compete agreement
Non-compete agreements serve an important purpose: To protect a company's interests after an employee departs. An issue involving non-compete agreements recently entered the news in New York. USI Insurance Services, L.L.C., is suing a former broker at Wells Fargo...
Waymo offers to settle disruptive Uber lawsuit — for a price
Alphabet Inc.'s Waymo recently made a settlement offer to Uber Technologies Inc. in its lawsuit over autonomous car technology. The lawsuit, which alleges Uber hired a former Waymo engineer who used Waymo trade secrets to Uber's benefit, has been in pretrial stages...
Lawsuit: Walgreens conspired with PBMs to charge the insured more
A Walgreens customer who was insured through Anthem Blue Cross Blue Shield has filed a federal class action lawsuit against Walgreens accusing it of conspiring to overcharge customers who have insurance. According to the lawsuit, Walgreens has secret agreements with a...
Don’t let a breach of contract be a breach on your finances
In business, contracts are a viable, commonly employed method used to protect the interests of two parties. When one party violates the terms of a business contract, it can result in serious legal and financial complications, and often, it takes a long time to...
What is Lincoln’s law, and how did it come about?
One law that you may not be aware of but that has a major influence on the United States is Lincoln's law. This was the foundation for the current False Claims Act, an act that now plays a consistent role in U.S. history. A case, identified as Universal Health...
Partnership disputes can spawn complex litigation
Businesses face enough issues from the outside world. The last thing that any business wants is an issue internally among executives, partners or employees. This can cause strife among workers and make it much more difficult for a business to achieve what it wants....
