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A trade secret theft lawsuit that was recently filed in upstate New York by the Price Chopper chain store illustrates rather vividly how having your small business’s trade secrets – in this case pricing information – can dramatically impact your bottom line. In its initial suit papers, Price Chopper claims that competitor Giant Market would have someone [...]
As I was sifting through my e-mails, I came across an article that commented in an off-the-cuff fashion how a small business can ill afford to risk being uninsured against employee theft. While many of us were and are aware that these policies are readily available as addenda to business insurance policies, I was more [...]
In a March 26 decision regarding a commercial litigation case, New York’s Court of Appeals held that where a business sought primarily to recover monetary damages, rather than injunctive relief, resulting from its broker’s alleged breach of fiduciary duties to the plaintiff company, the business had only 3 years within which to commence suit rather than the 6 [...]
3 Reasons Why
Your Employment Agreement
May be Worthless
NY Breach of Contract Guide:
When You Don't Have a
Written Agreement
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