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Most franchisors have non-compete, non-solicitation, and non-disclosure provisions in their franchise agreements. These restrictive covenants protect both the franchisor and the other franchisees in the system against the franchisee who uses trade secrets and confidential information, either during the term of the franchise agreement or after the termination of the franchise agreement, to its unfair advantage in competing with the franchisor and its other franchisees. In some industries, the problem includes the diversion of clients or employees.
Restrictive covenants may also be found in other agreements, such as employment, sale-of-business, distribution, dealership, lease, license, broker, and representative/agent agreements.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.