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A franchisor of tax preparation franchises was entitled to a 24-month injunction beginning from the time of the former franchisee's compliance with a non-competition covenant. <i>Jackson Hewitt Inc. v. Childress</i>, Bus. Franchise Guide (CCH) ' 13,849 (D. N.J., Jan. 22, 2008). The permanent injunction was ordered when the court granted the plaintiff franchisor's motion for summary judgment.
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Perhaps you've heard: On Jan. 23, 2007, the Federal Trade Commission adopted the comprehensively revised FTC Franchise Rule ('The Amended Rule') and released the 'Statement of Basis and Purpose' ('SBP'), which clarified the Amended Rule's requirements and prohibitions. Compliance with the Amended Rule has been optional since July 1, 2007, and became mandatory on July 1, 2008.
As summer associates struggle to answer obscure research questions over the next couple of months, and when their predecessors start full time this fall, they may find an answer to their late-night prayers in JD Supra, a new online service that offers completely free access (with registration) to a variety of documents, including legal memoranda, briefs and unpublished court decisions.
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Are you among the majority of IT professionals who view the Request for Proposal ('RFP') as the most tedious business document ever created? The RFP itself is fairly standardized, but the process of collecting information and evaluating vendors is time-consuming and uninspiring. While there are any number of thick manuals that describe the best practices for an RFP process, this article may shed light on some 'quick wins' that will enable you to boost the efficiency of your RFP process.
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Among U.S. businesses, Voice over Internet Protocol ('VoIP') is growing in popularity and will continue to do so. In-Stat predicts that two-thirds of U.S. businesses will have some form of VoIP service by 2011. When deciding to use this powerful technology, organizations should look for VoIP providers that offer specific security measures within their product to ensure that the technology is used most effectively ' and virtually without any security concerns.
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Having a tenant in bankruptcy can be one of the most frustrating ' and costly ' experiences that a commercial landlord endures. This article presents the landlord's various options, explore its options and provide guidance on protections and rights that landlords possess.
Distressed companies and those in bankruptcy nearly always require some amount of loans to fund their recovery, exit from bankruptcy, or sale. What happens when those loans are not available, too expensive, or too risky in the eyes of the capital market? Combine that with volatility in The London Interbank Offer Rate, 'LIBOR,' the rate at which money is lent to other banks, and the terms, in particular, interest rates, that are offered to these distressed borrowers, are constantly in change.
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In August 2006, after some 12 years of preparation, the Enterprise Bankruptcy Law ('EBL') of the People's Republic of China ('PRC') was signed into law by President Jintao Hu. The new law went into effect on June 1, 2007. The EBL supersedes the 1986 Interim Enterprise Bankruptcy Law, as well as all or a part of a variety of other regimes and statutes, including the People's Republic of China Company Law and the Foreign Invested Enterprise Liquidation Procedure. This article is a consolidated analysis of some of the significant features of the EBL.
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You're probably tired of hearing the phrase 'think outside the box,' but that's an accurate characterization of 'software-as-a-service' ('SaaS'). The 'box' is the computer that sits on your desk; and SaaS is an innovative way to deliver software applications to that computer over the Internet.
The use of a trademark in computer code words, called 'metatags,' by a competitor to boost its position in Internet searches infringes under the Lanham Trademark Act, according to the Eleventh U.S. Circuit Court of Appeals. But the decision, which conflicts with a Second Circuit holding, has touched off criticism that the Eleventh Circuit panel and federal courts generally don't understand the uses of metatags, and that this has resulted in rulings that muddle infringement law. <i>North American Medical Corp. v. Axiom Worldwide Inc.</i>, 522 F.3d 1211 (2008).