Solving Your Problems While Getting You Back to Business

agreement

Surprise! Part of Your Non-Solicitation Agreement Is Unenforceable

Posted January 24, 2016

You want a non-competition or non-solicitation agreement your company can enforce, right?  Stupid question, you say.  Well, companies need to analyze the language in their contracts if that's their goal (some agreements I've seen make me doubt what the company's goal was, as if simply having something signed protected them.)

Lottery-Sharing Contracts and What To Do with the Millions

Posted January 13, 2016

The powerball jackpot is all the buzz.  Besides thinking - just a little - about what I'd do with the money, I am also thinking about contracts to share in the winnings.  You see, the alumni Facebook page for my college (Go Bonas!) has a feed where alumni purchase a ticket from their state and post it to the page, and agree to share the winnings.  One alumnus posted the terms of the "sharing" agreement:

Should I Cash That Check?

Posted August 28, 2015

Small businesses often call us and ask if they should cash a check they received from a purchaser or customer that still owes them money.  Somewhere at some point they heard that if you do, you are accepting that amount in full satisfaction of the debt, and lose the right to collect any remaining balance.  The legal term for this is "accord and satisfaction."  Since it comes up so often, we want small businesses to understand a little bit about the concept.  "Accord" basically means an agreement.  And "satisfaction" in this scenario means exactly that:  to satisfy the agreement, or to perfo

Subscribe to RSS - agreement