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December 2014 Archives

Employees accused of stealing company secrets from Nike

Maryland businesses may be interested in a newly filed business litigation between two sportswear companies over the poaching of employees in violation of employment agreements. The employees left to join a competitor, but their original employer is alleging the stealing of company files and breach of non-compete agreements.

Financial consequences of FMLA compliance and litigation

Business owners in Maryland may be able to avoid future litigation expenses by familiarizing themselves with family leave laws. Today, failure to comply with the rules and regulations that are laid out in the federal Family and Medical Leave Act is becoming very expensive. According to one source, the average verdict in a wrongful termination case involving the FMLA is $335,000.

Defensive tactics to hostile takeover attempts

When businesses attempt a hostile takeover of another company in a bid to acquire it against the consent or wishes of the company's board of directors, target companies often employ a variety of defensive tactics to prevent the takeover from occurring. Despite such measures, hostile takeovers may still be a method through which a business can acquire another business in order to meet their overall company goals.

What are the advantages and disadvantages of a partnership?

A partnership is a type of business structure in which two or more people share ownership and, thus, have equal say regarding the operation of the business. There are several advantages and disadvantages to forming a partnership in order to run a business, all of which should be carefully considered prior to setting up such a business entity.

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