When a business shares trade secrets and innovations, and trains valuable members of the organization, it seems reasonable to expect those members to agree to stay with the business, or at least not join a nearby competitor pursuant to a non-compete agreement. These...
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Corporate Litigation
Will the pandemic trigger a change to supply contracts?
Modern supply chain management is contingent on an array of contractual agreements. The COVID-19 pandemic has highlighted some flaws of this system and may serve as a catalyst for change to supply agreements. As noted in a recent review in Bloomberg Law, these types...
How does indemnification work when a company sues its director?
Directors of Delaware corporations are entitled to indemnification under 8 Del. C. s. 145 as provided in the corporation’s charter and bylaws. Subject to certain parameters under Delaware law, indemnification provisions require that the corporation indemnify its...
WeWork case questions board’s right to privileged communications
Investors expected WeWork to be the next big thing. Once touted as the next Alibaba, the company appeared poised to reinvent the office space. Instead of a mass, open area with desks and cubicles, WeWork provided innovative and creative spaces while also offering...