Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys.
The Maryland Court of Appeals recently created a new standard for the enforceability of contract provisions that seek to shorten the time in which a party can file claims against the other party.
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Congress actually agreed on something! After passing in the Senate, the federal Defend Trade Secrets Act (DTSA) was approved by the House (410-2) and is headed to the White House for signature. The new law provides an additional arrow in a company’s quiver when protecting its proprietary information.
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Sometimes, as parties are negotiating an agreement, they will sign an interim document – such as a letter of intent (LOI) or memorandum of understanding (MOU) – reflecting the terms to be incorporated into a later, formal agreement.
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Your business has weathered a rocky economy. You have looked for expenses that can be trimmed from your budget. You eye the number entered next to “Legal Expense” and think that maybe you could reduce it by using some form contracts or drafting your own. Most assuredly, you would only think that way if you have never been involved in litigation.
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So, you thought you had a good case going into trial, but things did not go quite the way you anticipated. Rest assured that the trial court’s decision need not be the end of the line. The appellate courts exist because the trial courts do not always get it right.
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