Sometimes employees believe their boss is punishing them unfairly for an action in the workplace. If true, this punishment could be considered retaliation, which is prohibited in the workplace. Retaliation is described as occurring when an employer punishes an employee … Continue reading
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Legal Employment Discrimination
There’s always a lot of talk about employment discrimination, but there are some situations in which employers can legally discriminate during the hiring process. Depending on the state, these 8 types of discrimination could be legal: Bankruptcy In the Bankruptcy … Continue reading
Trade Secret Misappropriation
Most are familiar with patents, trademarks, and copyrights. However, there is a fourth type of intellectual property called trade secrets. Trade secrets consist of information that can be a formula, pattern, compilation, program, device, method, technique or process. To be … Continue reading
What to Include in a Purchase and Sale Agreement
One of InnovaCounsel’s many legal services deals with purchase and sales agreements. These contracts are generally used for transactions involving real estate and business assets. With purchase and sales agreements, certain conditions must first be met in order for the … Continue reading
Three Merger Mistakes to Avoid
Company mergers are often complicated arrangements with huge implications for all of the involved parties. As the merging companies begin to put the details together, there are three major pitfalls to avoid prior to closing the deal. Being too helpful … Continue reading
Religious Discrimination Laws and the Holidays
During the holidays, religion can become a topic of discussion between employers and employees when they are needing to take time off for their beliefs or practices. Both employers and employees should be aware of EEOC laws surrounding religious discrimination … Continue reading
Terminating a Consulting Contract
Sometimes consulting agreements don’t work out the way the company envisioned. It might not have worked out because of poor performance, financial reasons, or another factor. In any event, terminating a consulting contract can get messy if done in the … Continue reading
New Business Paperwork
Starting a business is a major endeavor requiring a lot of patience and paperwork. Without the right forms, the process can turn into a nightmare. So what paperwork does one need to start a business? Articles of Incorporation or Organization … Continue reading
Seeking Venture Capital
When a start-up or new business cannot access funding from traditional sources due to size, assets, or their stage of development, they often turn to venture capital investments. These investments are usually made as cash in exchange for shares and … Continue reading
Seven Characteristics of Proper Corporate Governance
Effective corporate governance follows seven important characteristics that make up a code of ethics for a company’s leaders. They promote these characteristics through management of the business and its employees. The seven characteristics that make up good corporate governance are: … Continue reading