On May 11, 2016, the Defend Trade Secrets Act of 2016 (the “DTSA”) was signed into law. Although the DTSA provides greater protection for trade secrets under federal law, it also will require employers to change their confidentiality agreements with employees and contractors in order for your company to avail itself of all the remedies…
So you have a great idea or a product and want to share confidential information with your prospective business partner. You should consider what information you will be sharing and make sure you are protected with a well-crafted non-disclosure agreement (also referred to as an NDA, or confidentiality agreement). Find out more about how we…
A Non-Disclosure Agreement (also known as an NDA or confidentiality agreement) is meant to protect a startup or existing business from its employees misusing valuable proprietary information. Often it is a good idea to have a confidentiality agreement in place with each of your employees (regardless of position). For instance, your receptionist and salesperson might…
There are plenty of reasons to have an NDA. I will limit this post to discussion of using an NDA between technology businesses in an arms-length transaction. For more information, click to watch the video, “When do I need an NDA” . More often than not, for whatever reason, whenever there is a technology related…
As you may know, a “corporate kit” includes a pre-made form of limited liability company operating agreement. There is no telling how complete these are and whether or not they were prepared by a corporate attorney. Certainly an off-the-shelf operating agreement is not customized for your needs. I recommend having a New York Small Business…
As a business and corporate attorney representing startups and established companies, I am frequently asked for a checklist of items to consider when starting a business. Below is a “10,000 foot” overview of what needs to get done in starting or buying a large or small business in New York. For more information, click to…
