Commercial Contracts - Page 4
This is FindLaw's collection of Commercial Contracts articles, part of the Business Operations section of the Corporate Counsel Center. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.
Business Operations
Commercial Contracts Articles
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The Need for Immediate Action at the Highest Corporate Levels to Solve The Year 2000 Software Crisis
This article illustrates the immediate need for corporations to address the Y2K computer problem before the task becomes too large to accomplish in the remaining time before Year 2000 comes. -
This alert summarizes a US District Court of Delaware's decision holding mandatory arbitration clauses in a "pay day" loan agreement as unenforceable on the grounds that it frustrated the purposes of the Truth in Lending Act (TILA) and the Electronic Funds Transfer Act (EFTA). -
Details two new laws that will become effective marking the first legislative steps toward reducing the uncertainty surrounding e-contracts. -
Employers can take some comfort in the fact that the New Jersey, Oregon, Vermont and Wisconsin Supreme Courts, the United States Court of Appeals for the Seventh Circuit, and a Connecticut Superior Court have emphatically affirmed the right of employers to terminate employees for refusing to sign a non-compete agreements. Each of these courts have reasoned that the essence of an at-will relationship is the right to fire an employee for any reason, including for refusal to sign a non-compete. -
Does the company have any protection from unfair competition by the executive even though she never signed a restrictive covenant? Absolutely. This article discusses the company's rights and protections. But first, the former employer needs to understand the executive's rights. -
Provides some common issues to consider before signing your next contract. -
With the year 2000 fast approaching, many companies have questions about the impact that the "Year 2000 Issue" (ot. -
On October 22, 2004, President Bush signed into law the American Jobs Creation Act (the "Act"). The Act created Section 409A of the Internal Revenue Code of 1986 (the "Code") that provides material changes to the tax treatment of nonqualified deferred compensation plans and arrangements. On December 20, 2004, the United States Treasury Department issued guidance on Section 409A in the form of Notice 2005-1 (the "Notice"). The key areas in which the Notice provided guidance are outlined. -
Characterized by the Comptroller of the Currency in September, 2003 as an "accident waiting to happen," bounce protection (the service by which a bank chooses to pay a transaction account customer's NSF item and assess an overdraft fee for this prompt repayment obligation) has become subject to considerable bank regulatory and customer scrutiny. -
With sufficient fanfare, the race to sequence the human genome ended about a year ago when the publicly funded Human Genome Project and private company Celera made their research public. Likened to Watson and Crick's breaking of the DNA code in 1953, this biotechnological achievement will have (and has already had) far-reaching implications.