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Is your corporation in good standing?

USA - March 9 2009 Almost all states require their corporations to file periodic reports (usually annual) providing information about the corporation and its continued activity.

"Notwithstanding Anything to the Contrary" Language Disputed in Recent Case

USA - August 15 2018 Drafters frequently use language such as “Notwithstanding anything [in this section] or [in this agreement]” to emphasize and make clear the…

Confidentiality agreement not enough to protect confidential information

USA - January 14 2015 Confidentiality agreements have become routine as a part of conducting business. Parties frequently exchange confidentiality agreements, or sign a…

Extreme Example of Piercing Corporate Veil

USA - April 1 2016 It is standard legal advice for business lawyers to tell their clients to avoid claims of "piercing the corporate veil" by respecting the distinction…

Breach of Contract and Interference Claims Fail Due to Statute of Limitations

USA - September 13 2018 In a recent update, we discussed a topical 7th Circuit Court of Appeals case in which an unpaid law firm successfully fended off a defense that its…