Business, like life, can be nasty, brutish, and short unless you know the right steps to take when confronted with adversity. One thing a business needs to keep in mind is their intellectual property rights and the maintenance thereof. Trade secrets are a valuable stick in the bundle of intellectual property rights a business owner enjoys, but they are also a coveted asset that competitors will look to make their own. This blog provides a brief overview of “trade secrets” and explores some of the possible remedies a business may seek if a competitor has stolen them. “’ Trade secret’ means ...
January 2, 2020CD
Hiring an attorney may not be at the top of the list when starting or managing a business. Small business owners, like most ordinary citizens, tend not to think about hiring an attorney until after a legal issue arises. There are, however, several benefits, namely time and money, to hiring an attorney before a legal issue arises. This blog provides a brief overview of the benefits of hiring an attorney to help you in your small business endeavors. We live in a very “legalized” world. It seems today that every decision has the potential for legal implications, and this is especially ...
December 12, 2019CD
Most people are familiar with Non-Competition Agreements, whether it be from first-hand experience or from the general knowledge you have from a friend or acquaintance. But for those who are not familiar with Non-Competition Agreements, also known as covenants not to compete, you may be wondering what they are and when they apply? Non-Competition Agreements can come into play in several different areas of life, but this blog will focus on non-competes in employment. Employment Non-Competition Agreement. The place to start is understanding what a non-compete is. They are agreements that are contracts between an employer and employee which limits ...
February 28, 2019CD
These days, a lot of businesses are asking employees, especially those in positions that hold proprietary information, such as sales, technology, and product development, to sign non-compete agreements. But what is a non-compete agreement, and is it enforceable? A non-compete agreement is a contract between two persons or business entities (a company and employee or a person selling/buying a business). The contract essentially says that the employee, or seller of a business, will not open up another business, work for a competitor, or compete in the same business market place for a period of time. This agreement is to protect employers ...
October 28, 2014CD
One of the remarkable aspects of law, somewhat unlike medicine where insurance requirements often dictates medical care providers, is the ability to choose your legal counsel of choice. Selecting competent counsel in your legal area is but a starting point. There are many other variables that might merit consideration. Why? Most often, a legal matter involves an actual present or future potential conflict. This can have profound financial consequences (such as for a business client) to the loss of liberty (for a criminal client). Thus, prevailing, or failing to do so, should be backstopped by a confidence in legal counsel. At Ciyou ...
August 2, 2011CD
From Wall Street to Main Street, the engine that drives America is small business. Every day, new small businesses are started. Most rightly fail, because they do not have unique services and products delivered in more efficient ways. At Ciyou & Dixon, P.C., our Indiana business attorneys find that a significant number of the visionaries who do succeed, do so by dogged determination and rapidly adapting to the problems growth presents. Nevertheless, because legal needs are often hard to identify and the “what if” may not occur, they neglect their legal needs. Ultimately, when the day of reckoning comes, it is ...
May 19, 2011CD
Ciyou & Dixon, P.C. attorneys routinely receive questions about contracts. One we receive from our clients and perspective clients is what needs to be in a contract and why. The specifics of any contact are always difficult to determine and hard to draft. Nevertheless, there are three (3) broad areas every informed person should generally understand to interact with all of the contracts faced in routine daily life. With this it is possible to identify when legal counsel may be necessary in any contractual matter. The first distinction is between goods and services. To facilitate interstate commerce in goods (i.e., ...
May 3, 2011CD