My company (A) is about to go submit a service proposal to company B. What if Company C acquires Company B and then Company C does not want to continue with our existing contract with Comp. B? What clause can I put in my contract with Company B to protect my company from taking that loss?
Usually, company C takes company B subject to all its obligations, e.g., a contract with company A. One way to address this is by having your attorney address in the contract what happens if you get terminated without proper cause.
A few weeks to a few years, depending on how complicated the business is, whether you are agreed on the price, whether licenses need to be transferred, whether you agree on future non-competition obligations, other business factors, and whether you have lawyers who focus on getting the deal closed.
The question does not include the whole letter. Therefore, it is impossible to assess the situation. However, it appears that you might not have been sued yet. "What to do" is call an intellectual property lawyer who can seek to solve the problem. In many other cases, people unfamiliar with the...Read more »
I am giving an engineer proprietary information and want my NDA to begin once our relationship ends. So if we work together for three years, the five year period starts at the end of our three years. If we work together for a month, it starts after that month. Etc.
Your objective is understood. It can be achieved. However, it looks like you want to give up confidentiality on all information generated during the relationship. Perhaps you may wish to consult counsel as to whether any other unintended consequences could result from the arrangement you...Read more »
Albert Einstein's image has been established as a protectable property. It is likely that a license would be required. The cost may fit within your margins and may make the game more desirable. One prudent course is to engage an attorney to contact the rights proprietor.
There are many such instances. In some cases, the acquirer will not even buy the company unless the founder stays. Merely writing it into the paperwork does not mean that you will achieve your objectives. You need to have a detailed understanding with the acquirer. Just saying "running the company"...Read more »
I invested £196k into a business that I have set up in the USA. I have recently opened a US bank account for the business. All of the transactions were made from a UK account. I need to include the money spent on items as Capital of the company. How do I include this in my operating agreement as I... Read more »
I'll be using photos and audio clips from the internet. I don't want to go through the hassle of trying to get permission if I don't have to but I don't want to get sued. The app will be free and make money from ad revenue. I'm worried that using someones likeness makes them able to claim part... Read more »
If you choose the correct celebrity you can expect to be sued. California gives celebrities a "right of privacy." The law generally does not allow violation of rights just because the violator not want the "hassle" of obeying the rules.
I worked with a business as a consultant, so the applicant said it was fine for me to sign the lease on her behalf, since I was an authorized representative of her business. She wasn’t available to sign. She applied for the lease in her and her business’ name. Now she’s gone, closed down her... Read more »
I do not know what thoughts are in the leasing company's head. However, they might feel that you signed the contract so you are a party to it and you are liable. As a practical matter, it looks like you have been left holding the bag. You appear to be the only target that is available to them....Read more »
This sort of thing can lead to expensive consequences. Many questions need to be looked at. How did the employee get the data? Is the other company a competitor? What do you want to do with the data? The situation should be reviewed by an attorney in order to evaluate your options.
when i started my office, I used one of the employee of that offce to work for me, but we never had signed any full time or part time contract. she started charge me full time me as well. she is getting paid full time by other pediatirtion and although her focus is her, still keep charging me full... Read more »
It would be necessary to see any agreement you did or did not write. It would also be necessary to see her time sheets. Are you a pediatrician? Even if English is not their first language, people know how to spell their job titles.
I have some software concepts, and designs, which I am in the process of patenting/copyrighting. Need an agreement so I can share these ideas with others. How do I draft a non compete, non disclosure agreement. I am in California, and would need to discuss the concept with many individual spread... Read more »
Your question indicates that you may not be familiar with the intricacies of what you want to achieve. I have seen many agreements that have been cobbled together by inventors themselves. If the agreements protect the inventor's interest, it is only by accident. Non-competition in California is a...Read more »
is it better to have both names in company or just 1 of us? Our company would be producing shoes using a third party outside USA and selling them outside USA. Do we (or I) need sellers certificate? If only I start the company should we do LLC, C or S corp? would all the business income be taxed... Read more »
Company claims over 1 billion dollars in sales last year. Many artists have had their work taken from the internet and used without permission or compensation. Upon being informed, many are opting not to pursue it because they are small artists or even students without means to hire counsel.... Read more »
This is America. People can sue for pretty much anything. Do you feel you would accomplish anything by suing? It could be difficult to prove any damages. Would you consider asking them to give you a free visit to make up for your trouble?
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