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Disadvantages of a Corporation

Although the more recent innovation of Limited Liability Companies has been something of a challenge to the popularity of corporations in recent years, the latter is still a firm favorite way among business owners to protect their own position and defend their home and family from the sensitivities of the business world. Creating a corporation [...]

Director Disqualification Proceedings in the UK – The Facts

Each year within the UK approximately 1,200 individuals are disqualified as directors by the Secretary of State for Business Enterprise and Regulatory Reform (BERR). In order for court proceedings to commence, the Secretary of State must apply for disqualification within 2 years of the date that the company in question entered administration, administrative receivership or [...]

Recent Jury Verdicts Reinforce Importance of Trade Secrets and Confidential Information

In the past two months, juries in two states have each awarded over $30 million in damages in separate trade secret cases. A California jury awarded Hansen Medical, Inc. $36.3 million in damages in a trade secret and breach of contract case against Luna Innovations, Inc. in late April. More recently, a jury in federal [...]