Portions of this posting have been excerpted from Corporate Counsel (http://www.law.com/corporatecounsel/PubArticleFriendlyCC.jsp?id=1202615626549). In an article from Corporate Counsel titled “Global Hiring Poses Hitches for Startups,” the author discusses situations in which hiring workers abroad can be problematic (especially for early phase companies). The author acknowledges that “technology is redefining the workplace. And as emerging companies chase...
The Delaware General Assembly recently amended Section 18-1104 of the Delaware Limited Liability Company (LLC) Act to provide that unless the LLC operating agreement says otherwise, the managers and controlling members of an LLC owe fiduciary duties of care and loyalty to the limited liability company and its members. Accordingly, a manager or controlling member would be required to perform his or her duties in good faith, in a manner he or she reasonably believes to be...
Portions of this posting have been excerpted from AIPLA Newsstand (Powered by Lexology), 7/18/13. A non-disclosure agreement (NDA), also known as a confidentiality agreement or confidential disclosure agreement, is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. An NDA creates a...
There’s a good chance they aren’t. According to a recent Gallup report titled “The State of the American Workplace: Employee Engagement Insights for U.S. Business Leaders,” 70 percent of workers aren’t reaching their potential at work. The Gallup study found that the biggest cause of lack of employee engagement is a company’s selection of managers. Bad management tends to correlate with active disengagement. Additional interesting findings include the following:...