What happens when an NDA is broken?
Non-disclosure agreements (NDAs) are contracts that prohibit employees from disclosing certain information about their place of work. These agreements are often put in place to protect essential trade secrets and…
Understanding unfair trade practices
North Carolina law about unfair trade practices is dense, complex and changing. However, if you or your business suffered financial damages because of a third party's unfair practices, you may…
Why is giving equity to early employees a mistake?
It is a common practice in startup companies to offer equity in the company as a way to entice people to work for you. This may seem like an easy…
What happens when a person breaks an NDA?
Nondisclosure agreements (NDAs) prevent employees from taking valuable trade secrets and giving them to competing businesses. They can also be used to prevent former workers from speaking disparagingly about an…
What are the best ways to protect intellectual property?
North Carolina companies who have developed new inventions or ideas have the right to protect those ideas without fear of them being stolen by another. These ideas, often known as…
When a noncompete clause is enforceable
Both employers and employees sometimes hold mistaken beliefs about noncompete clauses in contracts. Perhaps the most common one is that these clauses are not enforceable. North Carolina does favor the…