A Federal Ban on Non-Compete Agreements May Be Coming
Non-compete agreements are provisions found in employment contracts that restrict an employee’s actions after leaving that employer. Covenants not to compete are regularly disputed, and states have struggled to balance an employer’s legitimate business interests against an employee’s right to switch employers. President Biden issued the Executive Order on Promoting Competition in the American Economy on July 9, 2021. With only vague direction ordering the Federal Trade Commission (FTC) to “curtail” the use of contracts to unfairly inhibit worker mobility, the extent to which this apparent federal ban on non-compete agreements will impact businesses bears watching.
Idiosyncrasies in Restaurant Valuation
Restaurant owners invest significant time, energy, and money in the establishment, maintenance, and growth of their businesses, often forming a personal, emotional connection to the endeavor. When the time comes to determine the value of a restaurant, however, the owner or owners must be able to approach the restaurant valuation process objectively.
Introduction to Title Insurance for Commercial Property in West Virginia
The sale, purchase, and financing of commercial real estate is more complicated than the purchase of a residential home. These sizeable investments warrant protection against claims regarding true ownership and control of the property or the real estate it sits on. Through consultation with a West Virginia commercial real estate attorney, you can understand all aspects of your commercial real estate deal—including the reasons for obtaining title insurance for commercial property.
Black Lung Insurance: Benefits and Disadvantages of Self-Insurance
Black lung, or pneumoconiosis, is a medical condition that may result from respiratory exposure to coal dust. Companies that operate coal mines or employ individuals who may be exposed to coal dust on the job are required to obtain black lung insurance to pay for benefits for employees who develop pneumoconiosis as a result of exposure at work.
What Your WV Money Judgment Means
Prevailing in a claim for damages against a person, business, or organization is only the first step to collecting what you’re owed. Whether your claim is based on a breach of contract, the failure to pay for products or services, or other grounds, the collection process in West Virginia (WV) requires you to obtain a WV money judgment against the other party before you can enforce your legal right to collect.