Non-Compete Agreements with Employees

Non-Compete Agreements with Employees

Winter 2016 Article

Non-compete agreements have the purpose of delaying the employment of an employee in a competing business. Situations in which a business may wish to use non-compete agreements with its employees are various: The immediate aim is that of preventing competitors to have access at low cost to human resources which have been developed at considerable cost. A secondary aim is that of avoiding the disclosure of trade secrets to competitors, where a simple confidentiality agreement may be less effective. A non-compete agreement could also reduce the turnover, limiting employees’ ability to find employment with businesses with which it could leverage its expertise.

Green Card for Foreign Investors

Green Card for Foreign Investors

Summer 2016 Article

Becoming a permanent resident allows foreign nationals to live and work in the United States of America indefinitely, and it is the first step to US citizenship. One of the paths to permanent residence is the immigrant investor visa, which was established in 1990 with the purpose of creating jobs and bringing foreign capital into the United States for large investment projects. This visa is also referred to as EB-5 because it is the fifth employment preference immigrant visa category[1]. The EB-5 visa classification for foreign investors is allotted 10,000 visas per year, and it is based on the following requirements:

Arbitration: an Alternative to Litigation

Arbitration: an Alternative to Litigation

Spring 2016 Article

When a party is entering into a contract with a customer, partner or employee, it should give consideration to what will happen if a dispute occurs between the parties.  Given the potentially high cost of litigation, parties may want to consider deciding in advance to commit themselves to resolve any dispute through means other than litigation.  One option that should be considered when drafting any contract is whether to include an agreement between the parties to submit any dispute to arbitration.