Consider a scenario that's becoming more common in the cryptocurrency world: A DeFi lending protocol automatically liquidates millions in collateral when Ethereum's price drops 15% in thirty minutes. There’s no issue with the smart contract; it went off without a hitch. But the borrower claims the liquidation was premature, arguing that traditional margin requirements would … [Read more...] about Smart Contract Disputes: What Happens When the Code Fails?
What Business Owners Need to Know About Partnership Agreement Restrictive Covenants
Strategic partnerships can be crucial to the success of a business. Restrictive covenants play a vital role in these agreements, offering valuable protection for your business interests while posing potential challenges—if not handled carefully. New Jersey has long enforced reasonable restrictive covenants, but state lawmakers are now considering legislation that could … [Read more...] about What Business Owners Need to Know About Partnership Agreement Restrictive Covenants
Getting Executive Compensation: What You Need to Know
Wondering how top business executives negotiate compensation packages that reflect their value and help them achieve their personal and professional goals? We’re here to demystify the world of executive compensation with a clear, digestible definition of executive compensation, followed by effective tips for negotiating the executive compensation package you … [Read more...] about Getting Executive Compensation: What You Need to Know
Four Legal Takeaways from Succession
After four seasons of corporate machinations, failed boardroom coups, mergers and acquisitions galore (and possible securities fraud), the saga of the Roy family has reached, if not an end, a point of departure. We’ll leave the post-mortem of the show to the professional critics, but what are some takeaways for lawyers (and their clients) from Succession? (Caution, spoilers … [Read more...] about Four Legal Takeaways from Succession
Essentials for Business Contracts: Three Must-Haves
Contracts are core documents for business operations. Businesses may rely on contracts to: Conduct transactions with outside parties Handle internal functions like employment contracts Limit legal liability to protect the company and its owner To truly serve its purpose, a contract must clearly define the obligations and responsibilities of all parties—and the … [Read more...] about Essentials for Business Contracts: Three Must-Haves