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New York Law Journal

Bonuses, Clawbacks and Bad Behavior

Departing employees who leave, whether voluntarily or otherwise, may claim they earned a bonus and that the employer's failure to pay it on their termination constituted a breach of contract or even a violation of wage payment laws. Recently issued SEC regulations and announcements from the U.S. Department of Justice with regard to bonus policies have imposed new obligations on employers, and new areas of liability.
8 minute read

Daily Report Online

Snaptech Sues QuantumRhino for Alleged Non-Payment of Fees

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

M&A Buyer's Remorse: Fraud or Breach of Contract

New York's non-duplication rule will often bar a disappointed purchaser from bringing a fraud claim.
6 minute read

Daily Report Online

'Willing to Work With You': Reversal Spotlights Rent Dispute Over COVID-Related Closure

"Tavern Corp.'s original surrender of the keys and the premises on October 3, 2020, was unilateral," read a Georgia Court of Appeals opinion. "Tavern Corp. did not provide notice to Phipps of the surrendering of the keys before they were sent in the mail."
7 minute read

Legaltech News

CLM Provider SpotDraft Raises $26 Million in Series A Funding Round

The CLM provider, which has offices in both India and the U.S. will leverage the investment towards product development and expansion in the North American market.
2 minute read

Legaltech News

Q&A With Jessica Block, Woman Behind the Launch of Factor's Contracting Platform

When asked about how Factor might deploy AI-enabled tools to improve contracting processes, Jessica Block, Factor's new executive vice president of market solutions told Legaltech News: "AI and technology is a part of it. But as we think about the Integrated Contracting Platform, it's really bigger than that."
7 minute read

New York Law Journal

Can an 'Agreement to Agree' Support Expectation Damages?

In this new column, Curtis Leitner, a business litigation Partner at McCarter & English's New York City Office, together with a guest columnist, analyzes developments in New York contract law from a litigation perspective.
10 minute read

National Law Journal

Adding Privacy Provisions to Your NDAs? Make Sure You Know the Risks

How to avoid the bottleneck caused by trying to add full data processing addenda to an NDA—focus on perfecting a company's processes and policies around contracting
5 minute read

Legaltech News

LexisNexis Expands ELM Solution CounselLink with New Work Intake, CLM Capabilities

LexisNexis' expansion of its ELM solution offerings fits into its long-term strategy for CounselLink to be a "one-stop shop for legal operations," Aaron Pierce, vice president of Product Management at CounselLink told Legaltech News.
4 minute read

New York Law Journal

Remedies in Real Estate Transactions, Part 1: Liquidated Damages

Real estate is a unique asset and therefore damages resulting from a breach of an agreement are often difficult to measure. As a result, parties need to give give careful thought to the remedies for a breach. In this four-part series, Adrienne Koch and Neil Miller will examine some of the remedies that should factor into that analysis, starting with liquidated damages.
8 minute read

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