It is no secret that investing in real estate is often a shrewd financial move, especially given the current Boston rental market. Whether you already own investment properties or you are thinking about purchasing your first, there are important considerations to make to ensure that you are maximizing your returns and making your money work […]...
While the Massachusetts legislature continues to debate whether to ban “non-competition agreements,” support for the protection of trade secrets and confidential information remains strong. Although the Commonwealth has not adopted a version of the Uniform Trade Secrets Act, Massachusetts protects trade secrets in several overlapping ways: state law provides that the theft of a trade […]...
Public construction projects are as necessary as they are numerous, which is to say very. Given that taxpayer money is at stake on these projects the state has an interest in regulating them from inception to completion to ensure that funds are spent efficiently. One specific statutory protection that Massachusetts provides at the inception of […]...
We have previously discussed non-competition agreements in the employer/employee context, but non-compete agreements arise in other scenarios. One of the most common events that leads to a non-compete is the sale of a business. The basics are the same as for employers and employees: the non-compete must be reasonable in duration and geographic scope, and […]...
In most construction projects, general contractors require subcontractors to indemnify the general contractor for the subcontractor’s negligent actions. Meaning, if the subcontractor’s negligence causes injury to a third-party and that third-party sues the general contractor, the subcontractor agrees to defend the general contractor. Often times, general contractors will attempt to go a step further and […]...
Trusts have long been considered the domain of the wealthy. After all, most everyone has heard the term “trust fund baby” used to describe a child from an affluent background. While trust planning remains popular with the affluent, more and more ordinary people are recognizing the benefits of the use of revocable trust planning to […]...
In a recent decision, In re: Town of Danvers; Thorpe School Library Project (October 8, 2015), the Massachusetts Attorney General’s Bid Unit rejected a protest from the second low sub-bidder, on the grounds that the low bidder’s notation on the bid form was a clerical error that gave it no unfair advantage.The town’s bid form […]...
In civil cases when the parties do not settle, the “end” of a case is commonly thought to be when the court enters a judgment. However, entry of judgment is only a step toward obtaining payment of the awarded damages. In collecting, a judgment creditor* may consider several methods available to secure interests and force […]...
In certain circumstances, an effective non-competition agreement can help protect company assets and interests. However, the law recognizes some protections that exist even outside of a signed agreement. A recent Massachusetts appellate court case, AGERO, INC. v. RUBIN, addressed some of these protections. Agero involved a company suing two former employees who were alleged to have […]...
Earlier this month, the Massachusetts Supreme Judicial Court (“SJC”) held that a construction manager at-risk can seek indemnification for design errors. The recent decision, Coghlin Electrical Contractors, Inc. v. Gilbane Building Company (SJC-11778), involved the construction of a facility for the Massachusetts Division of Capital Asset Management and Maintenance (“DCAM”). DCAM, as the owner, contracted […]...