Contract Drafting Archives - Romano Law


Category: Contract Drafting

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Breach of Contract: What Makes a Case Worth Pursuing?

Updated: June 23, 2021 BEFORE PURSUING A BREACH OF CONTRACT LAWSUIT, IT IS IMPORTANT TO CLEARLY ASSESS THE CHANCES OF SUCCESS, THE APPLICABLE DAMAGES, AND OTHER FACTORS  Few things are more frustrating for a business owner than having a client or vendor breach a contract. The other party failing to live up to its end of

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Can Writing on a Check Create a New Contract?

Have you ever wondered what to write on the “memo” line of your check?  That space can be a very useful tool.  For example, you hire a web developer to design a website for your business for $3,000.  They perform the service, but the quality of the site does not live up to your expectations,

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Keep It Confidential! New York Non-Disclosure Agreements

Whether they call it a Confidentiality Agreement or a Non-Disclosure Agreement (NDA), many New Yorkers begin their business deals with a contract governing the sensitive information that they might exchange with one another.  Employers hiring or firing employees, tech companies with trade secrets and parties exploring a potential business relationship all routinely find themselves in need of a well-drafted Non-Disclosure Agreement.

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What to consider for your IP licensing agreement

Intellectual Property Rights reference an extensive range of privileges afforded to the owners of creative material, including rights in connection with trademarks, copyrights and patents, among other things.  Owners of intellectual property (IP) have the exclusive right to exploit and sell their creative material.  Whether it’s a song, film, logo, artwork or invention, IP owners

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To protect yourself, don’t skim the details in your business contract

Picture this:  you finally secured the deal you’ve been working for.  You came to a mutual understanding with the other party and documented the terms and conditions of your arrangement in writing.  You executed the contract and are ready to move forward with the agreement as planned.  To prevent potential unforeseen circumstances and disputes, you

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What you should know about Work for Hire

Many people mistakenly believe that if they hire someone to create something for them, it is automatically considered a “work for hire.”  Whether you own a small business and are engaging a graphic designer to develop logos and website content, or a production company seeking a director for a new feature film, understanding work for

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To Compete or Not to Compete?

From small start-ups, to large corporations, to non-profits: the significant increase in the inclusion of non-competition clauses in employment agreements is staggering.  A concept often associated with high level executives, the clause has become prolific throughout the corporate ladder. The goal is to avoid unfair competition. A non-compete clause, sometimes referred to as a covenant

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When it comes to commercial leases, don’t ignore the fine print!

So, you found your new office space in New York City.  You considered some helpful tips during the process and maybe even engaged an experienced broker to help negotiate the main deal terms.  You think you’re ready to sign on the dotted line.  But, wait!  As with all business contracts, never ignore the details of

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Looking for office space? 5 tips for securing a commercial lease in NYC

Whether you’re a startup looking to move into your first office, or a small- or mid-sized business (SMB) trying to expand or relocate, finding the perfect commercial space may help take your business to the next level.  Negotiating a commercial lease in New York can be a time-consuming and overwhelming process.  Before executing an Agreement

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