Category Archives: Contracts

Failure to Follow Corporate Formalities Can Result in Personal Liability (we already knew that but it helps to be reminded)

Almost every businessperson understands that forming a corporation can shield you from individual liability. However, that shield can develop enormous holes if proper corporate formalities are not observed. Recently, in Massachusetts, the sole owner of a corporation was held personally … Continue reading

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Can Allegations of Breach of a License Agreement Actually Breach the License Agreement?

Most, if not all, good license agreements (and, actually, most legal agreements) include a provision to the effect that the agreement can be terminated if the other party breaches any term of the agreement.  While such a provision is not … Continue reading

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