By James T. Finnigan on November 18, 2013Cases involving non-compete/non-solicit provisions in an employment contract are often settled after the preliminary injunction stage. Therefore, appellate court opinions involving such agreements are uncommon. However, the First Circuit recently issued an opinion in a case involving a non-solicitation covenant that offers some good news for employers.
By David Glod on November 13, 2013The Supreme Judicial Court recently adopted amendments to the Massachusetts Rules of Civil Procedure to establish discovery practices governing electronically stored information (“ESI”). The Reporter’s Notes to the amendments cite estimates that 93 percent or more of corporate information is now being stored in some digital or electronic format.
By James B. Heffernan on October 14, 2013Due to the credit crunch of the past few years and high interest rates on mezzanine financing, a new financing tool has emerged: the EB-5 Immigrant Investor Program. Enacted as part of the Immigration Act of 1990, the program is a great potential source of low interest financing for real estate developers. Of course, nothing comes easy and developers should be mindful that this source of funds does come with a few strings attached.
By Erica P. Bigelow on October 9, 2013If you own property – commercial, single or multi-family residential, or condominium – you probably assume, if you have 100% replacement cost coverage, that the insurance policy will pay out sufficient funds to allow you to rebuild in the event of a casualty. Not necessarily.