North Carolina has enacted the Uniform Power of Attorney Act which becomes effective January 1, 2018. The new Act does not revoke any existing powers of attorney executed prior to January 1, 2018.
North Carolina residents may appreciate the ability to carefully manage household appliances and systems through smart technology such as the Nest thermostat. However, development of such smart products can involve legal challenges if the technology used by one company closely mirrors patented technology belonging to another company. In the case of the Nest thermostat, a dispute arose between Honeywell and Nest over patents.
Do you live under the rule of a homeowners' association? Many people do. According to the Community Associations Institute, an organization that exists to help HOAs survive and thrive, some 20 percent of the U.S. population lives under some form of this community government.
North Carolina businesses have an understandable desire to protect intellectual property. That includes the information that departing employees take with them by virtue of just their experience. The last thing you want to do is find out that something proprietary to your operation is now in the hands of a competitor.
Any North Carolina business that enjoys success and longevity should expect to be involved in some manner of litigation at some point in its life cycle. We live in a litigious society. And while efforts can be made to try to avoid the complexities and minimize the costs that tend to go with legal battles, it's wise to be prepared for the worst.
When you think of business in Fayetteville you might have images of individuals in proper business suits and oxford shoes. But not all business falls into that category. Agriculture is big in the state, too.
There are times when going to court is a good idea for a North Carolina business. There are other times when it would best be avoided, dictating that other legal solutions need to be found to resolve matters. Whatever the demands of the situation, the importance of having knowledgeable legal counsel tends to be invaluable for finding effective resolution.
Claims of so-called "wage theft" are on the rise in the U.S. According to the Federal Judicial Center, record numbers of wage-and-hour lawsuits are making their way into the federal court system.
For all the effort we supposedly put into computer security it is apparent that there are cracks in the cyber wall. This is something we have highlighted previously in efforts to keep North Carolina businesses on their game regarding protecting themselves against potential liability risks and possible litigation.
Legal assaults can come at a company from a lot of different angles. Last month, we wrote about how shareholders in a company that makes highway guardrails have raised claims of investor fraud.