“NDA” is an abbreviation for a “non-disclosure agreement.” They exist in different forms and have different uses. Employers typically require NDAs as a condition of employment in order to protect confidential company information and trade secrets. NDAs are also used when one party wants to disclose information to someone else but needs protection regarding its use. When both parties want to exchange information, a mutual NDA is used.
Starting a business can be overwhelming. We know. We’ve seen it countless times over the years. If you’re like most entrepreneurs, you likely have innumerable questions churning through your mind, especially if you’ve never started a business before. You don’t have to try to answer those questions alone (in fact, you shouldn’t try to answer those questions alone). A knowledgeable attorney can help you through the process and support you in forming a business with a solid foundation for growth, protection, and unrivaled opportunities.
In a recent case, the Court of Appeals of Maryland dismissed the appeal of a Maryland limited liability company (“Company”) in a breach of contract action because the Company failed to file a personal property tax return.
Our clients have generally recognized that providing an employee with a salary is not enough to exempt that employee from overtime. The Fair Labor Standards Act (FSLA) established the forty (40) hour week, minimum wage, overtime and what jobs were exempt from these requirements.
Recently, we have learned that our clients are receiving letters from the Social Security Administration indicating that the Social Security Numbers submitted with payments for FICA and, presumably, Medicare, do not match. This often may involve an undocumented worker; however, it could simply mean a clerical error. The employer who receives a no-match letter stands on a border between knowingly complying with the Immigration Act of 1986, which requires the documentation of all employees by completion of an I–9 and, on the other side, a requirement that employers may not discriminate on the basis of origin.
Recently our firm assisted a client with a devastating problem. The company discovered that their CFO, who had been in his position for more than 10 years, had fraudulently stolen over $750,000.00 through electronic funds transfers.