What is “fiduciary duty?”

In the context of trust administration, fiduciary duty refers to the standard of care that a trustee is expected to exercise. Generally, as a fiduciary, a trustee is expected to always act in a manner that benefits the interests of the trust. Trustees are also expected not to act for their own benefit if doing so wouldContinue reading “What is “fiduciary duty?””

Can a labor or employment dispute be resolved without going to court?

Yes. Most employment and labor cases are resolved through alternative dispute resolution procedures rather than through traditional court litigation. Many labor agreements and employment contracts have clauses requiring employers and employees to pursue an out-of-court resolution of their dispute through formal mediation or through arbitration. Alternative dispute resolution has several benefits over court litigation, includingContinue reading “Can a labor or employment dispute be resolved without going to court?”

What happens if a court finds that a restrictive covenant agreement is not enforceable because it is over-broad?

Both New York and New Jersey are considered “blue pencil” states because courts in both jurisdictions have the authority to alter the terms or narrow the scope of a restrictive covenant to make the agreement enforceable. However, courts may decline to “blue pencil” a restrictive covenant if no reasonable modification of the agreement would makeContinue reading “What happens if a court finds that a restrictive covenant agreement is not enforceable because it is over-broad?”

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