Nothing is ever certain in business. Your days can be long and boring for a while and then all of a sudden something happens and you are in the midst of a legal battle. If you are facing business litigation of any sort, your entire livelihood might be on the line.
The city of Thornton in Colorado is facing a lawsuit spearheaded by two trade groups for the oil and gas industry. The issue at hand is that the town's new rules are being called illegal by the two groups.
In our recent blog post, we discussed confidential agreements and why these serve an important purpose in the business world. But they are only type of agreement that you might need to use when you are in business.
There are many things that you might want to keep hush- hush in your business -- not because they are illegal or underhanded, but because they could actually harm your business and help your competitors. This is the reason why some companies opt to have employees sign confidentiality agreements.