We see this scenario all too often – invoices were marked “net 30 days” and, for the entire shale boom, they were always paid timely or at least within the next month. But now your customers are asking for net 60, 90, even 120 day schedules, which […]
On Tuesday, the U.S. Senate passed the Cybersecurity Information Sharing Act—a bill that expands protections to companies that choose to share cybersecurity data with the government. A Wall Street Journal editorial described the bill’s concept: “ […]
Earlier this year, the charter for the Export Import Bank of the United States expired. American companies—including most notably Boeing, but also small businesses with export sales—use Ex-Im guarantees to reduce the cost of selling their […]
The "buy-out" price of the non-compete can be unilaterally set by the employer in the contract, and thus typically bear no real relationship to the employer's true economic loss of goodwill when the physician leaves. I have recently seen three times […]
Common wisdom states that private-sector employees have no free speech rights – but this perception is rooted only in First Amendment law. The truer statement is that employees’ First Amendment free speech rights may be limited by the employer, but […]
Cyber Theft of Corporate Secrets seems more likely to be found in a movie script than in the real world. But, cyber theft has been estimated to cost American companies tens of billions of dollars annually.[1] President Obama has gone so far as to […]
With the large amount of money that financial institutions pour into cyber security every year, it is unnerving to realize that the simple click of a smartphone’s digital shutter could easily steal sensitive information. Every carefully implemented […]
During October’s National Cyber Security Awareness month, government agencies like the Department of Homeland Security, educational institutions, and private entities like the National Cyber Security Alliance, took steps to raise awareness and to educate […]
In today's dynamic business landscape, the laws impacting the energy sector are constantly evolving. Energy Law Today is dedicated to recent court decisions and emerging legal issues that can have a tangible impact on operators, service companies, and […]
Director AJ Johnson's latest post on Energy Law Today focuses on the upcoming overtime regulations by the Department of Labor.
Numerous Fair Labor Standards Act (the “FLSA” or the “Act”) lawsuits (and Department of Labor audits) have targeted gobs of well-intentioned energy companies, from the largest service companies (such as Baker Hughes) down to the “mom and pop […]
In Tetra Techs., Inc. v. Continental Ins. Co., No. 15-30446, currently before the Fifth Circuit, the lower court’s decision hinges on an interpretation of the phrase “pertaining to a well” to determine if the Louisiana Oilfield Anti-Indemnity […]