It is common practice for lenders to sell their loans after closing on them -- and this is especially true when it comes to mortgages and auto loans. If your loan contract has an "assignment without ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Opinions expressed by Entrepreneur contributors are their own. Businesses, of course, have a strong interest in owning intellectual property created by their employees. Intellectual property — patents ...

Depending on the terms of the employment contract, the contract may or may not be binding after the sale of a company. The continuation of the employment contract depends on the existence of a ...

The purchase and sale of claims held by creditors against debtors in a bankruptcy proceeding has become a big business. The motivations for the buyer are varied. They include making a profit on any ...

June 30, 2025 - When a typical corporate borrower signs up with a typical corporate lender for a senior secured credit facility to support its "working capital and general corporate purposes," both ...

Discover how exculpatory clauses relieve contract liability, their practical use cases, and the limits of their enforceability in agreements.