Articles Posted in Business Litigation

WHAT IS DETRIMENTAL RELIANCE
Mavrick Law Firm Team

Detriment to reliance is when somebody has made a statement that would have a reasonable expectation that the person who obtained the information or received the statement relied on it and they relied on it in a manner where they took measures and incurred expense or they incurred some hardship on reliance on this other…

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WHAT IS A WHISTLEBLOWER?
Mavrick Law Firm Team

There are different types of whistle blowers but the main type of whistle blower is somebody who has objected to or refused to participate in an unlawful practice of the employer. By doing that the employee has done something that he is protected from so that the employer cannot get back at him through some…

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WHAT IS A PROTECTED CLASS?
Mavrick Law Firm Team

A protected class is a category the law has created to protect certain people. For example, whistle blowers would be a protected class, a person who has objected to or refused to participate in what is an unlawful practice of a business makes an objection or refuses to participate in something. The employer cannot then…

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WHAT IS A FICTITIOUS NAME?
Mavrick Law Firm Team

The fictitious business name is typically how you do business under. It’s not necessarily your legal corporate name. For example, a corporation may have a Do Business As McDonald’s, or it may Do Business As the Chicken Place, but its corporate name is something different. It may have an actual legal corporate name as ABC…

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WHAT ARE LIQUIDATED DAMAGES?
Mavrick Law Firm Team

Liquidated damages are an agreed fixed amount of money that parties enter into in a contract where they said if another party breaches it, this is going to be the amount they agree upon in damages. Liquidated damages frequently exceed what the law permits and there are legal limitations as to what a liquidated damage…

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