Legal Briefs: Travel Weekly

Legal Briefs

Be wary when client won't pay with a credit cardHere are some steps to take if a new corporate account doesn't want to pay by card.

Don't share too much with a potential buyerYou should disclose less-sensitive information first and then gradually disclose more as you become more confident that the...

When an employee turns competitorIn the absence of an employment contract with an enforceable noncompete clause, here are some general principles covering what...

FTC's noncompete rule is effectively deadThe absence of federal regulation means that each state's noncompete laws will govern.

FTC rule excludes franchise agreementsThe status of the Federal Trade Commission's new rule prohibiting employee and independent contractor noncompete clauses is...

Understanding terms in master services agreementsOne of the biggest problems in corporate travel contracting is that most corporations' standard contract forms -- such as MSAs...

Old host refuses to transfer bookingsIf the old host is unwilling to consent, you could be facing an operational nightmare.

Figuring out the right earnout formulaSelling an agency and crafting an earnout? Here's what your attorney needs to know.

Five things to know when buying an agencyIf your attorneys have never been involved in travel-industry acquisitions, here's what they probably don't know about.

Agency accreditation: Inside the numbersProspective hosts need an industry-recognized accreditation number. Besides ARC, they have three choices: an Iatan number, a...

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