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Wiley & Mathews

April 2020 Archives

Oil wells are still producing, despite decline in demand

When you agreed to let the oil or gas company lease your land a few years ago, the demand for oil and other natural minerals was going strong. Now, there's been a huge drop in demand and production is falling accordingly. Will the well on your property suddenly stop production and your royalty checks dry up?

Common mistakes with noncompete agreements

A good noncompete agreement isn't out to limit a former employee's prospects in life or penalize a company's prior owner. Noncompete agreements are designed to protect legitimate business interests in an increasingly competitive world. That makes it especially important that you avoid sabotaging yourself when dealing with them.

Lowball insurance settlements are a form of bad faith insurance

Insurance companies, like other businesses, want to turn a profit by providing services to the public. Typically speaking, insurance companies make a profit off of policyholders who don't have to file significant claims and can take financial losses if they have to pay out substantial claims for massive property damage or permanent injury caused by a policyholder.

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