Trade Name and Trademark in Puerto Rico: Two Closely Related Cousins
People often confuse a trade name with a trademark but while they are related, both mean different things. Here are the key differences. Trade name To legally start a corporation or a company you must file paperwork with the state and include your organization’s name. This name becomes your business’s official identification followed by the […]
Franchise in Puerto Rico- Should You Buy or Create One?
A Franchise is a business model that has allowed many people to stop being employees as it facilitates the transition from employee to self-employment. However, franchising Puerto Rico is not for everyone or all types of businesses. As a franchise development consultant and franchising lawyer helping organizations develop franchises or individuals purchasing one, I would […]
Differences in Protection for Distributors and Sales Representatives Under Puerto Rico laws 75 and 21
Distributors, dealers, franchise units and sales representatives in Puerto Rico may be protected against unjust termination, impairment, and interference with their commercial relationships depending on the nature of the business arrangement involved. Puerto Rico’s Dealers Act, Laws 75 and 21 provide different protections, requirements, and remedies depending on whether the relationship involves a dealer, distributor, or […]
Non-Compete Agreements in Puerto Rico
By Robert A. Fleming- Business Attorney Puerto Rico Labor employment: The Non Compete Agreement Along with confidentiality agreements, covenants not to compete help companies protect their private information and limit unfair competition from employees who leave. If your company does business in Puerto Rico is important to understand that the courts in Puerto Rico disfavor […]
Trade Secret Protection in Puerto Rico
By: Robert A. Fleming- Business Attorney Puerto Rico Puerto Rico has a new statute to regulate the use and protection of industrial or trade secrets. Known as the “Industrial and Trade Secret Protection Act of Puerto Rico.” Act No. 80 of June 3, 2011, follows the model law of the Uniform Trade Secrets Act (UTSA). […]