Jerry Cohen
Jerry Cohen Hello. I'm Jerry Cohen and with this blog I'll be providing insight and solutions regarding legal matters affecting the furniture industry, including operational issues, trends, and current and proposed legislation. I've worked on the business and legal side of the furniture industry which gives me an unusual perspective on the complexities we face. My firm and I currently counsel furniture manufacturers and national, regional and local retailers with their corporate, commercial and intellectual property transactions, as well as day to day matters. In the course of our work we deal on a regular basis with federal, state and local authorities, attorneys general, financial institutions (such as banks, asset based lenders, hedge funds and private equity); licensors and licensees; the media; sale promoters; creditors and debtors, landlords, and others. Have a comment? Add it to this blog or write to jcohen@homefurnishingslaw.com
Email: jcohen@homefurnishingslaw.com
Law and the Business of FurnitureLink This | Email This | Comments (2) Retailers Beware: 1.8 Million Reasons To Be Careful About Comparison AdvertisingTo grab the attention of customers that are not in the mood to part with their dollars, many retailers resort to comparison pricing advertisements. This creates pitfalls that retailers should be aware of. Michaels Stores, a large retail chain, recently ran afoul of New York's deceptive advertising statutes and settled the case for $1,800,000. Admittedly, Michael's may have gotten carried away. The... MoreLink This | Email This | Comments (2) WHEN TO USE A NON-COMPETE AGREEMENTThere's a place and purpose for Non-Compete Agreements but perhaps not as widely as currently being used. In my view, a non-compete is appropriate for certain officers and management, but not for most staff and salespersons. Here's why (if you would like to see a typical Non-Compete Agreement, email me at the address below). 1. What is it? Just like it sounds, the Non-Compete Agree... MoreLink This | Email This | Comments (0) LICENSOR AND LICENSEE DISPUTES – TRADEMARK ISSUESLicensed furniture collections are all the rave as reported here in Furniture/Today. As these relationships multiply and mature, disputes between licensors and licensees are arising with more frequency. One area ripe for disagreement relates to the licensee's use of the licensed trademark. 1. LICENSOR.(a) Concerns: Licensors are obligated by law to carefully control and police the use of their... MoreLink This | Email This | Comments (4) HIRE ACT – Is It Meaningful for the Furniture Industry?What it is: The “Hiring Incentives to Restore Employment Act” (HIRE), which was recently enacted, provides tax incentives for hiring and retaining employees (it also provides incentives for purchasing equipment and certain business assets). How it works: Employers are exempt from paying the 6.2% Social Security portion of FICA taxes through the end of 2010 for employees that are hired betwe... MoreLink This | Email This | Comments (1) HOW AICO PROTECTS ITS DESIGNS FROM INFRINGEMENTLarry Rinaldi, President of Amini Innovation, Corp. (“AICO”), doesn’t believe in the adage “imitation is the sincerest form of flattery.” Designing product for its clients is a challenging creative process that AICO performs exceptionally well. Rinaldi exclaims, however, that infringement of its designs is distracting, costly and frustrating, which explains why AICO devotes its attention and re... More |
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