The blog post discusses how legal provisions, such as a simple confidentiality agreement, a consulting agreement or a multi-billion dollar license, are often a source of misunderstanding, confusion and frustration.
In the post, Konstantin Linnik, who serves as co-chair of the Legal & Regulatory Working Group at MassBio, and his co-author Isaac Hubner relay the story of Dr. Joseph Grocela, a urologist at Massachusetts General Hospital who also moonlighted as a medical device entrepreneur, and detail how misunderstanding a basic legal provision in an employment contract may lead to dashed dreams and a lengthy legal dispute.
They point out that the lesson is to always read and understand any agreement, even if it's not called a contract, and seek legal help to understand implications when in doubt.
To read the MassBioHQ blog post, click here.
Originally published on January 11, 2016
This update is for information purposes only and should not be construed as legal advice on any specific facts or circumstances. Under the rules of the Supreme Judicial Court of Massachusetts, this material may be considered as advertising.
