As a business owner, you likely know that the rule is to keep your personal and business finances separate, but what happens when you get an offer for a personal business loan? If you are struggling to get business loans or other financing, you may see this as a...
Business Litigation
3 effective strategies for preventing contract disputes
Contract disputes are quite common in business, but if you find yourself involved in one, it may cost you quite a bit of time and money to fight it. You may be able to avoid many contract disputes by exercising due diligence when creating and signing your business...
Did you include these items on your employment severance package?
Sometimes, things do not work out between employer and employee, which may force you to terminate a team member. Depending on your experience as a business owner, you may not know how to assemble a proper severance package. Forbes provides several items to add to a...
Avoid partner disputes by addressing these issues
Many business owners run their businesses as partnerships. This business entity is similar to a sole proprietorship but has more than one owner who equally owns the business together. While this can be a wonderful way to include diverse skill sets into your business,...
Firms with women on the board recall risky products faster
A new peer-reviewed study examines whether having women on a firm’s Board of Directors effects management decisions to pull a defective medical product off the market. The researchers also took steps toward explaining their clear results. The study showed that...
When business litigation changes the course of one’s life
Some business lawsuits may be relatively insignificant, at least when it comes to the overall health and future of a company. On the other hand, some can be very significant, to the extent that they completely change the direction of one’s life. There are a lot of...
Wage-and-hour lawsuits on the rise
In the past few years, the news media have reported on a number of wage-and-hour lawsuits against prominent business, including Walmart and Amazon. Meanwhile, the ride-sharing service Uber is in litigation over accusations that its drivers should be classified as...
What are the possible remedies for breach of contract?
A failure by one side to honor the terms of an agreement can spell disaster for a business, and so breach of contract is one of the most common claims in business litigation. But once a business has proven the other side breached contract, what can it do? What...
We have helped many with New Jersey business litigation
When the government seeks to regulate the conduct of business, the results can be helpful or harmful depending on the regulations and the business to be regulated. Either way, assuming the regulations in question are legal and constitutional, it will be the duty of...
Limits on downtown chain stores in Jersey City under attack
Most residents of New Jersey associate chain stores with large shopping centers or roadside strip malls. Four years ago, Jersey City passed an ordinance that is intended to prevent chain store outlets from locating in the downtown business area. Now the owner of a...