Determining how to split equity can be a daunting challenge for founding members of a new company. Generally, it is common practice to give a larger share to the founder who came up with the idea to start the business. However, there are many different circumstances that might drive such determinations
Employees in New Jersey may be affected by a Feb. 11 court decision that may make it harder to hold employers accountable for management personnel who commit sexual harassment offenses. Judges claimed that the recent decision could help motivate employers to uphold anti-harassment policies that are effective, as well as hold employees accountable for being prompt and responding appropriately when there is a sexual harassment issue. The dissenting judges contended that the ruling could set the many employees back several decades.
When entrepreneurs have decided to start their own company, it is important that they do some planning beyond determining what type product they want to make or service they want to provide. Some of the most important steps in running a successful business are ones that are taken before it is even established. Two essential steps are creating a business plan and determining the business' structure.
New Jersey employees could potentially benefit from understanding more about what actions qualify as a violation of civil rights. When there has been a civil rights violation, victims may have several options available for attempting to remedy the situation. In order to resolve an issue, people victimized by a civil rights violation may file a claim with the appropriate government agencies, file a private lawsuit in court or attempt to reach an agreement through informal negotiations.
In a development that will be a boon to businesses litigating in New Jersey, the judiciary recently announced that it would be implementing a program for the handling of complex business disputes, effective January 1, 2015. We at Dunn Lambert, L.L.C., like many New Jersey business litigators, have long hoped for such a program, so that sophisticated commercial cases can receive special attention from judges experienced in handling such disputes. New York has long had a similar program, specifically, a "Commercial Division", dedicated to suits "alleged to arise out of business dealings."