Persons that have their own businesses, like all businesses, need a workspace from which to carry out their business activities. When faced with obtaining commercial space, business owners have the choice between buying and leasing. Since buying is often more expensive than leasing in the short term, many owners choose leasing.
Residents of New Jersey may have heard that a judge dismissed a shareholder lawsuit filed against BlackBerry Ltd. The dismissal came on March 13 and was issued by a federal judge on the U.S. District Court for the Southern District of New York.
New Jersey businesses may be interested in some options in situations where a partner is not performing as expected. These options may be built into the corporation or may require the assistance of a court.
In New Jersey partnerships, disputes can lead to the potential loss of money, the loss of customers and wasted years. It is generally in the best interest of business partners to attempt to resolve any disputes in a reasonable and amicable fashion. It may be possible to have agreements in place that help prevent such issues to begin with.
New Jersey business owners may not be aware that Hormel Foods Corp. is facing a lawsuit after AgFeed Industries filed a complaint in U.S. Bankruptcy Court, the same court where the company filed for bankruptcy in July 2013. The suit is seeking an unknown amount in damages. AgFeed's complaint against Hormel stems from allegations that Hormel knew of contract violations being executed by M2P2 LLC, a company whose operations AgFeed had purchased.
Business owners in New Jersey who have trade secrets to protect could be interested in the following information. Protecting against disclosure of trade secrets can be accomplished through the use of a contractual agreement. The two types of agreements are generally used are non-compete agreements and non-disclosure agreements.
New Jersey franchise owners may be interested in a recent decision by the National Labor Relations Board, which ruled that McDonald's is a co-employer with its franchisees. While the ruling is currently limited to McDonald's, the precedent may pave the way for other franchisers to be considered joint employers and potentially liable for the actions of its franchisees with regard to employee disputes.
On Sept. 9, JJJN LLC in New Jersey is suing Atlantic City and a rival rolling chair company over a lost bid for Boardwalk tram services. The company claims that the specifications and bidding process for the city's requested tram service trial run was unsound. The claim alleges that the city was attempting to circumvent public bidding laws when managing the contracts, alongside demonstrating bad faith.
On Aug. 25, the operator of a New Jersey car dealership and a Motor Vehicle Commission technician pleaded guilty to their involvement in a fraudulent scheme. The 42-year-old dealership operator, and his 30-year-old codefendant, a former employee of the Freehold Motor Vehicle Agency, were found guilty of using fraudulent car titles and damaged vehicles from Super Storm Sandy to take advantage of unsuspecting customers. Charges are pending against others at the dealership as well.
A new state law allows wineries in New Jersey to host weddings and other types of special events. However, in recent business litigation, the Borough of West Cape May alleges that Willow Creek Winery is not complying with the conditions required in the new legislation. The borough also contends that the winery needs to apply for a state pilot program before it is allowed to continue hosting events.