Business Law Professionals
How does New Jersey handle unfair business practices cases?
Unfair business practices can significantly harm consumers and competitors, affecting the overall marketplace. If you find yourself involved in such a case, it’s important to understand how New Jersey addresses these matters. The state has specific laws and processes...
Business divorce and intellectual property: Who owns what after a shareholder split?
A variety of situations can trigger a "business divorce" between business partners. One common cause is a fundamental disagreement over the direction or vision of the business, where partners have conflicting ideas about growth strategies, product development, or...
How to value goodwill during separation?
When a business partnership ends, there's more at stake than just physical assets. One major point of tension is the value of goodwill. This intangible asset can carry a lot of weight, especially if your company has a strong reputation, loyal customers, or...
How does NJ law treat minority partners in a business divorce?
If you’re a minority partner in a New Jersey business facing a split, understanding your rights matters a lot. Minority partners often worry about their voice and stake being overshadowed during a business divorce. The good news? New Jersey law offers protections...
How to protect your business from contract breach claims
Contract breaches represent a serious threat to any business operation. These problems usually happen when someone doesn't fulfill their end of the deal, like missing deadlines or failing to pay on time. But beyond legitimate contract disputes, some parties may file...
Can choosing the right partner now avoid a business divorce?
You’re excited over your new idea and ready to start your company. All you need is a business partner. Just make sure that you pick the right one, which can definitely be easier said than done. But could choosing the right partner at the inception of your business...
How do non-compete clauses affect business divorces?
In a business divorce, non-compete clauses can be a key point of contention. These provisions, which prevent former partners from competing with the business, can complicate the process. Understanding their impact is crucial for managing a business split effectively....
What counts as trade secret misappropriation?
Trade secrets protect the valuable information that gives your business a competitive edge. When someone takes or uses that information without permission, they may commit misappropriation. Knowing what counts helps you avoid risk and take action if needed. Definition...
How do buy-sell agreements help during a business divorce?
Business partnerships don’t last forever. When owners decide to part ways, emotions can run high and decisions may become complicated. A buy-sell agreement helps make the separation process more efficient and predictable. Prevents drawn-out disputes A buy-sell...
What to do if you’re accused of business fraud
Being accused of business fraud can feel overwhelming. Serious allegations like these can damage your reputation, harm your business, and lead to fines, asset forfeiture, or even imprisonment. Knowing what steps to take will help you manage the situation effectively...