Business & Commercial Law

A fiduciary duty means that a person has a legal duty (usually financially-related) to someone or something else, other than themselves. This term is often used in estate planning, as an estate executor has a fiduciary duty to the deceased and the estate. But it also...

The simplest partnership buyouts or business divorces unfold between partners who have already established clear terms for the upcoming transfer of ownership. A buy-sell agreement is a common component of a partnership contract. Partners may have established...

When a business partnership breaks down, it can happen for a variety of reasons. Maybe one partner does not trust the other. Maybe there are conflicts over financial decisions. Perhaps one partner feels like they are being asked to do the bulk of the work, but they...

When you and your co-owner stop agreeing on key decisions, the conflict rarely stays small. You may struggle to approve budgets, sign contracts or even plan growth. Vendors and employees may also sense the tension. In New Jersey, this kind of stalemate can raise...

Your business partnership may be ending, but your partner still owes you legal duties. Even during a business split, you and your partner must follow certain fiduciary duties to each other. These duties help prevent unfair treatment during a tough transition. To...

A single disagreement between owners can quietly derail an entire company. When business owners fall into conflict, the damage often goes far beyond legal bills. Yet, many New Jersey businesses underestimate how a dispute can affect daily operations and long-term...

When business partners separate, financial pressure often drives conflict. Buy-sell funding insurance can shape how a business divorce unfolds by providing liquidity tied to ownership transfer obligations. Understanding its role helps you see how these policies...

When a business becomes part of a divorce, money questions grow complex fast. Numbers tell a story, but they need careful review to make sense. A forensic accountant helps you understand what those numbers mean for your business interests. They clarify the true value...

A derivative action lets you speak up when a corporation suffers harm because of misconduct inside the business. You bring the claim on the company’s behalf, not your own. This type of lawsuit can protect the value of your investment when internal problems hurt the...

When business partners decide to part ways, one question often comes up: can a partner use company money to buy out another? The idea might seem efficient, but it can raise problems if the transaction doesn’t follow New Jersey’s partnership or LLC laws. Understanding...