New Jersey is a non-registration state, which means that you do not have to file, register or get approval from a state to start franchising your business. Despite this, you gain protections under the New Jersey Franchise Practices Act (NJFPA). As an entrepreneur...
Business Law Professionals
Business & Commercial Law
5 warning signs your business partnership might be in trouble
Even the strongest partnerships can face serious challenges. This is especially true in newer businesses where partners constantly alter roles, responsibilities and financial structures. In New Jersey, most business disputes do not start with a massive fight. Instead,...
Breach of fiduciary duty can lead to business litigation
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...
What triggering events allow for the use of a buy-sell agreement?
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...
Different priorities could lead to the breakdown of a partnership
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...
What happens when co-owners reach a management deadlock?
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...
5 fiduciary duties that partners owe you during a business divorce
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...
The hidden costs of shareholder disputes for New Jersey firms
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...
What is the role of buy-sell funding in business divorces?
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...
How do forensic accountants help in NJ business divorce cases?
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...


