Business partnerships almost always start off on a good foot. They seem mutually beneficial, both parties come into the partnership excited and ready to do good, and everyone brings unique skills and other factors to the table. However, as a business partnership ages,...
Business Law Professionals
Commercial Litigation
Why are well-negotiated commercial leases important?
When owning a business, it is often important to rent out a space in which to do said business. Though buying also remains an option, it is much more expensive, so short-term leases remain the most common and popular way to get a business space. However, commercial...
How may cyberattacks lead to business litigation?
Cyberattacks are when a hacker gets into your computer systems and causes trouble. While most businesses have sophisticated software meant to protect against hackers, they can still manage to get through. The National Law Review explains despite best efforts many...
What is business misrepresentation and when may I file a lawsuit?
Misrepresentation is a civil offense that includes making false statements to persuade a party to sign a contract. As noted by NJCourts.gov, you may file a lawsuit if you acted on false statements which you had reason to believe were true. Your complaint may include...
How business continuity planning may keep an enterprise open
The Small Business Administration notes that unexpected disasters cause 25% of America’s small businesses to never reopen. Continuity planning could help prepare an enterprise to withstand a potentially devastating event. Hazards that could leave a New Jersey business...
How to know which dispute resolution method to choose
Litigation used to be the most common way to resolve business-related disputes. However, more companies are leaning towards alternative resolution methods. Each method has advantages, and some may be more appropriate for certain situations. Before deciding which...
“Termination for convenience” explained
Securing a contract with a new business partner prompts excitement within any business in New Jersey given what such an agreement represents. Contractual work means continued stability for a company provided that they do nothing expressly forbidden by the contract's...
Businesses may control assets during a bankruptcy reorganization
Creditors maintain rights to seek payment when businesses file for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The Corporate Finance Institute describes how after filing for bankruptcy protection, a business may also continue operating as a “debtor in...
What protections are available for intellectual property?
Designs, processes, symbols and works that your company owns are examples of intellectual property. It may include works that your company created or that you hired someone else to make for your company. Intellectual property can be valuable because it generates...
How do you know it is time to move past your partnership?
Setting off on a business venture with a partner can be an exciting, thrilling experience. You have someone there with you to celebrate the ups and someone to commiserate with you when you hit the lows. However, people's desires and wants change over time, and someday...