Business Law Professionals
What are warning signs in a business relationship?
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,...
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...
Understanding the different types of partnerships
When starting a new business project, you must determine what type of business you are forming. If you plan to own and operate your business with another person, you will generally form a partnership. Not all partnerships are the same. There are three different types...
Rekindling the spark in your business partnership
When you and your partner started working together, there was a sense of novelty to the business and your relationship that helped you through some of the challenging times. As the company began to build momentum, you and your partner started to get into a steady...
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 may I prepare someone to take over my share of a business?
If you wish to sell your stake in a New Jersey business, you may need to obtain consent from your partners. Chron.com notes that an existing partnership agreement may specify whether you must sell your ownership interest to another partner. When your partners agree on...
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...
Common causes of employee shareholder disputes
If your company allows employee shareholder ownership, there is potential for legal conflict. Depending on what charges emerge, staff unrest could impact your bottom line. Business owners allowing such participation should be aware of what disputes may arise. Further...
Verbal agreements and partnership disputes
If you are currently in the middle of a partnership dispute, you probably have many concerns and it is very important to look at the situation from an individualized point of view. Every partnership is unique, and you need to address your concerns properly. The...
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