Business Law Professionals
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...
How can I know it’s time to end a business partnership?
When you and your partner started, you were both excited and ready to dedicate your time and effort to the business. Like many companies, you may have had long hours as you waited for your business to take off. Now that your concept is starting to take off, you may...
“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...
Do you know these tips for closing your business?
You hoped for a favorable outcome when you and your current partners went into business together, but things did not work out. As part of your business divorce, you want to close your current venture and start another one with different partners. The U.S. Small...
How can I run a business with a former spouse?
When you divorce as a business owner, you may have some tough choices to make. To keep your business, you may end up having to run your business with your ex-spouse. For some people, this may be easy to do, but others may struggle. If you have concerns about your...
How to structure your business acquisition
If you are considering acquiring an existing business, you will need to determine how to structure the transaction. Under one method, you can buy the stock of the existing shareholders. An acquisition can also occur by purchasing all or most of the business's assets....
Did you form an accidental partnership?
An idea for a new business can hit you at any time. You might be chatting about the future with your friends or tinkering in your garage when you have the idea that changes your life. As you begin building your new company, the people you surround yourself with are...
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...
Can you keep your business in a divorce?
When you decide to divorce your spouse, you must think about your business. In most cases, it is at risk because it is property belonging to you and your spouse, even if your spouse did not directly have anything to do with it. The Street explains that unless you plan...
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