Business Law Professionals
Understanding more about contracts
New Jersey residents may benefit from learning more about the dangers associated with oral contracts. More often than not, people participating in contracts are typically advised to get the terms documented in writing. Many law students are taught that a contract does...
Navigating and avoiding partnership disputes
In New Jersey partnerships, disputes can lead to the potential loss of money, the loss of customers and wasted years. It is generally in the best interest of business partners to attempt to resolve any disputes in a reasonable and amicable fashion. It may be possible...
Closely held corporations in New Jersey
There are several different types of entities in the world of business that are defined in the IRS's Internal Revenue Code. Each entity has its own tax implications and slightly different filing statuses. The entity that a business chooses can affect how the business...
AgFeed shareholders facing off against Hormel Foods in court
New Jersey business owners may not be aware that Hormel Foods Corp. is facing a lawsuit after AgFeed Industries filed a complaint in U.S. Bankruptcy Court, the same court where the company filed for bankruptcy in July 2013. The suit is seeking an unknown amount in...
Trade secrets can be protected by written agreements
Business owners in New Jersey who have trade secrets to protect could be interested in the following information. Protecting against disclosure of trade secrets can be accomplished through the use of a contractual agreement. The two types of agreements are generally...
McDonald’s ruled co-employer with its franchisees
New Jersey franchise owners may be interested in a recent decision by the National Labor Relations Board, which ruled that McDonald's is a co-employer with its franchisees. While the ruling is currently limited to McDonald's, the precedent may pave the way for other...
History of Norman’s Hallmark
Business professionals and entrepreneurs in New Jersey may learn several valuable lessons from reviewing the history of Norman's Hallmark. The company is now the largest Hallmark Gold Crown retailer on the eastern seaboard, and is currently celebrating its 75th...
How can a business fulfill its FMLA notification requirements?
Many New Jersey employers fall under the Family and Medical Leave Act, which requires certain notification requirements to be met. Every covered employer has to display a general notice about the act and provide information to their employees regarding their rights....
Understanding how partnerships work
Some New Jersey entrepreneurs may decide to structure their ventures as partnerships. Partnerships involve two or more people sharing in the profits or losses of a company. They may also share in the company's debt and other obligations. As a partnership may be a...
What is the process for laying off workers in New Jersey?
Layoffs are a reality that many businesses must face. The actions can be difficult but may be necessary in certain situations. In order to lay off employees in New Jersey, an employer must follow certain steps. First, the business must provide notice of the action to...
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