Business Law Professionals
Lawsuit filed over $66 million contract
A construction company based in the borough of Wood-Ridge filed a lawsuit in New Jersey on July 7 in an attempt to get the award for a $66 million contract overturned. The plaintiff claims that the winning bidder of the contract doesn't have the electrical...
HP victorious after lawsuit is dismissed
New Jersey investors may have heard that Hewlett-Packard Co was victorious in a securities fraud lawsuit. The plaintiffs were led by Retail Wholesale & Department Store Union Local 338 Retirement Fund. None of the parties involved in the trial offered any comments...
$350,000 settlement in fraudulent bank transfer case
New Jersey businesses may be interested in the story of one company who has settled a potentially-lengthy litigation over a data security breach. The dispute has gone away, but one of the parties wishes that the issue went to trial.In November 2011, 12 fraudulent...
Court rules against Coke
New Jersey residents and others across the country might be paying more for their Coca-Cola products if the soda manufacturer continues to lose in court. The most recent business dispute arose after a juice maker claimed that Coke's pomegranate juice is not all...
Businessman purchases newspaper for $88 million
New Jersey residents may be interested in the latest acquisition of a major Philadelphia newspaper by a local philanthropist and businessman. The purchase is the result of a falling out between former business partners who previously owned the paper. The Philadelphia...
Lawsuit alleges third-party energy supplier fraud
New Jersey state agencies have initiated a civil action against three third-party suppliers of energy. The lawsuit alleges that the three energy providers falsified promises of reductions in monthly billing to hundreds of their customers. The lawsuit asks for recovery...
Long-running patent dispute over heart valves finally settled
Businesses often deal in large sums of money, valuable real estate and other significant assets. The larger the firms, the higher the price tags and the greater the risk if anything goes wrong. The Uniform Commercial Code is in place to aid and protect businesses...
Trenton fined for 2-year past due invoice
With the state of the economy seemingly forever in flux, it can be a challenge for some businesses to stay afloat. This is not made any easier when those you do business with renege on their agreements. A breach of contract can be harmful for all involved and...
New Jersey man prepares to open juice business
With the ever-shifting economy posing problems for many firms, job security has become harder to find. For some, the best option is to forge ahead and start a new business entity, taking their future into their own hands. It may seem an uphill struggle at first, but...
Google accused of abusing market power
All business owners want the best for their business, and many will go to great lengths to get ahead. Unfortunately, the better you do, the more competitive things get and it can be easy to step on people’s toes. When a company is deemed to have acted unfairly,...
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