Business Law Professionals
Land Once Slated for Commercial Development Likely to Become Port
According to The Jersey Journal, the board of the Bayonne Local Redevelopment Authority voted unanimously Thursday night to give BLRA Executive Director Christopher Patella the authority to negotiate the sale of 128 acres in the southern section of the Peninsula at...
Entrepreneurs Still Find Vast Business Formation Potential on Web
A recent article in The New York Times highlights an entrepreneur's success starting businesses online. The article profiles Ben Huh, an entrepreneur who took a risk in buying a website filled with funny-captioned goofy cat pictures and managed to turn the purchase...
United-Continental Airlines Merger Raises Antitrust Concerns: Part 1
On Wednesday, the CEOs of Continental Airlines Inc. and United Airlines parent UAL Corp. defended their plan for a merger to skeptical members of Congress. Lawmakers are concerned that a merger will lead to higher fares, job losses, and a decreased quality...
United-Continental Airlines Merger Raises Antitrust Concerns: Part 2
On Wednesday, congressional lawmakers raised serious antitrust concerns with the CEOs of United Airlines parent UAL Corp. and Continental Airlines Inc. over their plan to merge. The merger involves a $3 billion stock swap and would create the world's largest...
NJ Nuclear Utilities Accuse Govt of Ongoing Breach of Contract
The Wall Street Journal recently published an interesting article that discusses the ongoing problem of storing the nation's nuclear waste. In March, the Energy Department notified the federal Atomic Safety and Licensing Board that it was dropping its plan to store...
New Businesses Continue to Form Despite Recession
The annual study of new business creation, The Kauffman Index of Entrepreneurial Activity, has found that incidents of new business formation have continued to increase in spite of challenging economic times. The Wall Street Journal...
Avis v. Hertz in Dollar Acquisition, Part 2: Antitrust Issues
While the rental car giants Hertz and Avis argue in public over who has the better chance to get regulatory approval to acquire Dollar Thrifty Automotive Group, investors and experts believe that it will come down to the highest bid, The Wall Street Journal reports....
Avis v. Hertz in Dollar Thrifty Acquisition, Part 1
The Park Ridge, New Jersey-based rental car company, Hertz Global Holdings Inc., is waiting to see how much money Avis Budget Group Inc. will bid in a counter-offer in the two companies' long-time battle to acquire Dollar Thrifty Automotive Group. People...
Kearny Financial to Acquire Central Jersey Bank
On Tuesday, it was announced that Kearny Financial Corp. will acquire Central Jersey Bancorp for $72.3 million. Kearny Financial Corp will pay in cash. The transaction between the two companies is pending approval by regulators and shareholders. Five months ago, Ocean...
Hulk Hogan Files Lawsuit Alleging Infringement on Intellectual Property
Terry Bollea, better known to wrestling fans throughout the world as Hulk Hogan, filed a lawsuit against cereal giant Post earlier this year for repeatedly infringing on his intellectual property in a commercial for Cocoa Pebbles. The television ad in...
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