As this blog has mentioned in the past, healthcare mergers and acquisitions are big business in New Jersey. At a time when big healthcare changes are occurring at both the federal and state level these complex business transactions have become front page news. Recently, new rumors have circulated about potential acquisition of another health system.
Many New Jersey businesses will experience conflicts with their competitors. Businesses are often fighting for a limited amount of customers while trying to make the most amount of money. In some situations, unfair competition can lead to commercial litigation between two businesses.
Over the first nine months of 2012, the Atlantic Club Casino Hotel in Atlantic City, New Jersey had a gross operating loss of $13.6 million. In addition to these losses, the Atlantic Club's gambling revenue was down 11 percent in 2012 and it was ranked 10 of 12 in total slot machine revenue for the casinos in Atlantic City. All in all, the casino was struggling.
The business world runs on contracts. Indeed, contractual obligations control multiple aspects of business operations in New Jersey, covering matters of employment contracts, leases, shipping contracts and supply contracts.
It's almost Thanksgiving, which means it's almost Black Friday, the biggest shopping day of the year. Of course, the holidays in general are a big time for shopping and a good time for a business to consider whether they are doing all they can to get shoppers to spend in their store.
Court proceedings in the breach of contract case against Miami Heat basketball star Dwyane Wade is set to begin today in Miami, Fla. Today a panel of jurors will begin hearing opening statements from attorneys regarding a lawsuit initiated by the NBA star's former business partners involving a failed restaurant venture.