Construction Lien Law and Where to File the Lien
If an owner of a one family house has a contractual dispute with a contractor and the contractor attempts to place a lien on …
Do I Have a Duty of Loyalty to My Employer?
Employees must not act contrary to the employer’s interest, nor compete with his or her employer during their employment. Additionally, NJ courts have held …
Buy-Out of Business Partner With Life Insurance Results in Massive Income Tax Hit From IRS
A recent U.S. Supreme Court decision in Connelly v. United States disputes a common succession strategy for many closely owned businesses with more than …
Implied Covenant of Good Faith and Fair Dealing Applies to All NJ Contracts and the NJ Consumer Fraud Act
An important law governing New Jersey commercial transactions is known as the “implied covenant of good faith and fair dealing”. This law states that …
Can You Sue Your Insurance Agent for Not Recommending Enough Coverage?
Do you have enough insurance? Does your insurance agent ever discuss your coverage? Without enough insurance you risk loss of your savings and property. …
Transferring Your Family Business to a Child Can Have More Complications Than You Think
Owners of family businesses often look forward to the day they will be able to retire and pass on the business to their child …