Business & Commercial Law
New Jersey Law Blog
Houlihan’s Files for Chapter 11 Bankruptcy; Rival, Landry’s LLC is Stalking Horse Bidder
Posted in Business & Commercial Law
HRI Holding Corp, aka the Houlihan’s restaurant chain, filed for Chapter 11 bankruptcy in Delaware under docket number 19-12415 on Thursday, November 14, 2019.
What Happens to Your Home During a Divorce
Posted in Business & Commercial Law
Deciding what to do with a marital home during a divorce can be tricky. Sometimes one or both parties wishes to retain the house after the divorce by buying the other spouse out of their interest. Other times, the parties may choose to sell the home either during the divorce… Continue reading
The Third Circuit Court of Appeals Hit Penneast Pipeline Company with Another Setback
Posted in Business & Commercial Law
The Third Circuit Court of Appeals hit PennEast Pipeline Company with another setback on November 5, 2019. The Court of Appeals denied the company’s request for a rehearing of the Court’s earlier decision, which held that the 11th Amendment of the United States Constitution prohibits PennEast Pipeline Company from suing… Continue reading
Sears Wants It’s Money Back… Debtor Filing Preference Complaints Against Trade Creditors
Posted in Business & Commercial Law
This past week, Chapter 11 debtor Sears Holdings Corporation (“Sears”) filed hundreds of preference complaints to recover money from paid pre-petition creditors. For most creditors, it must seem odd to be receiving a complaint to return money for goods or services sold prior to October 15, 2018 (the date when… Continue reading
Destination Maternity Files for Chapter 11 Bankruptcy
Posted in Business & Commercial Law
Destination Maternity Corporation filed for Chapter 11 bankruptcy on Monday in Delaware under docket number 19-12256. The large maternity-wear retailer owns approximately 458 U.S. stores comprised of 362 Motherhood Maternity Stores, 26 Pea in the Pod stores, and 70 Destination Maternity stores.
Valid Execution of a Will
Posted in Business & Commercial Law
The general conception by most people is that a Last Will and Testament must be signed by the Decedent in the presence of two witnesses. While this is undoubtedly the preferred method for a Last Will and Testament to be executed, it is not the only way that a Will… Continue reading
New Jersey Lien Law vs. Pennsylvania Lien Law: The Writing Requirement
Posted in Business & Commercial Law
This is the second blog in a series of blogs examining the differences between New Jersey Lien Law and Pennsylvania Lien Law. Read part one discussing notice and timing differences here. Since these states share a border, and many contractors operate in both states, they should be aware of the… Continue reading
How to Know You Have the Right Transition Attorney for Your Community Association
Posted in Business & Commercial Law
When community association board members hire a transition attorney for their condominium or homeowners association, they may not know exactly what to look for. They may not know much about transition to begin with, or may not know the right questions to ask in order to find the right transition… Continue reading
Though Unattractive, You Still Need a Pre-Nup or Cohabitation Agreement
Posted in Business & Commercial Law
A shortage of economically attractive men is yet another reason you may need a pre-nup before tying the knot. A recent Cornell University study published in the Journal of Marriage and Family says that one of the reasons the U.S. has seen a decline in marriage is because there is… Continue reading
California Assembly Bill 5 and the (Non-)Impact on the Financial Services Industry
Posted in Business & Commercial Law
California Assembly Bill 5 (the “Bill”) was passed in Senate on September 9, 2019 after passing the Assembly back in May. According to reporting by the New York Times, it is expected that California Governor, Gavin Newsom, will sign the bill. The Bill changes the status quo on the classification… Continue reading
