Business & Commercial Law
New Jersey Law Blog
PennEast Pipeline – What to Anticipate
Posted in Business & Commercial Law
Shareholder Timothy P. Duggan recently joined Jacqueline Evans, property owner and member of Homeowners Against Land Taking (HALT), on an episode of PrincetonTV hosted by Natasha Sherman. Mr. Duggan and Ms. Evans talked at length about the proposed PennEast pipeline and its anticipated effect on parts of Central New Jersey… Continue reading
The Shoe Dropped…Payless Files for Chapter 11 Bankruptcy
Posted in Business & Commercial Law
Kansas-based Payless, Inc. filed for Chapter 11 bankruptcy protection in the Eastern District of Missouri (St. Louis) on Tuesday afternoon, under docket # 17-42257. If you read my blog post about Payless from two weeks ago, this filing should come as no surprise to you. I even put Payless on… Continue reading
The Basics of Commercial Construction Liens
Posted in Business & Commercial Law
The purpose of this blog is to provide a general overview of the basics of filing commercial construction liens. It must be noted, however, that the procedure for filing a construction lien on a residential project is an entirely different process.
Condominium Associations May Recoup Insurance Deductibles
Posted in Business & Commercial Law
One of the largest line items in any condominium association’s budget is its insurance premium. Condominium associations are required, pursuant to their governing documents, to carry adequate property insurance to address common elements (and in many cases, unit owners’ improvements), liability insurance, and director’s and officer’s insurance coverage. Further, condominium… Continue reading
Court Upholds Association Revocation of Parking Privileges
Posted in Business & Commercial Law
A New Jersey trial court has upheld the suspension of parking privileges against a delinquent condominium owner. In this case, the condominium association adopted a Resolution – based on authority from the governing documents – that revoked parking privileges for habitually delinquent unit owners. The unit owner involved failed to… Continue reading
Payless Expected to File for Bankruptcy in Next Few Weeks
Posted in Business & Commercial Law
As i mentioned in my blog from January, “11 Retailers to Watch for Possible Bankruptcy Filings in 2017,” it looks like Payless is on the verge of a bankruptcy filing. Bloomberg reports that Kansas-based Payless, Inc. may be filing for bankruptcy protection as early as next week. The retail discount shoe… Continue reading
Déjà Vu – RadioShack Brand files for Chapter 22 Bankruptcy
Posted in Business & Commercial Law
The new owner of the RadioShack brand, General Wireless Operations Inc., just filed for Chapter 11 in the United States Bankruptcy Court for the District of Delaware. This is the second Chapter 11 filing for the brand in two (2) years (a chapter 22 filing, like the recent EMS brand… Continue reading
HH Gregg Files for Chapter 11 Bankruptcy: Part of a Next Wave of Retailers Seeking to Restructure/Reduce Debt and Reduce Footprint
Posted in Business & Commercial Law
The 61-year old Indianapolis-based appliance and electronics chain, HH Gregg, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Indiana. The company has struggled with declining sales for about four years. According to Reuters, HH Greg has a signed a term sheet with an unnamed… Continue reading
Pay When Paid Clauses in Construction Contracts
Posted in Business & Commercial Law
Whether you are a general contractor or a subcontractor, you have probably come across a pay when paid clause within a subcontract or general contract. The idea of the clause is that the contractor or subcontractor would not be responsible for payment to a lower-tier contractor unless and until it… Continue reading
NJ Gas Tax, Federal Infrastructure Projects, and Eminent Domain
Posted in Business & Commercial Law
New Jersey approved a gas tax in 2016 to replenish the New Jersey Transportation Fund. The proceeds of the tax are to be used to make infrastructure improvements throughout New Jersey. In addition, the Trump administration recently announced a policy to support infrastructure projects on a national level.