Business & Commercial Law

Fair market value is the amount for which a property would be sold in a voluntary transaction between a willing buyer and a willing seller. It is important that neither the buyer nor seller is under an obligation to buy or sell. It is also important that both parties have a reasonable knowledge of the relevant facts. Continue reading →

In March, 2013, the New Jersey State Legislature amended the Premarital Agreement Statute which in essence, makes it more difficult to vacate such agreement at the time of enforcement. A Premarital Agreement, or more commonly known as a Prenuptial Agreement, is an agreement between two prospective spouses or partners in a civil union, dealing with current or future property interests in real or personal property, as well as income and earnings. Continue reading →

Either party in a post-judgment divorce action may make an application to modify alimony and/or child support based upon a perceived substantial change in circumstances. The party seeking the modification has the ultimate burden of demonstrating that a change in circumstance has occurred which would warrant a modification or termination of that support obligation. A reduction or lack of income is a prominent reason why litigants believe they are entitled to relief. Courts often hold that persons are not entitled to a reduction or termination of their support obligation for two reasons: The reduction or lack of employment (1) cannot be shown to be permanent in nature, and/or (2) was voluntary, at least in part. Continue reading →

Surveys and studies have shown that between 16 and 21 percent of employees nationwide have directly experienced adverse health effects associated with workplace bullying, abuse, and harassment. Notably, those studies further show that this behavior is four times more prevalent than sexual harassment alone. Continue reading →