Posted in Bankruptcy & Creditor's Rights, Business & Commercial Law
On September 9, 2024, Big Lots, Inc. filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court in Delaware. At the time, Big Lots had entered into an asset purchase agreement with an affiliate of Nexus Capital Management LP (“Nexus”), which had agreed to acquire Big Lot’s assets… Continue reading
Posted in Employment Law
On December 9, 2024, the United District Court of Appeals for the Third Circuit issued an important decision whether New Jersey’s Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (“CREAMMA”) provides a private right of action for a job applicant who was denied employment because he failed a pre-employment drug… Continue reading
Posted in Employment Law
On November 18, 2024, Governor Murphy signed a law which will require New Jersey employers with 10 or more employees to disclose certain compensation benefit information in job advertisements. What Does the Law Require? This new law requires covered employers to disclose in each job posting, “the hourly wage or… Continue reading
Posted in Divorce & Family Law
The end of the year is upon us, and often parents or other individuals make gifts to their children for the maximum amount allowable to avoid federal and state gift taxes. In the absence of marital bliss, how these gifts are handled can make a significant difference in the event… Continue reading
Posted in Community Associations
There are three important requirements affecting New Jersey Community Associations: Reserve Studies Compliance, the Corporate Transparency Act (CTA) Compliance and Structural Integrity Compliance. Please ensure your association is in compliance. Reserve Studies Compliance All community associations with at least $25,000 in capital assets must comply. Reserve studies must be updated… Continue reading
Posted in Divorce & Family Law
There are two main types of restraining orders you can obtain in New Jersey: Temporary Restraining Order (TRO) A Temporary Restraining Order (TRO) is an emergency measure you can file to obtain immediate protection from your abuser. This order can be issued without the abuser being present in court. The… Continue reading
Posted in Workers' Compensation
In the United States, 986 workers died from heat exposure between 1992 and 2022, with the construction industry accounting for 34% of all deaths. Although the U.S. Occupational Safety and Health Administration (OSHA) has discussed creating a federal heat safety standard, none currently exists and there is no clear timeline… Continue reading
Posted in Divorce & Family Law
Cryptocurrency has become an increasingly popular investment and asset class in recent years. As digital currencies like Bitcoin, Ethereum, and others continue to gain mainstream acceptance, they are also becoming more common in divorce proceedings. In New Jersey, as in many other states, the division of assets during divorce can… Continue reading
Posted in Investment Management & Securities
AI Transcripts in Investment Advisory There has been a boom recently regarding investment advisers’ use of artificial intelligence (“AI”) to transcribe client and internal meetings. Among other applications, AI features such as Zoom AI Companion, Microsoft Copilot, Jump, and Otter.ai (collectively, “AI Meeting Assistants”) can assist with drafting, transcribing, summarizing… Continue reading
Posted in Litigation
In the context of a breach of contract action, one very important, often misunderstood, legal doctrine is the economic loss doctrine. In general, the purpose of this legal doctrine is to prevent a breach of contract case from devolving into a creative pleading contest, which can become unnecessarily cluttered with… Continue reading
