A Cyberlaw Preparedness Primer for Businesses
As the dust settles on the legal battle between Apple and the F.B.I., businesses should take note of the many issues related to the privacy and confidentiality of electronically stored information. Though Apple arguably emerged victorious in refusing to create a backdoor for its security measures, the still unknown point of access utilized by the…
Sports Authority Looks to be the Next Big Tenant Chapter 11 Bankruptcy Filing
Sports Authority, Inc. (“Sports Authority”) appears to likely be the next big tenant Chapter 11 bankruptcy filing. Recent reports are indicating that the sporting and apparel chain is preparing to file for Chapter 11 bankruptcy protection, as debt payments are due in 10 days, according news reports from Bloomberg Business and other outlets. Of its 450 stores, Bloomberg reports…
Creative Tax Strategies for Businesses Seminar
Join Rachel Stark, Esq. and Dolores Kelley, Esq. of Stark & Stark and James Bartolomei, CPA and Nicholas Demetrios, CPA of HBK CPAs and Consultants as they present the FREE educational seminar Creative Tax Strategies for Businesses on November 19, 2015 from 8:30 – 10:00am. The event will be held at Greenacres Country Club (2170 Lawrenceville Rd, Lawrencville, NJ…
Amendment to the New Jersey Uniform Commercial Code
The New Jersey Uniform Commercial Code (the “UCC”) was amended, effective May 11, 2015, imposing new requirements on the filing of a financing statement to perfect a security interest in collateral within the scope of Article 9 of the UCC. The amendment provides that in order to be sufficient, a financing statement must state that…
Free Educational Seminar: Keeping it in the Family
Stark & Stark’s Family Law, Business and Estate Planning attorneys will present the FREE educational seminar, Keeping it in the Family: Strategies for Protecting Business Interests and Inherited Assets During a Divorce, on Tuesday, July 14, 2015. The seminar will be held at Stark & Stark’s Lawrenceville, New Jersey office from 12:00-1:00pm. Failing to plan for a divorce can have costly…
On March 17, 2015, the Appellate Division issued an important decision which provides guidance to New Jersey Trial Courts asked to judicially expel a member of a Limited Liability Company. IE Test, LLC v. Kenneth Carroll (App. Div. 2015) N.J.S.A. 42:2B-24(b)(3) permits the expulsion of a member of a New Jersey Limited Liability Company under…
Agents of Liability: Can the Acts of Another Bind a Business?
Whether in time of economic growth or decline, all businesses must be mindful of potential liability. The nature and extent of liabilities has a direct effect on profits, which can hamper business growth and require cutbacks, among other things. Knowing where and how liabilities arise can prevent negative effects on profits, avoid litigation premised on…
Business Court Program Going Statewide in New Jersey
On January 1, 2015, the New Jersey judiciary will expand its Complex Business Litigation Program statewide. The program has been operating in Bergen and Essex counties since 1996. It is designed to handle complex commercial and construction cases with $200,000 or more in damages. New Jersey will join 27 other states with some form of…
Getting Paid when the Hiring Contractor is in Financial Trouble
A major concern any contractor or sub-contractor has when working on a project is being paid for the materials and services that they have provided. When the project is progressing without any financial difficulties, payments are timely issued and the sub-contractor or contractor is paid for all the work that they perform. ….
