Considering the decision to buy out a business partner is a significant step that requires careful consideration and strategic planning. Understanding the complexities involved in such transactions is critical for business owners navigating this process in New Jersey. Legal representation is always recommended. Calculating Buying Out a Business Partner Determining the value of a [...]
By Scott P. Borsack, Esq. & Max H. Steinberg, Esq. We live in an ever more connected world which seems to get smaller each day. Financial transactions move at near the speed of light. Criminals and bad actors can pervert the tools and techniques developed to assist legitimate businesses to facilitate commerce to advance [...]
At Szaferman Lakind, we often receive inquiries about non-compete agreements in New Jersey. Such agreements have garnered much attention in recent years, both at the state and national levels. This article aims to shed light on some of the most frequently asked questions about non-compete agreements in New Jersey, as well as recent developments [...]
In the complex realm of business law, disputes and conflicts can arise unexpectedly, posing significant challenges to the smooth operation and growth of a company. When faced with such conflicts, it becomes crucial to find effective methods for resolution. One avenue that has gained prominence is business mediation, offering a valuable perspective and serving as [...]
An Article By: Scott P. Borsack Pending in the New Jersey Legislature is a bill that would severely restrict the ability of employers to use so-called restrictive covenants or post-employment restrictions for their employees, and this serves to limit potential future employment. Lest you think this is a shot in the dark, more than [...]
Turn on the television, radio or go on the internet and you will see and hear various advertisements for betting on countless sporting events allowed by a growing number of states throughout the country. With increased betting comes increased problems for betters who can become reckless and addicted to placing bets on their favorite [...]
By: Dan Sweetser On November 8, 2021, Judge Michael Erdos of the Philadelphia Court of Common Pleas entered a verdict in favor of a New Jersey law firm represented by Partner Dan Sweetser. The complaint alleged that Dan’s client breached a contract with the Plaintiff relating to a business transaction and claimed $160,000 in [...]
By: Bruce Sattin Many small business owners only have experience in applying for a home mortgage or car loan. Business loans are quite different, and the process in applying and obtaining approval requires much preparation. Banks have separate divisions that process and approve business loans, and the loan officers that handle business loans usually [...]
By: Dan Sweetser On May 13, 2021, Judge Kenneth Chu of the National Labor Relations Board (“NLRB”) Division of Judges entered a verdict in favor of a large medical testing company represented by Partner Dan Sweetser. The complaint alleged that Dan’s client discharged a former employee in retaliation for soliciting co-workers to join a [...]
By: Dan SweetserAs many employers begin calling their employees back to the workplace, there are questions surrounding vaccination requirements. The New Jersey Department of Labor (NJDOL) declared that New Jersey employers can require employees to get the COVID-19 vaccine in order to work, unless the employee cannot get the vaccine because of (1) a disability, (2) their [...]
