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Business Law

Mar 19, 2019

To B or Not to B? How B-Corporation Status Can Work for You

About two years ago, we posted a short series of articles discussing New Jersey’s “Benefit Corporation” statute (N.J.S.A. 14A:18-1, et. seq.). See PART I and PART II. Although it was enacted in 2011, we still have not seen much interest in Benefit Corporations (or “B‑corps”), particularly in New Jersey.» Read More

Mar 12, 2019

Guard Your Data Wisely: How Four Letters Are Changing Everything in Tech

Does your small to mid-size enterprise or start-up company handle the personal information of European Union (“EU”) citizens? Do you have plans to expand your business to handle a wider range of customer personal information in the future? Listen up, because missteps in complying with data privacy laws have huge consequences.» Read More

Dec 11, 2018

The Expanding Scope of the Committee on Foreign Investment in the United States

In 1975, President Gerald Ford, by Executive Order, created an interagency committee, the Committee on Foreign Investments in the United States (“CFIUS”), to review national security implications of investments by foreigners in U.S. businesses.  CFIUS is chaired by the Secretary of the Treasury.» Read More

Sep 21, 2018

Non-Disclosure Agreements

Whether you are selling your business, bringing on an investor, hiring an outsourcing provider, or making some other commercial arrangement, you must think about protecting your business’ confidential information. One way to do this is with a non-disclosure agreement (NDA). Before you speak with someone outside of your company about a possible business relationship, having them sign an NDA will help prevent them from disclosing or using your information, while also permitting you to speak freely with them.» Read More

Sep 04, 2018

To Do Due Diligence: It’s Not Just for Mergers & Acquisitions

Legal due diligence is most often discussed in the context of merger and acquisition transactions.  This makes sense; when a person or business seeks to purchase another business entity, it is prudent to know exactly what is being purchased.  However, due diligence is often overlooked in other, less obvious, contexts.» Read More

Aug 22, 2018

Texting Remains a Powerful but Perilous Marketing Tool

Hardly a week goes by without news of yet another company being tripped up by the provisions of the Telephone Consumer Protection Act, or TCPA.  For many years, the eye-popping damage awards and settlements were in the context of “junk faxing,” i.e., fax blasts of advertisements that failed to comply with the Junk Fax Prevention Act, an amendment to the TCPA passed in 2005, and the related rules adopted the following year by the Federal Communications Commission.» Read More

Aug 09, 2018

Mirror, Mirror on the Wall – Am I a Franchise After All?

Are you operating a franchise system without realizing it? Are you licensing to others the right to use your trademark for a fee? Under both federal and some state laws, such a business relationship may be construed as a franchise regardless of whether parties intended to create one.» Read More

Aug 03, 2018

Tax and Jobs Act . . . There Should Have Been an Add-On “Except for Charities”

While there may have been significant tax deductions and tax reductions for the for-profit world and specific industries, the nonprofit world has been substantially hindered by the new Tax and Jobs Act enacted on December 22, 2017.» Read More

Jul 31, 2018

Limited Liability Companies: Important Considerations to Make from Beginning (Part 2)

In my first post for the Biz Law Blog, I discussed the benefits of choosing a Limited Liability Company (“LLC”) as the entity for your business.  In this post, I will discuss some important considerations for you when starting your business.» Read More