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Business Divorce in NJ

Shareholder Disputes in New Jersey

A blog covering shareholder dispute law and litigation issues in New Jersey.

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Nov 23, 2020

If Your Partner Won’t Give You (Accurate) Information, Subpoena the Accountant

The key to winning a shareholder oppression case can sometimes be as simple as getting the information you need; and the key to that can sometimes be a reluctant accountant. Often, the company’s accountant will have the key to the case because he or she knows “where the bodies are buried.” » Read More

Oct 21, 2020

Pushing for the Documents You Need May Be Costly, but Not Pushing May Cost More

No one wants a trial, especially in business divorce litigation. Trials can be messy, expensive, and have a debilitating impact on the company. For example, a valuable CFO caught between warring factions of owners is a prime candidate to start circulating her resume. » Read More

Sep 29, 2020

What to Do When Your Business Partner Keeps Freezing You Out of COVID Zoom Meetings

As the never-ending pandemic slogs along, many businesses have re-opened, some are still closed, and a significant number are still having many of their employees work remotely, at least wherever possible. This remote, “in-between” existence obviously poses several challenges for companies and employees alike. » Read More

Jun 03, 2020

Majority Shareholder Threats May Backfire

If you are having an ongoing issue with your business partner and you attempted to discuss it, how did he react when you started raising concerns about the manner in which he was running the company? If he is like many entrenched majority owners who have let their power and authority go to their heads, his initial reaction was a threat. » Read More

Apr 30, 2020

Don’t Let Your Business Partner Use the COVID-19 Pandemic to Hide Misconduct

Many business owners reading this article are facing a severe COVID-19-related economic downturn and simply struggling for survival. However, this does not describe all businesses. Some have been, and remain, closed completely. Some are better able to adapt to a remote environment than others, and some may even thrive in this environment. » Read More

Mar 27, 2020

While Filing a Shareholder Oppression Claim Might Be the Last Thing on Your Mind Right Now Due to the COVID-19 Virus, Waiting to File Could Potentially Prejudice Your Valuation

The world has changed. The COVID-19 virus is impacting everything and everyone, and certainly only the most fortunate of businesses will not be adversely impacted. If you as a business owner have reason to believe that you are an oppressed minority shareholder with the right to file suit against your fellow shareholder(s), it is easy to conclude that you perhaps should hold off on filing that shareholder oppression claim, at least until some semblance of normalcy has been restored. » Read More

Feb 25, 2020

Hidden Competition: A Common Form of Oppression

If you are a passive investor in a closely-held business, there are many things from which you need to protect yourself. In New Jersey, these can include excessive salaries and bonuses, personal expenses being run through the company, cash transactions never making their way onto the books, and relatives on the payroll in no-show jobs. » Read More