A business tort is the legal term for a wrongful action against your company, whether the action in question resulted from reckless, negligence or intention. Although most business torts are only civil offenses, you may be able to seek legal damages if financial loss occurred. Explore the types of business torts and learn about next …
If you are a worker in New Jersey, then it is smart to make sure you understand the employment laws in the state. Every state is different, so you may find out something that you had no idea about because it is unique to the state. One such law in this state is earned sick …
According to the U.S. Department of Labor, the Worker Adjustment and Retraining Notification Act requires employers who employ 100 or more workers to provide a 60-day written notice of impending mass layoffs and plant closings. Per WARN, this requirement goes into effect when the layoff or closing will affect at least 50 individuals who work at a …
When most people think of agile businesses adopting tech, banks rarely come to mind. For centuries, taking 90 days and more to process applications and submit approvals or denials were considered normal. Much of the application was also manual and paper-based, compelling customers to go into their local branches. The growth of online banks changed …
New Jersey real estate agents have a variety of contractual obligations to their clients. Beyond their clients, the Consumer Fraud Act can impact their advertising and sales. There is much confusion around how the CFA applies to real estate. The NJ Consumer Affairs department outlines the specifics of the act. For example, section 56:8-2 discusses …
When New Jersey business owners create a contract, all parties hold responsibilities. If one party does not uphold theirs, this is a breach of contract. When this occurs, relief (“remedy”) is due to the party or parties that did not breach contract. There are three primary types of remedy for a breach of contract. They …
All industries have regulations and labor laws that employers have to follow. The construction industry is no different. In fact, health and safety issues can sometimes be a point of dispute between contractors or employees and employers. Health and safety should be a priority on a construction site. Construction can be one of the most …
For New Jersey business owners like you, business succession plans are important. You may think that it is “too soon” to come up with one. But this is a key component of a healthy business at any point in its life cycle. Today we will discuss important factors to understand about business succession planning. Business …
When contractors put in bids on a construction project, they likely have already done their due diligence regarding factors that may affect their scope of work. However, it may not be enough to visit the site; meet with owners, engineers and other people on the project team; and investigate surveys, reports and other site information. …
