Engaging a reputable title company to assist with due diligence is one of the key components of any commercial real estate transaction.
The unauthorized use of “dirty dirt” as fill in sites across New Jersey has long been an issue facing municipalities. In October 2019, DEP launched the "Guard Your Backyard" initiative specifically aimed at curbing the dumping of tainted fill in New Jersey communities.
Capital raising is the sine qua non of small and medium-sized enterprises (SMEs). Few SMEs, however, have the inclination to register the sale of their securities with the Securities and Exchange Commission given the high costs and extensive regulatory requirements.
Multi-national companies often maintain a team of in-house attorneys to keep abreast of changes in the law and take appropriate actions to protect the best interest of the company. On the other hand, small to mid-sized businesses choose to spare the resources as an in-house legal department can be expensive.
In a prior blog post we examined recent changes to New Jersey Site Remediation Reform Act ("SRRA") stemming from the passage of Assembly Bill A-5293. This new law, colloquially known as "SRRA 2.0," makes a few important changes to New Jersey's site remediation laws that may impact clients involved in purchase-and-sale or other property transfer transactions.
Last month, the Appellate Division determined that provisions in a teachers' union contract that allowed two teachers to collect their full pay and benefits for days when they did not teach but instead performed union duties were unenforceable.
In Part I of this series, we examined what Tax Sale Certificates ("TSC") were and how they are acquired in New Jersey. In this Part II, we will explore what a holder of a TSC can do to maintain priority lien position on the property as well as how it can acquire title to the property in question.
The U.S. Department of Labor announced today a final rule that updates the FLSA overtime regulations. The rule updates the earnings thresholds necessary to exempt executive, administrative, or professional employees from the FLSA's minimum wage and overtime pay requirements.
Entrepreneurs have a myriad of options for raising capital for their early-stage businesses including bootstrapping, crowdfunding, issuance of common stock, and issuance of convertible notes.
Businesses often require additional capital to start, grow, or manage business operations. To satisfy this need, businesses can pursue a variety of financing options.