by kladmin | Aug 19, 2020 | Business, COVID-19
If you own a business, whether a franchisor, a franchisee or an independent owner, you have likely dusted-off your business owner’s policy (BOP) to review the terms related, or seemingly related, to the viability of a claim due to the economic impact of the COVID -19...
by kladmin | Apr 9, 2020 | Business, Franchise, Real Estate
All business people are looking to their liability exposure during this period of national emergency caused by the COVID-19 pandemic. When reviewing your contracts (be they leases, franchise agreements, etc.), look for a force majeure clause. This is the term which...
by Kevin Kilcommons | Sep 4, 2014 | Business, Franchise
Business Owners and the New Jersey Franchise Practices Act Business owners do not usually consider that a deal with another company may fall under the New Jersey Franchise Practices Act (NJFPA), because the relationship does not have a written agreement clearly...
by Kevin Kilcommons | Apr 15, 2013 | Business
In November 2012, the New Jersey Legislature enacted what is referred to as a “second generation” LLC statute, known formally as the Revised Uniform Limited Liability Act (“RULLA”). The Act affects all new LLCs created as of March 18, 2013, and will thereafter apply...
by Kevin Kilcommons | Jan 30, 2013 | Business, Litigation
Arbitration is a form of alternative dispute resolution (ADR), which has gained wide-acceptance in the business world as a means of resolving disputes. Is this method right for your business and should it be addressed in your contracts? The purpose of the clause is to...
by Kevin Kilcommons | Nov 15, 2012 | Business, Litigation
Arbitration is a form of alternative dispute resolution (ADR), which has gained wide-acceptance in the business world as a means of resolving disputes. Is this method right for your business and should it be addressed in your contracts? The purpose of the clause is to...
