Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: April 13, 2020
The Firm
201-896-4100 info@sh-law.comYou don’t always need a binding contract to win a business lawsuit. In some cases, New Jersey courts will impose liability even though some of the essential elements of a contract are missing. These equitable remedies are based on “fairness,” and they are intended to redress the wrong suffered from the breaching party’s actions when traditional legal remedies are not available.

To start, it is always advisable to have a written contract that details the contract rights and remedies that are available if one party fails to perform. Under New Jersey contract law, the following elements are required to form a binding contract:
Of course, we don’t live in a perfect world, and business deals sometimes fall short of satisfying the above requirements. The good news is that you can often still file a New Jersey lawsuit to enforce the contract.
For instance, a contract may still be enforced even if there are missing terms. If essential terms are either agreed upon or may be inferred from conduct or context, a court can still enforce a contract even if there are missing non-essential terms In such cases, the court will often imply a term when the parties fail to do so. Additionally, the court may imply a term if it’s necessary to give a contract a reasonable construction. For instance, if a contract does not state its duration, the court may imply that the contract is to be performed or continue for a reasonable time, which may be determined based on the type of contract that it is, the past dealings of the parties, etc.
New Jersey also recognizes several equitable remedies that can be used to enforce an otherwise unenforceable contract. Below are the most common examples:
In order to convince a New Jersey court to order one of the above equitable remedies, you will need to provide evidence. In order to convince a New Jersey court to order one of the above equitable remedies, you will need to provide evidence. So, when there is no written contract, you will need documentation to back up your claims, such as email correspondence, written documents, invoices, or witness testimony.
If you have any questions or if you would like to discuss the matter further, please contact me, Peter Yarem, or the Scarinci Hollenbeck attorney with whom you work, at 201-896-4100.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

On January 28, 2026, staff of the U.S. Securities and Exchange Commission’s Divisions of Corporation Finance, Investment Management, and Trading and Markets issued a joint statement clarifying how existing federal securities laws apply to tokenized securities. The SEC’s “Statement on Tokenized Securities” does not establish new law, but it does provide greater clarity on the […]
Author: Dan Brecher

Operating a business in the New Jersey and New York City metropolitan region offers incredible opportunities, but it also requires navigating a dense and highly regulated legal environment. From entity formation to regulatory compliance, seemingly minor legal oversights can expose business owners to significant risk. In our work with businesses throughout the region, our attorneys […]
Author: Dan Brecher

High-profile founder litigation is more than just a media spectacle. For startup founders, these cases underscore the legal and structural risks that can arise when rapid growth outpaces formal oversight. While launching a new company can be both an exciting and deeply rewarding endeavor, founders must be mindful that it also comes with significant risks. […]
Author: Dan Brecher

Every New Jersey company should periodically evaluate its governance framework. Strong corporate governance protects directors and officers, builds investor confidence, reduces litigation exposure, and positions a company for sustainable growth. The first quarter of the year is a great time to evaluate your corporate governance practices and perform any routine maintenance needed to keep that […]
Author: Ken Hollenbeck

Being served with a lawsuit is one of the most stressful legal events a business or individual can face. Whether the claim involves a contract dispute, an employment matter, an intellectual property issue, or another legal challenge, the actions you take in the first few days can significantly shape the outcome of your case. Acting […]
Author: Robert E. Levy

Special Purpose Acquisition Companies (SPACs) continue to gain momentum as we move through 2026. After enduring a significant contraction following the 2021 boom and the regulatory scrutiny that followed, SPAC activity rebounded sharply in 2025 and now carries forward into 2026 with real momentum. The SPAC resurgence reflects broader improvements in both market conditions and the […]
Author: Dan Brecher
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!