Firm Insights

No one would want to complete the process of applying for a patent only to find out that it has already been claimed. There generally are two types of inventors: the individual inventor/small company and the large, corporate research and development (R&D) groups. The good news for the individual inventor is that they can “level […]

Energy & Retail Lead the Way as Business Bankruptcies Increase According to the American Bankruptcy Institute, the distressed state of the energy & retail sectors in the American economy has led to significant increases in business bankruptcy filings. The total number of both business and consumer bankruptcy filings decreased ten percent in April 2016, when […]

Thiessen v Commissioner: A Self-Directed IRA or a Self-Inflicted Wound Recently, myself and another attorney in the firm met with accountants from a well-established practice with several offices. When I inquired about the biggest problems they encountered in tax season, they replied that it was the use of self-directed IRAs to finance business acquisitions. They […]

What Is a Commercial Farm Under the New Jersey Right to Farm Act? Comedian and former Daily Show host Jon Stewart is seeking approval to open a farm sanctuary in Colts Neck. Stewart’s JTS Land Trust recently signed a contract to purchase the historic Hockhockson Farm with plans to build an educational center that would be […]

The Problem with the NFL Concussion Settlement The NFL’s Concussion settlement with former players over the long term effects of concussions has created a stir that The Neurologic Rehabilitation Institute referred to as “a feeding frenzy” among lenders. Close to five years after the initial legal action on concussions began, the NFL reached a settlement […]

What Employee Benefits Must New Jersey Businesses Provide? As most entrepreneurs quickly learn, launching a new business can be both an exciting and daunting adventure. Many new business owners are overwhelmed by the numerous legal obligations that come with running a business, particularly when it comes to employment laws. One of the most common areas of […]

Will the Defend Trade Secrets Act Protect Your Business? Earlier this week, the President signed into law the Defend Trade Secret Acts (DTSA). The federal legislation is good news for Monmouth County businesses because it will give them one more tool to combat intellectual property theft. According to the Director of the U.S. Patent and […]

The Beginning of Mobile Cyber Security Regulation? For the first time, the FTC and FCC have joined forces to visit the domain of mobile device security. Although traditionally occupied by cyber security technicians and their superiors, it doesn’t look like the FTC/FCC will be leaving anytime soon in their campaign to launch mobile cyber security regulation. On Monday, the […]

Are “Nicer” Companies More Profitable? Taking a Look at Corporate Citizenship Consumers, particularly millennials, are increasingly considering whether a company is a good citizen when purchasing goods and services. More importantly, they will often pay more for brands that make corporate ethics a priority, whether that means transgender friendly employee policies or environmentally-conscious packaging. As […]

Cyber Threats on Small Businesses Come from All Angles The Federal Bureau of Investigation (FBI) recently issued several “cyber alerts” that may impact small businesses in Monmouth County and throughout New Jersey. As with all potential threats to data security and privacy, it is essential that businesses stay up to date on emerging risks and […]

A Better Way to Sell Your Business: Part 2 – Structuring the Transaction In Part 1 of this two part article, “A Better Way to Sell Your Business,”we looked at a transaction in which a seller of a going business was retiring, and a young relative or key employee, who lacked sufficient initial funding for a […]

A better way to sell your business part 1: how to buy a company with no money down The story is familiar – a business owner is getting older. He would like to sell the business to which he has devoted so much of his life and retire to a sunny climate while he can […]