For many years, we’ve heard why it may be a good idea to have a pre-nuptial agreement (“pre-nup”) before getting married, particularly if one or both spouses has significant assets or children from a prior relationship.  Owning and running a business with someone else is a relationship that can be as emotional and complicated as any marriage.  Having an agreement with your business partner, a “business pre-nup”, is even more essential than a marital pre-nup, even if (maybe especially if) your business partner is your spouse or another family member. Read the rest of this entry »

Many businesses have "noncompete" agreements with key employees to prevent those employees from working for competitors and taking the employer's customers for a period of time after the employee's employment ends. A recent unpublished New Jersey court decision shows how important it is to pay attention to how these noncompete agreements are worded. Read the rest of this entry »

The attorney review process begins after terms are agreed upon in a given contract. Many Buyers and Sellers may not be familiar with various areas of the real estate process. Read the rest of this entry »