April 2019 Archives | Bergen County, New Jersey, Law Blog
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April 2019 Archives

When Business Owners Divorce, Who Gets Paid?

If money was a person, how would you describe your relationship? Is friendly, or marked with tension and anxiety? In family law, we deal with that connection constantly, as we discuss alimony, child support, equitable distribution of assets and debts. Every family has its own method of managing assets, debts, expenses. When spouses divorce, it frequently comes to light that they had dramatically different ideas about money. Money might have caused strife, even if there was plenty to go around. Discussions about dividing assets and debts, and making appropriate arrangements for the support of the whole family, forces husbands and wives, mothers and fathers, to consider how they have acquired, spent and saved their money, and how they think they should be entitled to spend or save it in the future.

Would more lives have been saved if 55 survived?

As an oil crisis gripped the United States in the early seventies, leaders in the nation’s capital were looking for answers to a growing energy problem. Proposed solutions included a ban on ornamental lighting on cars and Sunday gas sales. Discussions began to hone in on lowering the national speed limit. Initial talks focused on the 40 to 55 miles per hour range.

What if someone doesn't hold up their end of the contract?

When you are in business, there are likely multiple people you contract with on a regular basis.  Whether your contracts constitute a vendor or supplier agreement, involve an arrangement with independent contractors or serve as non-disclosure agreements, your contracts serve to protect you and your concepts through the terms you establish.

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