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Guest Blog

Sole Business Owners and Catastrophic Illness: What Happens if I Become Disabled and Cannot Run My Business?

November 8, 2024
sick

Written by: Norman D. Kallen Partner ​Brown Moskowitz & Kallen, P.C. The COVID-19 pandemic brought to light a critical issue for which all small business owners should always have contingency plans: what should a sole business owner do to maintain business continuity in the event the owner becomes ill or otherwise disabled? Sole proprietors, sole members of LLCs, sole shareholders of a corporation, self-employed individuals and independent contractors often are the only persons in their businesses authorized to conduct certain aspects of business activities on behalf of their entity or themselves. For example, these individuals may have sole authority to handle…

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Employers, Are You Prepared for Cold and Flu Season Absences?

October 18, 2024
CIANJ event

Written By: Ashley Whitney Associate, Employment Law awhitney@csglaw.com | Bio With cold and flu season around the corner, New Jersey employers need to be prepared for the inevitable uptick in employee absences. Employers should make sure to have policies in place that will help effectively and legally manage employee illnesses. While examining their policies, employers may be asking: How much paid sick leave are employers required to give employees? Can employees work from home instead of using a sick day? Do employers have to offer the same remote work opportunities to all employees? Is COVID-19 still a workplace concern? How…

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The Importance of Due Diligence in Large and Small Merger and Acquisition Transactions

October 11, 2024
CIANJ event

Written By: Justin Escher Alpert Senior Counsel Brown Moskowitz & Kallen, P.C. Due diligence is an art. It is a coordinated dance between skilled practitioners in creatively bringing Mergers and Acquisitions transactions together. In a large public transaction, bankers and lawyers on each side will throw dozens of young associates on a project to develop disclosure schedules that are cross-checked over-and-over again. Money is no object in a $50 billion dollar transaction, but peel it back by several orders of magnitude, and whether your transaction is worth $500,000, $5 million, or $50 million, the due diligence process is still vitally…

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E-Verify: Essential Information for Manufacturers

September 27, 2024
passports

Written By: David H. Nachman, Esq. Ludka Zimovcak, Esq. Snehal Batra, Esq. Samantha Oberstein, Esq. Nachman, Phulwani, Zimovcak (NPZ) Law Group, P.C. Many U.S. employers, particularly in manufacturing, have likely heard of E-Verify. But what exactly is it, and do you need to use it for your business? Let’s break down what E-Verify is and how it could impact manufacturers. What Is E-Verify? E-Verify is an internet-based system, managed by U.S. Citizenship and Immigration Services (USCIS) in partnership with the Social Security Administration. It helps employers verify that their newly hired employees are legally authorized to work in the U.S.…

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How Could a New White House Administration Impact the Sale of My Business?

September 20, 2024
gov building

Written By: Dave Patterson A Neumann & Associates, LLC “Let’s Wait and See” is never a good strategy in business. Maintaining market awareness, preparing needed changes, and implementing them proactively creates momentum and distinguishes market leaders from the pack. Those who are resistant to change and growing their business place their future at risk. The same is true for owners ready to sell their business. Understanding current Fair Market Value is critical to moving forward with confidence. In our July 2024 blog, Achim Neumann highlighted factors driving uncertainty for business owners on when to sell their business. If you missed…

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Understanding Force Majeure Clauses in Business Contracts

September 13, 2024
signing doc

Written By: Stuart M. Brown Partner Norman D. Kallen Partner Brown Moskowitz & Kallen, P.C. How should a business respond when it or its counterparty cannot fulfill obligations under an existing agreement or when entering into a new business relationship? There are myriad practical and legal answers to the question. Here, the focus is the application of the concept of force majeure in the context of contractual business relationships. ​ The term “force majeure” literally means “superior force.” It is a common clause in contracts that can be used to release or excuse a party to the contract from performance…

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Each week, we feature a guest blog from one of our members on an issue that's important to business. Want to write for CIANJ? E-mail arusso@cianj.org to get your organization published here.

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