Sometimes, a company will reach a deal to purchase another company. Recently, a rather large acquisition has been announced.
The acquisition is being made by Yahoo. The internet company is acquiring the blogging/social media platform Tumblr. Reportedly, the amount Yahoo will pay to purchase Tumblr is $1.1 billion.
One type of agreement that businesses sometimes form with each other are franchise agreements. Occasionally, disputes arise between a franchisor and a franchisee. One thing such disputes sometimes arise in connection to is whether or not the terms of a franchise agreement were met. This can be seen in a case that has recently come up in New Jersey.
The case involves an auto dealership in Lumberton, New Jersey. In 2007, the auto dealership formed a franchise agreement with Chrysler in which it became a franchisee of Chrysler.
For many New Jersey business owners, they have likely noticed that the commercial real estate market has remained pretty stagnant for the last several years. This could be good news for people starting a business, because it means there could be a lot of affordable real estate out there.
One commercial real estate expert said that a "healthy" market for commercial real estate would mean an office vacancy rate of about 10 percent. But most of New Jersey has been in the 17- to 19-percent range for about the last decade.
Sometimes, a business will end up in zoning board proceedings in regards to a property it holds. Zoning board proceedings can involve a wide variety of things (some examples include site plan applications and variance requests). What ultimately happens in zoning board proceedings can be very impactful.
Recently, a zoning board in the northern New Jersey township of Millburn made a decision in a proceeding that involved a proposal submitted by a company.
There are many different types of entities businesses form contracts with. One type of entity businesses sometimes reach contracts with are government agencies. Sometimes, a government agency will accuse a business of having breached a contract the agency and the business formed. Such contract disputes can be very complicated and how they are ultimately resolved can have many effects on the business involved.
Recently, a settlement was reached in a contract dispute case in New Jersey. The case involved a large wealth management and investment banking services company and a New Jersey state agency.
Trends that are occurring in a commercial real estate market can have major impacts on prospective buyers and prospective sellers in the market. Thus, keeping an eye on such trends can be very important.
Recently, northjersey.com reported on a commercial real estate trend that has arisen in northern New Jersey and other areas of the United States. The trend is an increase in medical service providers setting up offices, etc. in retail areas, such as shopping malls.
One thing that can have significant impacts on a property's attractiveness to a business is what zoning the property is under. What zoning a property is under dictates what uses can and cannot be done on the property.
Sometimes, a municipality will make changes to a property's zoning. There are many reasons that can be behind a municipality's decision to change the zoning of a property. One reason that can be behind such a change is a desire to draw certain types of businesses to a property.
It is very important for publicly traded companies to act properly when it comes to public disclosures. A company's public disclosures can play a major role in an investor's decision of whether or not to invest in shares of the company. When a company makes false statements in its public disclosures or fails to disclose information it is supposed to, it can cause great harm to investors.
Alleged improper disclosure-related conduct by a company sometimes leads to shareholders bringing lawsuits against the company. How such lawsuits are ultimately resolved can have significant impacts on all of the parties involved.
There are many different types of transactions businesses engage in. One type of transaction businesses sometimes engage in are acquisition transactions (transactions in which one business acquires another). There are many different reasons that can be behind the decision of a business to engage in such a transaction. Many complicated, important and impactful issues can arise in connection to an acquisition transaction.
Recently, an article on Variety's website reported on an acquisition transaction that has occurred. The transaction involved two TV production companies: Leftfield Pictures and Sirens Media. Included among Leftfield Pictures' production credits are the shows "Pawn Stars" and "Swamp'd." One of the shows Sirens Media's production credits include is "Real Housewives of New Jersey."
A company's trade secrets can be very valuable and can be an essential component of a company's business operations. Thus, protection of one's trade secrets can be very important for a company. One thing companies sometimes do to help protect their trade secrets is to have employees sign non-disclosure agreements when they are hired on. Such agreements generally involve the employee agreeing to not disclose certain information/technologies/processes the company has to other companies.
When an employee breaches such an agreement, one step companies sometimes take is to bring a lawsuit against the employee.
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Albert Buzzetti & Associates,
L.L.C. Attorneys at Law
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Toll Free: 866.237.8202
Fax : 201-816-3644
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