In a seismic move, the Federal Trade Commission (FTC) sent shockwaves through the business community with its January 2023 announcement of a proposed rule that, if adopted, would dramatically reshape the landscape of non-compete agreements nationwide. The FTC proposal to ban non-compete agreements nationwide marks a significant departure from the current realm of restrictive covenants in most states, including New Jersey. According to the U.S. … [Read more...] about FTC Proposal to Ban Non-Compete Agreements Nation-Wide
Business Law
SPG Successfully Recovers Six (6)-Figure Payment in Additional Loss of Business Income Insurance for New Jersey Automobile Dealership
Kieran M. Dowling, of Schiller, Pittenger & Galvin, P.C. and the Auto Dealership Law Team successfully represented a Union County Automobile Dealership to recover unpaid loss of business income insurance under its policy. The dealership’s parts and services department had suffered a devastating fire, and the dealership filed an insurance claim to recoup the lost business income during the rebuild. The dealership’s insurance company, … [Read more...] about SPG Successfully Recovers Six (6)-Figure Payment in Additional Loss of Business Income Insurance for New Jersey Automobile Dealership
New Jersey Commercial Property Insurance and Appraisal Clauses: What You Need to Know
An important aspect of commercial property insurance that is often overlooked is the appraisal clause. Although it may seem complicated, business owners who have filed property damage or loss of business income claim with their insurance carriers need to understand New Jersey commercial property insurance and appraisal clauses. Appraisal Clause Explained New Jersey commercial property insurance policies can have an "appraisal" clause to … [Read more...] about New Jersey Commercial Property Insurance and Appraisal Clauses: What You Need to Know
Supreme Court Declines to Clarify the Attorney-Client Privilege in Business Communications
In October 2022, the U.S. Supreme Court agreed to hear In Re Grand Jury, 13 F.4th 710 (9th Cir. 2021), from the Ninth Circuit Court of Appeals. The case dealt with the standards federal courts should use to determine what types of information exchanged between a lawyer and a business client are privileged and thus protected from disclosure during litigation. In the case, the Ninth Circuit ruled in 2021 that a law firm must turn over requested … [Read more...] about Supreme Court Declines to Clarify the Attorney-Client Privilege in Business Communications
New Jersey Businesses – Be Alert!
Below are brief articles regarding two consumer protection laws all business owners should know: The Magnuson-Moss Warranty Act and The New Jersey Truth in Consumer Contract Warranty and Notice Act Magnuson-Moss Warranty Act If you are an auto dealer in New Jersey, you may have encountered cases involving the Magnuson-Moss Warranty Act (MMWA; 15 U.S.C. § 2301 et seq.). This federal law, passed in 1975, governs warranties on consumer products … [Read more...] about New Jersey Businesses – Be Alert!
Supreme Court Declines to Clarify the Attorney-Client Privilege in Business Communications
In October 2022, the U.S. Supreme Court agreed to hear In Re Grand Jury, 13 F.4th 710 (9th Cir. 2021), from the Ninth Circuit Court of Appeals. The case dealt with the standards federal courts should use to determine what types of information exchanged between a lawyer and a business client are privileged and thus protected from disclosure during litigation. In the case, the Ninth Circuit ruled in 2021 that a law firm must turn over requested … [Read more...] about Supreme Court Declines to Clarify the Attorney-Client Privilege in Business Communications