Is it time to get out? Better yet, will it be time to get out, maybe next year or the year after? One of the biggest mistakes business owners make when selling their businesses is failing to plan far enough in advance for the sale. If it’s time to get out right now, then you [...]
The Truck Operator Independent Contractor Act
Criminal Penalties for Non-Compliance In an effort for Tobolsky Law to keep our clients and friends abreast of legislative issues which may affect their enterprises, we are providing a legislative alert below: The New Jersey Legislature passed today and sent to the Governor’s desk the Truck Operator Independent Contractor Act, Bill S1450. Read More
How To Construe An Indemnity Clause, With The Rules Or Without Them
How To Construe An Indemnity Clause, With The Rules Or Without Them Sayles v. G&G Hotels, Inc. (App. Div. Jan. 16. 2003) By William H. Tobolsky When a claim comes over the transom in a commercial setting, usually someone rescues a dusty indemnity provision from a filing cabinet a page and a half or more, [...]
Management Succession Planning
Two of the biggest pressure points in the life cycle of a small business are when: The business becomes bigger than its sole proprietor The company’s founder/current leader is ready to retire Many small and medium-sized businesses fail at these milestones. Successfully negotiating the first requires detail-oriented business planning in advance of major growth. Successful [...]
Three Reasons to Hire a Lawyer Before You Sign a Commercial Lease
If you are preparing to lease commercial property, you may be tempted to forego the expense of retaining a commercial real estate transactions attorney, especially if yours is a small or new business and you have multiple priorities vying for financial resources. This is one of those areas, however, in which the old saw, “A [...]
Shakeup in New Jersey Redevelopment Funds Allocation
The New Jersey Economic Opportunity Act of 2013, A-3680 is wending its way through the Statehouse with major bipartisan sponsorship and both rural and urban support. Something for everyone! Guess who pays? The announced purpose of the bill is to increase the benefits associated with the Grow New Jersey Assistance Program to make it “the [...]
Fighting Back Against Injury to Your Business
We’re all familiar with the concept of personal injury. Also known as “torts,” personal injury lawsuits attempt to achieve financial compensation for a person who is physically, emotionally or economically injured by another person. What about when a person or a company does damage to your company? What recourse do you have? “Business tort litigation” [...]
WILLIAM TOBOLSKY JOINS CONSTRUCTION ASSOCIATION BOARD
CHERRY HILL, NJ – April 1 – Tobolsky Law founder and lead attorney William H. Tobolsky, Esq. was recently appointed to the Board of Directors for the Construction Financial Managers Association, South Jersey chapter. With astute legal knowledge, creative ability and skill, Tobolsky has been efficiently assisting clients with complex business and litigation matters for [...]
Religious Holidays and Reasonable Accommodation
Religious Holidays and Reasonable Accommodation: EEOC v Ozarks Electric Via a consent decree entered and approved March 25, 2013, Ozarks Electric, a major electric cooperative in Fayetteville, agreed to pay a $95,000 to a former employee and engage in prospective relief to settle a religious discrimination lawsuit brought by the Equal Employment Opportunity Commission. [...]
