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New Jersey Business Law Questions & Answers
1 Answer | Asked in Contracts and Business Law for New Jersey on
Q: How to keep everything legal with starting a YouTube channel

Me and three friends want to start a YouTube channel and I have quite a bit of success on social media on my own so if this channel takes off and goes well all four of us want ownership. I basically don’t want one party to takeoff with the channel and leave us all behind how do I make a contract... View More

Leonard R. Boyer
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answered on Mar 20, 2023

In order to accomplish what you are seeking, my firm provides all the services that you need. We set up the correct corporate entities that will protect your business from legal problems and contracts. In order to protect your business from being "stolen" from you, your intellectual... View More

2 Answers | Asked in Business Law and Contracts for New Jersey on
Q: Non Disclosure Agreements The accountant of 2 individuals interested in buying my business requested my financials.

Do I ask the accountant to sign the NDA also or just the potential buyers?

Thank you.

Jacob Rheaume
Jacob Rheaume
answered on Mar 9, 2023

First off, congratulations on the interest in your business.

It will depend on how the NDA is drafted. Typically, an NDA will contain language such as:

"The Receiving Party, including its agents, employees, representatives, members (collectively, the "Receiving...
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1 Answer | Asked in Banking, Business Formation, Business Law and Contracts for New Jersey on
Q: What documents need to be signed when adding a new Shareholder into a S corporation in New Jersey?

For Example, Currently:

Shareholder 1 owns 51% - President

Shareholder 2 owners 49% - Vice President

The New breakdown will be

Shareholder 1 owns 51% - President

Shareholder 2 owns 24.5% - Vice President

Shareholder 3 owns - 24.5% - Treasurer... View More

Morris Leo Greb
Morris Leo Greb
answered on Feb 20, 2023

The corporate record book should be updated and kept current showing shareholders' interest, number of share held, transfer information, purchases, and dates of such activity.

3 Answers | Asked in Contracts and Business Law for New Jersey on
Q: Agreement with client to pay for service provided in 30 days. Payment not yet received.

Payment is referral fee for candidate. Guarantee period is also over. Candidate and client agreed on remote, relocation plan. But now client is holding our payment as candidate has not yet relocated.

There is written agreement between both parties. Agreement states that it will govern and... View More

Leonard R. Boyer
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answered on Jan 22, 2023

This is not something that can be answered without a document review. That is also the same reason a price for what it will cost cannot be provided. However, this will probably exceed the time and work that most attorneys will offer in a free consultation. So you should expect to pay for about an... View More

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1 Answer | Asked in Contracts and Business Law for New Jersey on
Q: Agreement with client to pay for service provided in 30 days. Payment not yet received.

Payment is referral fee for candidate. Guarantee period is also over. Candidate and client agreed on remote, relocation plan. But now client is holding our payment as candidate has not yet relocated.

There is written agreement between both parties. Agreement states that it will governed and... View More

Morris Leo Greb
Morris Leo Greb
answered on Jan 20, 2023

The question as posed omits much important information. This includes whether or not there was a written agreement, whether or not one party is a licensed professional, whether or not the agreement was negotiated in NJ, and other issues that may become relevant.

2 Answers | Asked in Business Law and Contracts for New Jersey on
Q: Can a client tell you not to do work after he signed a contract?
Morris Leo Greb
Morris Leo Greb
answered on Jan 11, 2023

Yes, provided there is no noncancellation clause in the contract. However, the client will be responsible to pay for work done to date you received the cancellation notice which should be in writing . Additionally the client shall be responsible for reimbursement for actual expenses incurred.

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1 Answer | Asked in Business Law, International Law and Internet Law for New Jersey on
Q: We got an email from who we thought was our Singapore supplier asking for payment. Payment was sent and goods received.

Our thread of emails between us and our supplier was somehow intercepted. Over email the person told us the bank information had changed. We sent the wire to the account that was advised. We got the goods. Whoever hacked my suppliers email cut the email communication between us off since they... View More

David Luther Woodward
David Luther Woodward
answered on Dec 28, 2022

You have fallen victim to one of the pitfalls of email versus telephone.

Your problem is more complex than can be answered here. You need to contact a good International Lawyer, either in your city, or NYC if you are close. Your facts are "too skinny" for someone on a question...
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2 Answers | Asked in Consumer Law, Contracts, Business Law and Civil Litigation for New Jersey on
Q: How do I file a counter claim in Monmouth County NJ in small claims court? I'm unable to locate the correct form.

I'm a defendant in a small claims case (New Jersey - $3,000) with a plumber. I want to file a counter claim contesting the original issue, but also file a claim for separate issues for a higher $$ value of approximately $6,000. These additional issues include violations to the New Jersey... View More

Morris Leo Greb
Morris Leo Greb
answered on Dec 26, 2022

It would be a better practice if you retained the services of an attorney. If you were to be successful in your counterclaim for consumer fraud violation, you will awarded attorney's fees.

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1 Answer | Asked in Business Law and Real Estate Law for New Jersey on
Q: What is selling asses on a transfer a 1031 exchange can I take a portion of the capital gains profit and use it.
Morris Leo Greb
Morris Leo Greb
answered on Dec 20, 2022

Speak to a CPA for an analysis of the tax implications of your question.

2 Answers | Asked in Banking, Business Formation and Business Law for New Jersey on
Q: How do you start a business?
Samuil Buschkin
Samuil Buschkin
answered on Nov 8, 2022

There is a lot that goes into asking and answering this question. The legal aspects are probably secondary to business planning. Before you need an attorney you need to have a clear idea, a business plan, sufficient funding, and the right personal environment to launch a business.

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1 Answer | Asked in Divorce, Family Law, Business Law and Civil Litigation for New Jersey on
Q: Can I reopen a post judgment divorce and represent myself? I believe that I can but, what if any are the consequence's?

A few weeks ago I posted here regarding reopening my divorce post judgement due to fraud. I indicated that I do not have the funds to hire an attorney and was seeking help pro bono. I realize the cost associated with the complexity of this case, and I am willing to help in any way that I can to... View More

Leonard R. Boyer
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answered on Oct 25, 2022

Trying to represent yourself in a divorce or post-divorce matter is unwise since you are emotionally involved and not a trained attorney. There has to be a valid reason for reopening a divorce. This is going to be an expensive case and a hard burden to meet. People want to litigate very often,... View More

1 Answer | Asked in Business Law for New Jersey on
Q: My tree farm/lake club needs to vote by email. How do we change the by-laws?
Morris Leo Greb
Morris Leo Greb
answered on Aug 19, 2022

First check the organic documents of the organization. See whether the documents set forth the methods of voting. If none, have the board of directors at a regular scheduled board meeting vote o a proposal to change the organic documents to permit voting by email. Request the members to send in... View More

1 Answer | Asked in Business Law for New Jersey on
Q: My business is an LLC. I have a client suing me (Consumer Fraud Act, N.J.S.A. 56:8-1 et seq.)

Can they go after me personally?

Second question, what happens if I close down my LLC Business?

Leonard R. Boyer
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answered on Jul 29, 2022

Closing down your business will not help you. Unless you have a 3 member LLC, the person suing you will be able to pierce the corporate veil and go after you personally. You need to retain an experienced civil litigation attorney. With modern technology, you can be represented by any high-quality... View More

1 Answer | Asked in Employment Law, Business Law and Employment Discrimination for New Jersey on
Q: My wage was been finished at my previous job. I resigned six months ago and now I'm returning. Will the gunisbment suev
Leonard R. Boyer
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answered on Jul 17, 2022

The garnishment will be reinstated once the creditor finds out about your employment.

1 Answer | Asked in Criminal Law, Business Law and Communications Law for New Jersey on
Q: Can I legally record a phone conversation in the state of NJ or NY without the other person’s knowledge?

I am in NJ and the other participant is either in NJ or NY.

Leonard R. Boyer
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answered on Jun 24, 2022

Yes, NJ is a one person consent state, but I cannot advise you about NY law. Good luck.

1 Answer | Asked in Contracts, Business Law, Intellectual Property and Trademark for New Jersey on
Q: I am a wellness consulting company and I would like to know what are the basic terms outlined in a business contract?

I am a small business wellness consulting company providing services to non-profit and health care organizations and I would like to know what terms should be included in my contracts? Additionally, are there any pro-bono resources that can assist with this? Thank you!

Robert Kost
PREMIUM
Robert Kost
answered on May 2, 2022

You can begin to understand the basic components of a contract here:

https://www.contractstandards.com/public#contracts

Choosing among clauses, authoring the right clauses, and assembling a contract that makes sense for you is the job of an attorney. It is a skill and an art, and...
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1 Answer | Asked in Consumer Law, Business Law and Construction Law for New Jersey on
Q: does the board have the right to change a law that is also in the state law ?

While applying to the state for an electrical license , does the board have the right to change a law that is also in the state law ? Because it says so on its website ;The Board is engaging in rulemaking to implement the law. i check the law ,N.J.A.C. 13:31-2.1 Qualifications of Applicants... View More

Leonard R. Boyer
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answered on Mar 10, 2022

The only way that any one can help you is if you provide more facts. There is no point in speculating.

2 Answers | Asked in Tax Law and Business Law for New Jersey on
Q: If a small business owner dies in NJ with several year's business taxes unfiled, is spouse liable?

Will spouse need to file back business tax reports, etc.?

Leonard R. Boyer
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answered on Mar 5, 2022

There are far too many variables and unknown facts to provide you with a meaningful answer. You best way of proceeding is speaking with an experienced business and/or probate attorney. With the current economic environment, the IRS is not an agency you want to take any chances with. Good luck.

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2 Answers | Asked in Business Law for New Jersey on
Q: where can I find the law that states an Llc corp is a seperate legal entity

I received a ticket in the mail addressed to my legal name for the alarm going off on a vehicle registered to a legal LLC corporation

Leonard R. Boyer
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answered on Feb 19, 2022

Unless your LLC is a properly custom drafted LLC with 3 members, it is easy to pierce the corporate veil and you are going to be liable. It is cheaper to just pay the ticket, you are not going to avoid liability, due to several reasons.

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1 Answer | Asked in Business Law for New Jersey on
Q: What is statute for limitation for violation of the New Jersey Computer Related Offenses Act, N.J.S.A. 2A:38A-3
H. Scott Aalsberg
H. Scott Aalsberg
answered on Feb 16, 2022

The answer depends on the facts of your case thus I suggest you speak with a lawyer, but generally you will be looking at the civil litigation statute of limitations for Superior Court cases, assuming you meet the standards of being in Superior Court of NJ.

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