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It’s finally Summer (the summer solstice is June 21), prime time for flying flags and displaying and using all sorts of flag-themed merchandise. In 1942, enacted rules, later codified in Title 4 of the U.S. Code, designed to prevent disrespect to the flag. About half of the states adopted similar rules. Herewith, a few of […]

What is the purpose of a buy/sell agreement?  The name notwithstanding, a buy/sell agreement has little to do with the purchase or sale of the assets of a business.  For that, we use an asset purchase agreement. A buy/sell is a contract among the owners of a business that sets the terms and conditions under […]

Late last month, the California Supreme Court handed down a decision involving a package delivery service that had classified its drivers as independent contractors.  The decision was unanimous. The court set out clear guidelines for establishing when wage orders setting minimum wages will apply to workers, stating that, in order to classify a worker as […]

If you are buying a business, a smooth and seamless transition to new ownership is key to maintaining cash flow and securing the foundation on which to increase market share, add customers and grow revenue. Often a buyer’s focus is on obtaining an agreement that bars a seller from competing with his former business, disclosing […]

Late last year, Senator Loretta Weinberg, (D) Bergen County, introduced a bill that would (a) bar any provision in a settlement agreement that purports to waive a substantive or procedural right or remedy; and (b) prohibit the use of non-disclosure agreements in settlements of sexual harassment claims. That bill died in committee but was re-introduced […]