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New Jersey Business Law Blog

Hewlett-Packard purchase shows the dangers of acquisitions

Whether two small local businesses are merging or it's an international, multi-billion dollar deal, mergers require an enormous amount of research and detail to ensure a smooth, legal transition. When Hewlett-Packard purchased the UK's Autonomy Corp. software business in 2011, the two organizations had no intention to be in court seven years later.

HP has filed a $5 billion civil suit, claiming fraud by Autonomy. The suit is largely about misrepresenting value. Autonomy listed their company at the time of sale as $10.3 billion, while HP valued it at $8.8 billion - a full $1.5 billion less - one year later. Both sides blame the other. HP alleges fraud and Autonomy alleges that poor management by HP diminished the brand's value. International law, different accounting methods and character analysis are just a few of the arguments taking place in federal court.

Non-disclosure agreement basics

In order to successfully conduct business, a company in New Jersey may well have to share confidential information with other parties at times. In order to feel confident doing this, they may find it important to enter into a special type of contract using what is called either a non-disclosure agreement or a confidentiality agreement.

As Forbes explains, these contracts really have two purposes or bind parties to two different things. The first of these is to not share the confidential information with others who are not identified as able to know it. The second is to not make use of the confidential information themselves.

How posting a photo of yourself can land you in court

Copyright infringement can happen in a matter of seconds but cost you thousands for your mistake. Something as innocent as posting a photo or video of yourself if you aren’t the copyright owner can land you in court - and fast.

For Jessica Simpson, a photo she shared on Instagram may be landing her in court. Earlier this week, a lawsuit was filed against the celebrity after she posted a paparazzi photo of herself without the photo agency’s authorization. The lawsuit alleges that Simpson’s Instagram post infringed on copyright and that sharing their image publically resulted in a loss of revenue. The agency is seeking $25,000 in damages.

$1.6 billion lawsuit accuses Spotify of copyright infringement

Countless music lovers depend on apps like Spotify to play virtually any number of their favorite songs at the click of a button. But not everyone appreciates the convenient access to a seemingly unlimited pool of music. In fact, some music publishing companies and artists are saying that Spotify isn’t giving them their share of the profits.


Risk Assessments in 2018

Now, more than ever, risk assessments are an essential component of corporate compliance and ethics programs that organizations cannot afford to overlook. Risk assessments are an effective way for companies to monitor and evaluate potential compliance risk within an organization, and may take a variety of forms.

Regulatory Intelligence Compliance Solutions (RICS) - A Nicoll Davis & Spinella LLP Client - Makes Headlines!

We are always proud when one of our own clients has news to share - because our clients' success is our success. We're especially happy to announce that RICS has successfully deployed its RICS Regulatory Change Management SystemTM for Oppenheimer for its branch audit process. The system monitors change, alerts the organization to risk conditions, and enables accountability and collaboration around changes that impact the firm. This requires a common process to provide real-time accountability and transparency across regulatory areas. The RICS team is thrilled to partner with Oppenheimer, and they are very proud of their expertise in this space. 

ND&S Partners Attend Business Forum 2017 at Union League in Philadelphia

ND&S partners recently attended the Business Forum 2017, sponsored by the Union League Philadelphia. The Union League is comprised of members who represent the Philadelphia region's leaders in business, education, technology, healthcare, law, government, religion, art and culture.

New York City's Fair Chance Act

When to Consider an Applicant's Criminal History

In 2015, the New York City Commission on Human Rights enacted the Fair Chance Act that would prohibit employers from asking potential applicants if they have been convicted of a crime until after the employer has issued a conditional offer to the applicant. This law was passed to ensure that job applicants were evaluated on their merits and not be barred due to their criminal history.

New York City Employer and Landlord Alert

Preventing Against Gender Identity Discrimination

Experts estimate that there are more than 25,000 transgender and gender non-conforming people that reside in New York City. As a result, it is very important that New York City employers and landlords become familiar with their obligations when addressing the gender identity of their employees or tenants. The failure to do so can result in hefty fines and discrimination claims brought against offenders.

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