Companies in New Jersey that have enjoyed long-standing relationships with other businesses should never take these connections for granted. While it would be nice to count on continued good relationships, sometimes disputes will still arise and they can even put former collaborators at odds with each other in court. Such is the case for one event promoter and a facility operator, both involved in motor bike racing.
Businesses in New Jersey know that there are many laws, some federal and some state, that they must comply with. Some of these laws pertain to employee rights and fair treatment and can become part of how a company takes care of its people and creates a strong company culture. In recent years, the subject of paid leave from work has become a hot topic across the country. Until just recently, only the District of Columbia and nine states have passed legislation requiring employers to provide some form of paid leave to their workers.
Business disputes are no rarity in America, as the plethora of start-ups continues to grow. Most New Jersey business owners -- no matter the stage of ownership -- understand the importance of resolving potential disputes.
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.