News and Legal Articles From Our Team

Earlier in the Fall I talked about NJ’s proposed privacy bill that would prohibit employers from requiring employees and job applicants to disclose their private social media account information. (Click here for prior post) Well, the law took effect December 1. Be mindful that this new law applies to all employers regardless of size. The…

Well this doesn’t happen every day – or does it? The SEC finds itself being investigated for improper financial holdings. According to a November 2013 Reuters post, federal prosecutors and the office of the inspector general of the SEC contacted employees in the SEC’s New York office about trading in companies that are under SEC…

New Jersey residents voted on November 5, 2013 to approve an amendment to the New Jersey Constitution that resulted in a $1.00 increase in the state’s hourly minimum wage. Effective January 1, 2014, the minimum wage rate in New Jersey will increase from $7.25 to $8.25 per hour. What makes this wage increase different from…

In the past the Securities and Exchange Commission had allowed defendants to settle civil and administrative claims brought by the SEC without requiring defendants to admit or deny liability. However, there has been a change of policy with the recent appointment of the new SEC Chair Mary Jo White. Now, in “egregious” cases, the SEC…

Ever wonder what an “instrument under seal” is? When the word [SEAL] is placed next to the signature block at the end of the written guaranty or loan agreement, does it have any impact? The answer is a big YES. Earlier this summer, the Pennsylvania Supreme Court confirmed what we have always told our clients…

The October 31, 2013 compliance deadline under Philadelphia’s Energy Conservation Act is fast approaching. As previously detailed in my earlier blog entry (click here), commercial landlords have only until the end of October 2013 to comply and register their building’s electrical and water usage rates as well as other building characteristics. Fines will be levied…

Critical deadlines under President Obama’s Patient Protection and Affordable Care Act are quickly coming. HR departments of large companies are aware that if there are more than fifty (50) employees, the company is required to provide employees with health insurance as of January 1, 2014. However, even companies with as few as 1 employee have…

Governor Christie signed into law on August 29 a privacy bill that prohibit employers from requiring employees and job applicants to disclose their private social media account information. The law will become effective December 1, 2013. Click here for a related blog entry I wrote on a similar law in Philadelphia. First off, the law…

Delaware recently joined the fast growing Benefit Corporation “club”. Effective August 1, 2013, Delaware became the 20th state to adopt its own version of the Benefit Corporation. The provisions governing this new business entity can be found under new Subchapter XV of the Delaware General Corporation Law. Earlier this year you may recall (click here)…

An angel investor who invests in a “qualifying” New Jersey emerging technology business in tax year 2012 and beyond is now eligible to receive a tax credit of up to 10% of the total amount invested. This law is designed to stimulate investment in emerging New Jersey technology companies by allowing the investor to use…