The development of new businesses is a cornerstone of the American economy. Entrepreneurs find few things as thrilling as watching their ventures succeed and grow, which allows them to reward early investors and managers.
And New Jersey is fostering new businesses quite successfully, according to a recent study. The researchers measured the creation of small businesses based on the number of new business phone lines added from 2008 to 2012. New Jersey ranked in the top five, along with Arizona, California, Nevada and Washington.
While most corporations and partnerships are formed with the best of intentions by the investors and entrepreneurs, changes along the way can create conflict and litigation. Examples of such changes in the business relationship include:
- Life change of a shareholder — Either through death, divorce, shifting financial goals or other factors unrelated to the business itself, partners or shareholders might decide to exit the business and take their equity with them.
- Fraudulent acts — Either through embezzlement or the sharing of trade secrets, a shareholder or partner might endanger the enterprise for personal gain.
- Dissatisfaction with governance — Minority shareholders in particular may be dissatisfied with management decisions, but feel powerless to influence them.
In any of these scenarios, effective legal representation is essential to negotiate a satisfactory resolution. No one benefits when a shareholder or partnership dispute sinks the organization. To pursue remedies that are constructive rather than destructive, speak to a business law attorney.
Neil H. Deutsch has been practicing law for over 35 years and is known as a skilled negotiator in employment and discrimination law. He believes in a bottom-line approach of risk analysis and cost effectiveness for his clients. "Case evaluation is something we take seriously," says Mr. Deutsch who seeks top net dollar for his…
Bruce L. Atkins is the senior managing partner at Deutsch Atkins & Kleinfeldt P.C., a prominent plaintiff employment law firm in the tri-state area. Mr. Atkins believes employees’ rights should be aggressively pursued when they’ve been wrongfully dealt with by their employers. He brings this philosophy to his practice when considering each case and its…
Adam J. Kleinfeldt joined Deutsch Atkins & Kleinfeldt, P.C. in March of 2015. He primarily represents individuals in employment litigation such as discrimination, retaliation and whistle blowing matters. He has extensive experience in all phases of the litigation process. Adam has obtained significant results for his clients, including a $525,000 jury verdict in a sexual…
Diane Englander Peyser joined Deutsch Atkins & Kleinfeldt, P.C. in September 2018 where she represents employees in wrongful termination, retaliation, harassment, and discrimination matters. Prior to joining Deutsch Atkins & Kleinfeldt, P.C., Diane represented clients in all aspects of employment law on behalf of employees involving unemployment appeals, claims of sexual harassment, LGBT discrimination, disability…
Debra M. McGarvey joined Deutsch Atkins & Kleinfeldt, P.C. in December 2019. She has extensive experience defending employees and employers in state and federal court in employment litigation matters. She has represented clients on various issues arising out of the New Jersey Law Against Discrimination (NJLAD), the New Jersey Conscientious Employee Protection Act (CEPA), the…
