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New Jersey Employer Can Recoup Salary of Employee Who Breaches Duty of Loyalty, says NJ Supreme Court

Posted by September 22, 2015 , ,

In a decision sure to grab the attention of the New Jersey workforce, today the New Jersey Supreme Court unanimously ruled that an employer can recover the salary of an employee who breaches his duty of loyalty to the employer, without the necessity of the employer proving economic loss as a result of the duty breach.  Kaye vs. Rosefielde, Docket ... Read More.

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When Perfecting A Security Interest In Goods or Chattel, Don’t Be Fooled If The Debtor ReLocates Its Business To A Different State

Posted by September 18, 2015 , ,

PERFECTING SECURITY INTEREST IN GOODS OR CHATTEL Under the Uniform Commercial Code (“UCC”), is a secured creditor required to file a new UCC-1 financing statement to perfect its security interest in equipment if a debtor moves its “location” to another jurisdiction?  The answer may depend on whether the debtor is considered an “organiza ... Read More.

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