In this post we examine New Jersey law governing a commercial tenant's rights in the context of a foreclosure suit filed by the landlord's mortgage lender. If you are a commercial tenant whose landlord is being sued in foreclosure, or a lender contemplating whether to name a tenant in a foreclosure suit then this post is a must read. A lease betwe ... Read More.
In a case of first impression the New Jersey Appellate Division crushed the hopes of judgment creditors from forcing a partition sale of property owned by a married couple as tenants by the entirety in order to satisfy the judgment debt obtained against only spouse. Jimenez v. Jimenez, Docket No. A-2495-16 (App. Div. May 8, 2018). In this famil ... Read More.
Our firm just posted a blog article on our www.njbusinesslitigator.com micro-site about the most recent updates to New Jersey's medical and recreational cannabis laws: http://njbusinesslitigator.com/new-jersey-cannabis-law-update-april-2018/ ... Read More.
NJ Limited Partner Liability: Can a Limited Partner be Held Liable for a Limited Partnership’s Debts? In limited circumstances the answer is “yes”. Under New Jersey’s Uniform Partnership Law a limited partner is protected from liability from the limited partnership’s obligations except in two instances: (1) Where the limited partner i ... Read More.