When your business partner commits an illegal act, it is not always something that directly harms you, like embezzlement. In fact, some illegal acts could actually benefit you. For example, if you are a 50% owner of a closely-held business in New Jersey, but your business partner is the one in charge of financial matters, you may benefit personally and directly from tax fraud. » Read More

Shareholder disputes often arise because of a lack of information being disclosed by the majority to the minority shareholders.  In New Jersey, there are limitations as to what financial documents must be shared with minority shareholders.  However, most of the time business owners believe that their business partners should share more information than the bare minimum dictated by law. » Read More