In these times of falling property values, many property owners are quick to file tax appeals to reduce their tax burden. Most of these appeals have merit. However, be mindful of the fact that a municipality has the right to file a counterclaim. Also, under certain circumstances, a municipality can argue for an increase in [...]
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Many corporations call Delaware home because of its business friendly legal environment. It is an attractive place to incorporate a business, and it can also provide substantial court decision precedents for corporate disputes, making it more predictable as to what a Delaware court may do in deciding a disputed business matter as compared to states [...]
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In a digital world, even small businesses can quickly run out of storage space for their data. To ensure that customer databases, product lists and email systems are all stored securely, many companies are turning to data centers—facilities dedicated to housing computer systems and related components. As highlighted in a recent article in the New [...]
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Late last month, hackers sent a fake tweet from the Associated Press’ Twitter account referencing an explosion at the White House. The tweet caused the Dow Jones Industrial Average to plunge more than 100 points within seconds. This latest incident highlights not only how disruptive data security breaches can be, but also how easily they [...]
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Businesses in New York City will soon have to provide paid sick days to employees under legislation recently passed by the New York City Council. While Mayor Michael Bloomberg does not support the measure, it passed by a “veto-proof” majority. Specifically, the NYC employment law will require businesses with 20 or more employees to provide [...]
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The U.S. Supreme Court recently sided with Monsanto Co. in a closely watched case involving patented soybean seeds. The Court concluded that an Indiana farmer could not copy patented seeds through planting and harvesting without Monsanto’s permission. The Facts of the Case Monsanto holds patents for Roundup Ready soybean seeds, which contain a genetic alteration [...]
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As a New York City “gentlemen’s club” can attest, wage lawsuits can be costly for employers. The Penthouse Executive Club recently agreed to pay its dancers a total of $8 million to resolve allegations that it failed to pay proper wages and misclassified workers as independent contractors. The initial New York employment lawsuit was filed [...]
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It is always good to have powerful friends, and a new study shows that the business community has a powerful ally in the U.S. Supreme Court. Evidence shows the current Court strongly favors business interests, according to a new study appearing in April’s Minnesota Law Review. The paper is authored by Lee Epstein, a law [...]
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“Patent trolls,” more neutrally referred to as non-practicing entities (NPEs), are coming under intense scrutiny as courts and lawmakers look to curb abuse of patent infringement litigation. NPEs do not directly use the patents they own to produce goods, but rather license them to other companies that do. Detractors use the term “patent trolls” because [...]
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About a year ago, we wrote about a then-recent decision in the Federal District Court for New Jersey in which the owner of a sports bar and restaurant was found guilty of violating the federal Communications Act, which prohibits the unauthorized reception of radio or television transmissions as well as satellite transmissions. Both sets of [...]
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