Writings by Michael Jimenez

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Reopening Resources for NJ Restaurants

After a difficult few months, New Jersey restaurants are gradually reopening their doors for on-premises dining. After a difficult few months, New Jersey restaurants are gradually reopening their doors for on-premises dining. For restaurant operators and their customers, it is important to understand what is required to reopen safely. This article outlines the guidance provided […]

Author: Michael Jimenez

June 10, 2020

Can Businesses Raise Prices Without Violating NJ’s Price Gouging Statute?

COVID-19 Emergency Triggers Consumer Fraud Act’s Price Gouging Provision Concerns over the Coronavirus (COVID-19) pandemic have resulted in an unprecedented demand for products like toilet paper, hand sanitizer, and face masks. The pandemic has also prompted activation of New Jersey’s strict price gouging statute. On March 9, 2020, Governor Murphy signed an Executive Order declaring […]

Author: Michael Jimenez

March 26, 2020

Opportunity Zone Program Creates Investment Opportunities for NJ Businesses

Established Under the U.S. Tax Cut and Jobs Act of 2017, the Opportunity Zone Program Aims to Encourage Investors to Direct Capital into New Projects Established under the U.S. Tax Cut and Jobs Act of 2017, the Opportunity Zone Program aims to encourage investors to direct capital into new projects in certain low-income rural and […]

Author: Michael Jimenez

August 16, 2018

New Jersey

Could raising the minimum wage reduce business optimism in New Jersey?

Regardless of Increasing Optimism, New Jersey Businesses Are Leery About the Potential Impact of a Statewide Minimum Wage Increase New Jersey businesses are increasingly optimistic as we head into 2018. Nonetheless, many are leery about the potential impact of a statewide minimum wage increase. The New Jersey Business & Industry Association (NJBIA) recently published the […]

Author: Michael Jimenez

January 11, 2018

Forming a New Jersey Professional Services Corporation

A Professional Services Corporation (PSC) Closely Resembles a Regular Corporation In Many Ways, But a PSC Has Certain Special Requirements A professional services corporation (PSC) is a special type of business entity that may be formed exclusively by licensed professionals. Some examples are certified public accountants, architects, optometrists, professional engineers, land surveyors, land planners, chiropractors, […]

Author: Michael Jimenez

October 26, 2017

New Jersey

Five Business Cases to Watch in the Upcoming Supreme Court Term

Cases to Watch in the Upcoming Supreme Court Term The U.S. Supreme Court starts its new term this month, and the justices will begin hearing oral arguments on October 2. Now back to full strength, the Court has agreed to consider several important cases that will impact the business community. The Roberts Court is often […]

Author: Michael Jimenez

September 18, 2017

What Is Your Business' Social Media Crisis Response Plan?

What Can We Learn From Trump’s Tweets Regarding a Social Media Crisis Response Plan? Donald Trump’s use of social media to air his grievances with corporate America is making many businesses very nervous. As Nordstrom recently learned, the President is willing to use his personal twitter account as well as the official @POTUS account to target […]

Author: Michael Jimenez

March 7, 2017

Will “One In, Two Out” Rule Reduce Red Tape or Create Regulatory Uncertainty?

Could President Trump’s “One In, Two Out” Rule Impact Your Business? While many of President Donald Trump’s executive orders have made headlines, one of the less controversial policy changes may have the most significant impact on New York and New Jersey businesses. Under the executive order, entitled “Reducing Regulation and Controlling Regulatory Costs,” executive agencies must […]

Author: Michael Jimenez

February 27, 2017

SCOTUS Decision to Impact Millions of Employment Contracts

How Could This SCOTUS Decision Affect Employment Contracts? The U.S. Supreme recently agreed to weigh in on a very hot topic — the enforceability of class-action waivers in employment agreements. The decision will address a circuit split and is expected to impact employment contracts involving millions of workers across the country.The specific question before the Court […]

Author: Michael Jimenez

February 1, 2017

Why You Should Consider a Benefit Corporation

Why Your Business May Want to Consider Incorporating as a Benefit Corporation A benefit corporation is a type of for-profit corporate entity that allows businesses to consider profit as well as society and the environment. Incorporating as a benefit corporation legally protects the corporations’ social goals by mandating considerations other than just profit. The “flexibility” […]

Author: Michael Jimenez

January 31, 2017

Business Optimism Rising Amidst Concerns About NJ Economy

Business owners are optimistic about their companies’ future success, but remain wary of NJ economy For New Jersey business owners, the future looks bright . . . for the most part. The New Jersey Business & Industry Association (NJBIA) recently published the results of its Business Outlook Survey. The general consensus is that business owners are […]

Author: Michael Jimenez

January 3, 2017

Examining the Non-Waiver Clause in a Contract

Contract 101: Drafting & Enforcing the Non-Waiver Clause Certain contract provisions are found in nearly all business agreements. However, that doesn’t mean that they should be overlooked. Many provisions, including non-waiver clauses, can significantly impact the rights of the parties and should be closely reviewed with legal counsel. What Is “Waiver?” In the legal context, […]

Author: Michael Jimenez

November 15, 2016

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