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If you are considering leasing equipment for your business—maybe you've even had discussions with an equipment leasing company or have a proposed contract on your desk—you want to look closely at the language of the lease. It's a fairly common practice to include an "evergreen clause" in an equipment lease. Essentially, the evergreen clause … [Read more...]

Under New Jersey law, as revised in 2007, real estate transactions are included in among the exchanges covered by the state's Commercial Bulk Sales Act. The statute covers the sale of rental property, real estate used in a trade or business, real estate owned by a business entity, deeds in lieu of foreclosure for income producing properties, … [Read more...]

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If you are like most people, the single biggest investment of your life will be your home. It's a transaction that involves a substantial number of complex items, from the Agreement of Sale, Home Inspections, from the mortgage documents to the Commitment for Title Insurance and the Deed. When this much money is at stake, it's a wise decision to … [Read more...]

We are pleased to announce that Howard N. Sobel has been selected to the 2017 SJ Magazine Top Attorneys list in the Debt Collection practice area. This is Howard's fifth time to be selected as a 2017 SJ Magazine Top Attorneys list. The 2017 SJ Magazine Top Attorney list is exclusive. SJ Magazine asks attorneys to tell them which of their peers … [Read more...]

When you're looking to file for personal bankruptcy protection, there are generally two options—a Chapter 7 liquidation proceeding and a Chapter 13 "Wage Earner’s Plan." For most of the history of American bankruptcy law, there were few limits on which route you could choose. However, in 2005, Congress made sweeping changes to the bankruptcy laws, … [Read more...]

All the pleadings have been filed, the discovery phase is done, and the court has heard all evidentiary and dispositive motions. You're not quite ready for trial yet.The Pre-Trial Conference The judge will typically call for a conference prior to trial. Don't be surprised if there's arm-twisting to try to get you to settle. The judge would … [Read more...]

So you've filed your complaint or answer, you've completed the discovery process. There's still much that has to happen before opening statements can be made at trial.Pre-Trial Motions Trials are expensive and time-consuming and most courts have very full dockets. As a consequence, there's a strong incentive to resolve legal matters short of … [Read more...]

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