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August 2013 Archives

New Jersey business litigation: When contracts are broken

Businesses in New Jersey enter into contracts with other businesses and individuals every day. As long as both parties keep up their end of the contract, things are fine. It's when one party believes that the other party to the contract has breached the agreement that business litigation arises.For instance, AT&T is currently involved in a contract dispute with Al Jazeera America. Al Jazeera America has taken over the Current TV channel that was previously carried on AT&T's U-Verse. Shortly before Al Jazeera America was to go live on U-Verse on Aug. 20, AT&T pulled the plug on the network. According to the communications giant, it and Al Jazeera America failed to reach an agreement that would benefit both AT&T and its customers.U-Verse currently has approximately five million people who subscribe to the service. However, Al Jazeera America was part of a package to which not every one of those viewers subscribes. It is not known how many customers were affected to the channel being dropped from the U-Verse lineup. Al Jazeera America is a cable news channel that will have the distinction of being the first new cable news channel in the United States since 1996 when Fox News premiered.It probably wouldn't surprise anyone in New Jersey that these two businesses may be heading for business litigation. This contract dispute could potentially cost both companies a lot of money if not satisfactorily resolved. There are many possible ways for this dispute to be resolved, but if the parties are unable to resolve it on their own, taking the dispute to court could help.

Business dispute over trade secrets turns ugly and expensive

Some people in New Jersey may have heard about the litigation between Eaton Corp. and Frisby Aerospace. It started out in 2004 as a business dispute over trade secrets, but quickly deteriorated into a battle that has cost both companies somewhere in the neighborhood of $50 million. The case has made its way into the Supreme Court of the state in which it was filed, and could end up back in the trial court depending on the outcome of the current appeal.

Optical Co. business merger moves headquarters to New Jersey

The optical company Bausch & Lomb was recently purchased by a pharmaceutical company. As part of that business merger, the headquarters of Bausch & Lomb will be moving to New Jersey. However, with that move, there may also be cuts in the workforce.

Business litigation plagues land on Mohawk River in New Jersey

There are 36.5 acres of land on the north shore of the Mohawk River in New Jersey that is owned by Krause and Krause Properties. Since Dec. 2012, the stretch of land has been the subject of business litigation. One lawsuit was filed by an engineering company saying the owner of the land owes it money. The second lawsuit is a foreclosure.

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