As more and more states continue to legalize cannabis for medicinal and/or recreational purposes, new issues are seemingly arising for landlords who wish to lease their property to businesses for the purpose of growing, manufacturing and/or selling cannabis. This blog discusses some issues landlords need to consider when leasing their premises for cannabis related activities.

Continue Reading Additional Considerations for Landlords Leasing to a Cannabis Related Business

frutta-bowls-logo-bankruptcyThe wave of retail bankruptcy filings has crash landed on the burgeoning fruit bowl industry. Frutta Bowls Franchising, LLC, the franchisor for the popular “Frutta Bowls” chain filed a voluntary petition for Chapter 11 bankruptcy protection in the District of New Jersey on February 15th (Case No.: 19-13230). According to its website, Frutta Bowls is the fastest growing superfoods café with healthy alternatives to traditional fast food, including options such as Açai, Pitaya, and Kale bowls.

Continue Reading Franchisor of Popular Frutta Bowls Chain Lands In Chapter 11 Bankruptcy

Earlier this month, Amazon founder Jeff Bezos and his wife Mackenzie announced their plans to divorce, setting off speculation as to what would occur with their estimated $138 billion in net worth.

From a first glance, you may assume that the Bezos divorce would be much more acrimonious and hard fought than a case involving the typical John and Jane Doe case as the thought may be that there is more to fight for financially.

However, wealth in these incredibly high net worth cases actually removes many of the most challenging issues in divorce like payment of legal and expert fees or trying to continue the lifestyle for both parties with insufficient income from both parties to same to occur. The world’s richest couple will not have these challenges.

Instead, high net worth divorces have a whole different set of challenges that middle-class families typically do not need to consider.

Continue Reading Amazon 2-Day Free Shipping to Serve Divorce Papers: The Bezos Divorce through the Lens of New Jersey Law

In the context of construction litigation, a question may arise whether a matter should be initiated in state court or federal court. Each Court might have jurisdiction to hear the matter under several different theories. Discussed below are the principal manners in which it is determined whether a state court or federal court has jurisdiction to hear a dispute.

Continue Reading Construction Litigation Jurisdiction in Federal Court or State Court

53 –year old gift engraver and retailer, Things Remembered Inc., filed on Wednesday for Chapter 11 bankruptcy protection in the District of Delaware docket #19-10234. The chain operates more than 400 locations, nationally, and expects to close about 250 stores in its initial efforts to reorganize under the Bankruptcy Code.

Enesco, the giftware and home and garden décor company, is the stalking horse bidder to take approximately 130 of Things Remembered leases in the bankruptcy case with court approval. The stalking horse bid is $17.3 million.

Continue Reading Things Remembered Files for Chapter 11 Bankruptcy Protection

Charlotte Russe Holding, Inc. (“Charlotte Russe”), the women’s fashion retailer filed for Chapter 11 bankruptcy protection in the District of Delaware docket #19-10201. The chain operates more than 500 locations, nationally, and is closing about 90 stores in its initial efforts to reorganize under the Bankruptcy Code.

CNN reports that it secured $50 million for initial bankruptcy funding to continue running about 400 Charlotte Russe and Peek Children’s stores for the next few months.

Continue Reading Charlotte Russe Files for Chapter 11 Bankruptcy Protection

The fairness of the calculation of alimony and child support depends on the accuracy of both party’s respective incomes. Both alimony and child support are calculated using each party’s gross income.

Gross income may include income from the following sources:

Continue Reading What Income is Used to Determine Alimony & Child Support in New Jersey?

For any lease, there are always numerous potential concerns and pitfalls. However, when dealing with a cannabis lease, landlords must flesh out one significant concern that does not exist with traditional leases. This concern stems from the illegality of cannabis at the Federal level.

Continue Reading Important Considerations for Leasing Cannabis Related Facilities

During a Will contest, a question may rise as to who is an interested party with regard to an estate. This question is not quite as simple as it may appear at first sight. In fact, the interested parties may be substantially greater than the party initiating the Will contest might have anticipated. As discussed below, interested parties are not merely those who are listed under the Last Will and Testament.

Continue Reading Interested Parties in Probate Litigation