Timothy Lyons

New Jersey’s Business Court Continues to Evolve with Its Own Court Rules

In 2015 our New Jersey Supreme Court created a new path for business disputes and commercial litigation. The Complex Business Litigation Program (CBLP) was instituted throughout the trial division of the court system.  The CBLP required each county to appoint a “business judge” to supervise, manage and adjudicate commercial and business cases, as well as...
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DEMLP Attorney Secures Multi-Million Dollar Judgment for Client

Tim Lyons, a Senior Partner of the firm’s Business Litigation Department, recently secured a $4.8 million judgment for his client in a lengthy, multi-year construction defect case in the Superior Court of New Jersey. The judgment was entered on June 28, 2018 in favor of the plaintiff property owners, Richard Champagne and Champagne Enterprises, LLC, and...
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Timothy Lyons Recertified by New Jersey Supreme Court as a Certified Civil Trial Attorney

Timothy Lyons, a senior partner of the firm’s Business, Corporate and Civil Litigation Department, has been honored with receipt of recertification by the Supreme Court of New Jersey as a Certified Civil Trial Attorney. The New Jersey Supreme Court, through its Board on Attorney Certification, designates as a Certified Civil Trial Attorney only those lawyers...
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Insurance Awareness: Every Company Needs to Know What It Is Insured For

Business insurance is an integral part of any game plan for a company’s success.  It helps to limit financial liabilities such as lengthy and costly litigations, and also provides avenues for recovery in the event of an unforeseen property loss.  However, business insurance will only work if it is properly designed, effectively implemented and constantly...
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Volatility: And it’s Not Just In The Market!

Investors often routinely place their trust in their investment advisor, or broker, especially when markets are climbing high. When market volatility surfaces which results in losses across the board, many investors are unaware of the impact their financial advisor might have played in contributing to their accounts nose-diving in tandem with the market drop. It is...
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The Sirens of Business Litigation and a Company’s Need for Litigation Avoidance Practices

In the competitive nature of business and industry the “Sirens of Litigation” are encountered during the lifespan of many companies and firms. However, the enticement of pursuing such business disputes can come at a significant expense to any company. The financial cost surfaces in attorney fees, expert witness or consultant fees, and court fees. The...
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What Alternatives Do Business Clients Have to “Hourly Rate” Billing for Legal Fees?

Law firms operate in an aggressive marketplace, just like all other companies and professionals. However, lawyers understand business clients are continually challenged to manage their legal fees and costs. While acknowledging that legal costs, for litigation or otherwise, can be viewed as a necessary “cost of doing business,” it is an expense that companies constantly...
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Puerto Rico Municipal Bonds: Investor Risk or Compensable Broker Malfeasance?

As widely reported for the Puerto Rico municipal bond crisis, the Island of Puerto Rico has indicated that it will file for bankruptcy protection. The initial attraction of municipal bonds to investors is the tax-free income. States that issue bonds also exempt their bonds from state income tax for residents of their state (unless otherwise stated)....
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Crossing the Line: When Does Competition in Business Become “Unfair”?

In the business arena it is readily understood that open competition is healthy where it is unrestricted and subject to free rein. It is theoretically anticipated to stimulate macro and micro-economic growth.  Competition in a laissez-faire marketplace is expected to increase supply and lower price points, consequently affording consumers and purchasers with option variety for...
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When The Marriage is Over: Disassociation and Expulsion of a Member From a Limited Liability Company

Business “partnerships,” like marriages, always begin with dreams of a long, happy life together. Unfortunately, they too often end in acrimony, in-fighting and ultimately dissolution. In the business context, specific to closely held entities and smaller limited liability companies, New Jersey law provides for resolution of such disputes without ringing a death knell for the...
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