Author: Marshall T. Kizner
Deferral Agreements – Considerations for Extending Relief to Troubled Franchisees
Posted in Franchise
Deferral agreements, or workout agreements, are a favorable option for franchisors seeking to restructure and manage the obligations of a struggling franchisee before more draconian measures, such as termination of a franchise agreement and litigation. These agreements allow parties to agree to restructured conditions under a franchise agreement and/or postpone… Continue reading
COVID-19 Procedural Hurdles Eased to Evict Commercial Tenants in New Jersey
Posted in Commercial, Retail & Industrial Real Estate
On July 14, 2020, the Supreme Court of New Jersey issued an order authorizing several steps to support the resumption of landlord/tenant cases during the COVID-19 crisis. As discussed in another blog of mine, although there were limited circumstances to evict a commercial tenant, it was a difficult and timely… Continue reading
Court Holds That Strict Compliance with Income and Expense Request (Chapter 91) Required to Avoid Dismissal of Property Tax Appeal
Posted in Business & Commercial Law
In a recent case, the Tax Court of New Jersey dismissed a property owners’ tax appeal for providing a false response to the Assessor’s request for income and expenses under N.J.S.A. 54:4-34 (Chapter 91 Request). Continue reading
