liability
My family owned a business for many
years, then sold it to a large
corporation. My cousin worked for the
business and recently left it and
started on his own, with the same
name. The business has now
contacted me and wishes to employ
me as a consultant, to put me in ads,
etc. to drum back business. Am I
opening myself up to any legal
problems from cousin? Should I ask
for indemnification?
Re: liability
I need more information before I can respond to your questions. For example, what business contacted you to act as a consultant? The former family business? Your cousin? If it was your cousin, were you one of the owners of the family business? If so, what restrictive covenants (if any) were part of the agreement to sell the business? In general, New Jersey looks at restrictive covenants fairly narrowly. However, restrictive covenants that are part of a sales agreement are strictly enforced. Please call my office to discuss this matter further.
Randall Brett
Law Office of Randall P. Brett
214 Carnegie Center, Suite 100
Princeton, NJ 08540