Shafron Law Group, LLC

Jason T. Shafron Honored Among (201) Magazine Bergen’s Top Lawyers

2022-10-31T15:19:14Z

(201) Magazine has released its annual listing of Bergen’s Top Lawyers. The Shafron Law Group, LLC is proud to announce that Jason T. Shafron was selected among Top Attorneys for 2018. Mr. Shafron was selected as a Top Attorney in Commercial Litigation as well as in Construction Law. The list of Top Lawyers in Bergen County was compiled from the results of a peer-review survey, conducted by Professional Research Services (PRS) of Royal Oak, Michigan. According to (201) Magazine’s website.

Jason Shafron Participates as Speaker in Bergen County Bar Association Seminar

2022-10-31T15:19:20Z

Jason Shafron, of Shafron Law Group, was part of the speakers panel at the Bergen County Bar Association Seminar “Hot Topics In Construction Law 2018”. The seminar took place on Wednesday, May 16th, 2018, at the Bergen County Bar Association, in Hackensack, NJ. DOWNLOAD FLYER.

Jason T. Shafron Named One of Bergen County Magazine’s Top Lawyers of 2018

2022-10-31T15:19:26Z

Jason T. Shafron, managing partner at the Shafron Law Group, LLC, has been named one of Bergen County’s Top Lawyers in both Commercial Litigation and Construction Law by Bergen County Magazine. Bergen County is home to some of the most prominent and sought-after attorneys in the country. Mr. Shafron was selected by his legal peers throughout Bergen County, when they were asked to select whom they deemed to be the best within their practice areas and whom they would seek out for particular legal needs.

Jason Shafron, panelist at the Arbitration of Construction Disputes Seminar

2022-10-31T15:19:36Z

Bergen County Bar Association Continuing Legal Education Moderator: Linda F. Spiegel, Esq. Speaker: Jeffrey T. Zaino, Esq. V.P. – Commercial Division of the American Arbitration Association Panel: Robert S. Dowd, Jr., Esq. Jason T. Shafron, Esq. Carlo J. Camporeale, Esq. December 11, 2014 Bergen County Bar Association The George W. Newman Law Building 15 Bergen Street, Hackensack, NJ 07601

Jason T. Shafron Appointed to State Bar Association Special Committee

2022-10-31T15:19:42Z

An NJSBA Special Committee, the Business and Commercial Litigation Committee conducts an ongoing examination of the need for specialized complementary dispute resolution for business disputes, educates the bench and bar in this area of law, works to create a Business Part in the Law Division of the Superior Court, and generally works with the courts to ensure that the needs of business clients are being met. NJSBA Special Committees focus on various areas of substantive law and are formed to meet specific needs of the Association and its membership. Mr. Shafron, a resident of Oakland, N.J., the managing partner of the Shafron Law Group, LLC in Hackensack, focuses his practice on the complex issues facing real estate developers, brokers and businesses in the areas of construction, employment and insurance coverage litigation. He has extensive experience representing businesses and individuals and has also represented clients in the financial service, pharmaceutical, medical device, private equity, condominiums/cooperative associations and insurance sectors.

No damage for delay and liquidated damage clauses in public construction contracts

2022-10-31T15:19:48Z

A general contractor has entered into a construction contract with a public entity in New Jersey and the work commences. As be the case, there are delays on the project. Very often, the public entity seeks to collect damages from the general contractor for such delays while the contractor seeks extra time. Less often, as will be considered here, it is the general contractor who seeks damages as a result of delays and contends that those delays were caused by the public entity’s actions or inactions. A review of the contract reveals two key terms that address this issue. The first states that the contractor cannot recover for delay damages unless the actions of the governmental entity fall into certain limited circumstances (“no damage for delay” clause). The second relevant clause states that if the case falls into one of those limited circumstances, such delay damages are fixed at a per calendar or working day amount (“liquidated damage” clause). The question then becomes whether the contractor can recover any damages for delay and, if so, how much it can recover. Download the full article here: Dimensions-no-damage-for-delay

Commerical real estate litigation against guarantors and debtors in today’s economic climate

2022-10-31T15:19:58Z

In the recent era of difficulty in some sectors of the commercial real estate market, lending institutions and borrowers are faced with difficult litigation decisions with respect to foreclosure and deficiency actions. With defaulting commercial real estate loans secured by property which cannot be sold or can be sold only at substantial discounts, lenders are more often today determining that they would rather pursue actions against obligors and guarantors first, without aggressively pursuing foreclosure. Lenders also have varied internal accounting rationales for not wanting to foreclose on a commercial property. These litigation decisions are made more complicated by the unsettled case law in New Jersey with respect to the application of a nonstatutory fair market value credit in a deficiency action on a note or guaranty where there is a related mortgage on commercial property. When a financial institution is considering a deficiency Download the full article here: RealEstateJournal-commercial-law

NJ Ruling Helps Companies Deflect Blame In Construction Suits

2022-10-31T15:20:10Z

By Martin Bricketto

Law360, New York (June 20, 2013, 9:16 PM ET) — The New Jersey Supreme Court ruled Thursday that companies fighting construction litigation can argue that defendants already dismissed from a case are to blame, a decision that could limit their liability and stop claimants from targeting companies with the deepest pockets, experts say. When a defendant wins summary judgment based on a strict, 10-year window in New Jersey for suing over real property improvements, it doesn’t prevent a remaining defendant from trying to convince a jury that the dismissed party is responsible for the alleged problems… READ MORE

Real estate developers in New Jersey: Navigating the minefield of personal liability

2022-10-31T15:20:17Z

Real estate developers and construction contractors in New Jersey have long faced significant risks with respect to personal liability arising out of their companies’ work. The New Jersey Supreme Court in Allen v. V & A Bros., Inc. recently confirmed that personal liability under New Jersey’s Consumer Fraud Act (“CFA”) for the principals and certain employees of contractors can be awarded based on regulatory violations. The risk of personal liability for such regulatory violations could now also be extended to real estate developers who previously were generally only concerned about personal liability under the New Jersey’s Planned Real Estate Development Full Disclosure Act (“PREDFDA”), Real Estate Sales Full Disclosure Act (“RESFDA”) and certain of New Jersey’s environmental laws. Personal liability for CFA claims is of substantial and provides for the award of triple damages and attorneys’ fees to a prevailing plaintiff. Download the full article here: Construction_law

Jason Shafron secures nearly $400k verdict for couple in land deal gone bad

2022-10-31T15:20:23Z

A New Jersey couple has been awarded more than $381,000 in a trial over a land deal where they lost money because a real estate cooperative’s Board of Directors decided not to inform them that the property lacked the required permits for building. In Travers v. Edgewater Colony Inc. and the Board of Directors of Edgewater Colony Inc., New Jersey Superior Court Judge Alexander H. Carver III in Bergen County awarded the plaintiffs $381,229 plus interest and costs, finding that the defendants committed fraud, breach of fiduciary duty and negligent misrepresentation. The verdict followed a three-week trial in which the plaintiffs were represented by Jason T. Shafron, Partner in Archer & Greiner’s office in Hackensack, N.J. Edgewater Colony, a development of luxury homes along the Hudson River in the Borough of Edgewater, is owned by Edgewater Colony Inc. The corporation operates as a cooperative and is governed by a Board of Directors, which had to approve any prospective buyer’s purchase of rights to use the land, in the form of a share of stock. The Board also acted as a land use board that had to approve construction on any vacant plots as well as any substantial renovation of existing homes. Historically, once the Board approved, construction could begin. In 2003, the plaintiffs, who owned the share of stock for a home at the Colony, arranged to purchase another share of stock for a vacant plot, which the Board had approved for home construction. The plaintiffs intended to re-sell the stock at a profit to another family that planned to build a home. But prior to the plaintiffs’ purchase and unbeknownst to them, the New Jersey Department of Environmental Protection (DEP) informed the Board of a change in policy: no further building could take place at the Colony without a state waterfront development permit (WDP) for each project – an approval contingent on installation of a multi-million dollar sewer system to serve the entire development. Unable to secure a construction permit due to the lack of a WDP, the prospective buyers terminated the purchase agreement with the Travers. It would be nearly six years before the plaintiffs could complete a sale, and then only at a drastically lower price. Mr. Shafron demonstrated at trial that the Board knew of the DEP’s policy change in February 2004 and, in fact, discussed it and voted not to inform the approximately 100 other shareholders, including the Travers. Ruling that the “Defendants clearly and convincingly acted unreasonably and in bad faith and in fact conspired to withhold critical information from the Colony shareholders, including the Travers,” the Court awarded damages based on mortgage interest and maintenance fees paid as well as profit lost due to the failed transaction.