After years of pressure by bar groups to establish a commercial division the New Jersey Supreme Court has taken a half step. One or two judges in each county will be designated to handle commercial litigation (threshold $200,000) and complex commercial and construction litigation. the program is described in a Notice to the Bar released November 13, 2014. - gwc
NJ Judiciary's Business Court Program Going Statewide | New Jersey Law Journal
by Carmen Natale
"The New Jersey judiciary will expand its nearly two-decade-old Complex Business Litigation Program statewide beginning Jan. 1, Chief Justice Stuart Rabner has announced.
The program, which has been operating in Bergen and Essex counties since 1996, is designed to handle complex commercial and construction cases that have the potential for $200,000 or more in damages, Rabner said in a statement and order released on Nov. 13.
"Litigants in these cases and the court system overall will benefit from having a core group of dedicated judges manage complex business disputes," Rabner said in his statement. "We also expect that this new approach will help to continue to develop a body of authoritative case law that will aid all parties in business litigation."
The accompanying order says that each judge assigned to the program will be expected to issue a minimum of two written opinions every year so as to develop that body of complex business case law.
Lawyers who focus in complex litigation welcome the move.
"It's a good step in the right direction," said Edward Kole, who handles complex corporate and commercial litigation at Wilentz, Goldberg & Spitzer in Woodbridge, N.J."
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