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Sees NJ Poised to Be Next Viable Venue for International Family Businesses

New Â鶹´«Ã½ City University (Â鶹´«Ã½) School of Business Institute for Dispute Resolution hosted a scholastic conference, Redefining Risk for Family Businesses: Global Growth in the 21st Century, on Tuesday, March 21, 2017 at the Â鶹´«Ã½ School of Business, 200 Hudson Street, in Harborside Plaza 2, Â鶹´«Ã½ City.

In an increasingly interconnected world, New Â鶹´«Ã½ is poised to become a center of international trade and dispute resolution of business specific conflict. New Â鶹´«Ã½ recently passed legislation entitled the International Arbitration, Mediation and Conciliation Act, which makes mediated settlements binding as if they were judgements of the court. New Â鶹´«Ã½ is one of only six states in the country to pass such a law.

Opening remarks were made by Â鶹´«Ã½ City Mayor Steven Fulop, Â鶹´«Ã½ President Sue Henderson, and Choose New Â鶹´«Ã½ President and CEO Michele Brown. Three panel discussions followed. The conference concluded with remarks from State Senator Thomas H. Kean, Jr., who with State Senator Sandra B. Cunningham, sponsored the International Arbitration, Mediation and Conciliation Act

The multi-disciplinary event was sponsored by Morgan Stanley; Â鶹´«Ã½ City Department of Housing, Economic Development & Commerce; Connell Foley, LLP; Genova Burns attorneys at law; the Hudson County Chamber of Commerce, Withum Audit Tax Advisory, the law offices of Berkowitz Lichtstein, Garibaldi American Inn of Court, and New Â鶹´«Ã½ State Bar Association.

The program was attended by business-minded individuals such as accountants and tax advisors, attorneys, estate planners, wealth managers, mediators, and those who are involved in small to mid-sized businesses located within the State of New Â鶹´«Ã½. The diverse speakers provided valuable information and networking opportunities that will allow one to grow business and client base.