Business Owner Rights
How the New Jersey LLC Law Impacts Your Business
Published Date: November 22, 2021
Members of any New Jersey company that operates as a LLC need to fully understand the 2012 Revised LLC Act. This New Jersey LLC law applies to all LLCs, whenever formed. The Act improved and filled gaps in prior New Jersey law. Likewise, the Revised LLC Act updated existing law that had become outdated. At its passage, the Act was [...] Read More
The COVID-19 Crisis Impacts LLCs and Partnerships
Published Date: November 1, 2021
We have suddenly found ourselves in troubled economic times in New Jersey due to the COVID-19 crisis. For the past two weeks, I have received many calls about partnerships and limited liability companies (“LLC”). People want to know if they can make capital calls, dilute or disassociate members, or take other measures to deal with our changing economic environment. The [...] Read More
COVID-19 and the Proliferation of Rogue Shareholders and Partners
Published Date: October 26, 2021
Its hard to believe that my 25th anniversary of practicing law (and handling partnership/shareholder disputes) would be like this. The COVID-19 pandemic has set off a wave of conflict between partners/shareholders/members of businesses in New Jersey. As such, festering problems have surfaced that, in some cases, went unaddressed for many years. Today, I write about what to do with rogue [...] Read More
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