NJ Business Owner Rights Blog
New Jersey Limited Liability Company Law & Forced Member Buyouts
In my prior blogs, I have addressed the importance of having an operating agreement for any business owner. Most importantly, for those operating as a limited liability company. I have also covered legislative changes in New Jersey with the adoption of the Revised...
Does an LLC’s Operating Agreement Control Valuation?
Will the terms of my operating agreement control valuation of my member interest in any future dispute even where the members have failed to follow it in the past? In short, probably. Think of the operating agreement for your limited liability company as the key to...
Should You Force a Shareholder Dispute Into Arbitration?
I’ve been in the unenviable situation of taking over a shareholder dispute where the client has been bogged down in litigation and has become frustrated with her counsel. It can be the case at times that majority members of an LLC or corporation freeze out a minority...
How the New Jersey LLC Law Impacts Your Business
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...
New Jersey Business Divorce Without the Drama
With over twenty years of experience dealing with New Jersey business divorce, I wish clients would contact me when they first thought about a business break-up. Too often, partners, co-members or fellow shareholders forego legal advice and instead try to "make a...
Partner and Shareholder Disputes – Welcome to the Peckar & Abramson Blog
When shareholder disputes arise between members of closely-held limited liability companies, or partners in a partnership, it is essential that an aggrieved person obtain legal representation from those with knowledge and skill in this highly specialized area of law....
