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An Update on the New Business Rule in N.J.

Tuesday, January 8, 2013

New Jersey remains among the minority of states enforcing a rule barring the recovery by a new business of damages for lost profits caused by a tort or a breach of contract. However, this "new business rule" applies only in New Jersey's state courts, not in diversity cases filed in the Third Circuit based on New Jersey law.

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New LLC Act Has Potential Drawbacks

Friday, December 7, 2012

The author highlights some key changes and potential dangers of N.J.'s recently enacted Revised Uniform Limited Liability Company Act (RULLCA).

Introducing the Revised Uniform Limited Liability Company Act

Thursday, October 4, 2012

N.J.'s Revised Uniform Limited Liability Company Act is signed into law.

A Doctor's Predicament

Thursday, September 20, 2012

The dilemma of the two-person professional service corporation: Can one person be in charge?

Resolving Venue and Jurisdictional Conflicts in Franchise Matters

Wednesday, August 15, 2012

What happens when the provisions in a franchise agreement conflict with the New Jersey Franchise Practices Act?

Not Business as Usual

Tuesday, July 31, 2012

The Revised Uniform Limited Liability Company Act is a great departure from current law with regard to fiduciary duty.