Is a contract legally enforceable if the signatures are not witnessed or notarized? Consider the following... The writing requirement. As a threshold matter, the general rule is that oral contracts are, in fact, legally enforceable. Thus, it follows that, as a...
When business owners seek to dissolve their entities in an orderly fashion, they may find that the process will take much longer, and cost much more, than they thought. Consider the following... Dissolution, then and for now... Most New Jersey business...
There's the rule, and then there are the exceptions... Most businesspeople know that conducting business through a limited liability company (LLC) or corporation shields their personal assets. That is, as a general rule, LLC...
There can be special challenges in new ventures. A business venture often faces significant budgetary constraints in its start-up phase. Thus, prospective business partners commonly seek to manage legal expenses by retaining a single attorney. So, what’s the problem?...
I am often asked whether state or federal filings are required to effectuate a "simple" transfer of ownership in a privately held corporation or limited liability company (LLC) to a family member or affiliated corporate entity. The question often...