Can an unsigned agreement be binding? Limited Liability Company Operating Agreements… A limited liability company (LLC) operating agreement (OA) is, in the case of a multi-member LLC, an agreement of all the members of the LLC regarding the governance and...
Should alternative dispute resolution service companies be allowed to operate free of attorney ethics rules? Consider the following... ADR... In short, alternate dispute resolution ("ADR") refers to any means of resolving a dispute other than litigation. Common forms of ADR include...
Are your companies too close for comfort? A recent New Jersey case illustrates the principle that New Jersey courts may have jurisdiction over business entities if they "lead a double life" in New Jersey. Consider the following... The Case... The facts of...
SELLING A BUSINESS is a major decision. Business owners typically wrestle with this question when they ponder retirement or wish to pursue different business opportunities and interests. This article highlights the legal aspects and potential pitfalls of various stages...
Until this year, federal law did not require most small businesses to report information about the ownership and control of their companies. A new law has changed all that. Consider the following... The new law... On January 1, the National Defense...