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...
If you were selling your car, you’d probably have it detailed or, at least, take it for a car wash. If you're considering selling your business, it is worth doing likewise. Even before offering the business for sale, there...
New Jersey’s partnership law has recognized limited liability partnerships (“LLPs”) for quite some time. However, as of December 2000, the partnership law was revised and the revision made LLPs an even more attractive alternative to the general partnership (“GP”)...
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...
The Corporate Transparency Act... In prior newsletters, I alerted readers that a recently enacted federal law, the Corporate Transparency Act (“CTA”), will require most existing and new corporate entities (e.g., corporations, limited liability companies, etc.) to submit to the United...