Dissolving a business is a significant decision that business owners may consider at some point in their careers. You may dissolve your business because of financial challenges, changing priorities, or because you achieved what you set out to do. Businesses can also be dissolved on application to the Superior... read more
Key Takeaways There are circumstances in which a member of a limited liability company in most states may be expelled as a member from the company. This is known as involuntary dissociation. An action may be brought by the LLC seeking a court order of involuntary dissociation on the... read more
You want a prenuptial agreement, but you’re not sure where to start. You’ve heard such agreements protect assets, but what should you include? What should you avoid? Understanding what to include in a prenup is key to making sure it meets your needs. You may also wonder if a... read more
Overview of Frazier v. Walmart Corp. Inc. In Frazier v. Walmart Corp. Inc., No. CV 21-18147 (ZNQ) (RLS), 2025 WL 456917 (D.N.J. Feb. 11, 2025), the District Court of New Jersey granted summary judgment pursuant to Rule 56 to the defendant due to the plaintiff’s failure to prove actual... read more
Planning for the future is important, especially when it comes to finances and marriage. You might be wondering if you should get a prenuptial or postnuptial agreement. Maybe you’re engaged and considering a prenup or already married and thinking about a postnup. You may also want to know: Is... read more
You know you need to open a trust account, but figuring out the right one for your needs can be confusing. You want to protect your assets and make things easier for your loved ones, but the legal terms can be perplexing. One of the biggest challenges is understanding... read more
A recent decision from the Superior Court of New Jersey held that the New Jersey First Act (“Act”) and its residency requirements are unconstitutional in their present form. The New Jersey First Act mandates that all state employees, including teachers, must reside in New Jersey within a year of... read more
Does an Integration Clause Void Terms from an Earlier Written Contract? An integration clause states that a contract is the final and complete agreement, preventing contradictions or additional terms from prior agreements. It is also called a merger clause. The standard integration clause in a contract is often looked... read more
Profit distributions are a frequent source of dispute among the members of a limited liability company. The fundamental question of who decides when distributions are made, how much is made, and how to deal with the tax issues related to distributions, profits and losses can all be the source... read more
Whether you built a business from the ground up or acquired it another way, there comes a time when every business owner has to move on. When you want the business to continue without you, that often means selling it. So you need to find a buyer who will... read more
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