A NJ Partnership That Owns Real Estate is Subject to a Petition Action by its Partners
In this case, three partners owned three properties as tenants in common in Newark (tenants in common means they each own a percentage of …
Do Not Fail to Provide Your Partner with an Accounting if Demanded
Plaintiff and defendant formed a partnership to rent property to various tenants. When plaintiff asked defendant for his share of the rental profits and …
You Don’t Lose Your Status as a Partner if You Assign Your Partnership Interest to Your Revocable Trust
Four dentists formed a partnership to acquire and maintain a dental office building. The then-partners amended their agreement to allow one of the partners …
What is the LLC Buy-Out Standard?
By Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold Township, Monmouth County, New Jersey LLC Attorney The New Jersey Revised Uniform …
Online Business Reputation and Defamation Cases: Part 5 ON APPEAL
By Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold, NJ Business Litigation Attorney In this 5 part series, I have discussed …
Online Business Reputation and Defamation Cases: Part 4 Breach of Contract Cause of Action: Trial Level
By Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold, NJ Business Litigation Attorney In this series I have discussed a case …
Online Business Reputation and Defamation Cases: Part 3 The Defamation Cause of Action: Trial Level
By Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold, NJ Business Litigation Attorney Previously in this series I discussed the dissolution …
Online Business Reputation and Defamation Cases: Part 2 Overview of Evidence and Pre-Trial Motion
By Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold, NJ Business Litigation Attorney In Part 1 of our series, we learned …
Online Business Reputation and Defamation Cases: Is there a Legal Remedy for Business Reputation Defamation? Part 1
By Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold, NJ Business Litigation Attorney Often landlords and tenants have problems with each …
Converting a Sole Proprietorship to LLC in New Jersey
By Fredrick P. Niemann, Esq. of Hanlon Niemann, a Freehold, NJ LLC Attorney There are a number of benefits to operating a business as …
Understanding New Jersey’s Limited Liability Partnership Act
By Fredrick P. Niemann, Esq. of Hanlon Niemann, a Freehold, NJ Partnership Attorney What is a Limited Liability Partnership? A limited liability partnership (LLP) …
NJ LLC MEMBERS TAKE NOTICE: PROBLEMS ARISING IN FAMILY-OWNED LLC’S
By Fredrick P. Niemann, Esq., a NJ LLC Law Attorney Many individuals look up to family-owned LLC businesses, as they have been a staple …
Should My Family-Owned LLC Consider Independent Directors?
By Fredrick P. Niemann, Esq., a NJ LLC Attorney It’s no surprise that more and more family-owned LLCs are being created in today’s society, …
Family-Owned NJ Partnerships Must Be Aware Of Potential Problems That May Arise
By Fredrick P. Niemann, Esq., a NJ Partnership Attorney Family-owned and run enterprises have been the cornerstone of American business for a long time. …
NEW JERSEY LLC DISPUTES
By Fredrick P. Niemann, Esq. a New Jersey LLC Attorney An LLC lawsuit may be useful when you feel members of an LLC have …
BUSINESS PARTNER DISPUTES IN NEW JERSEY
By Fredrick P. Niemann, Esq. a New Jersey Business Attorney Do you feel that your business partner has been taking advantage of you or …
Shareholders Beware: Problems Arising in Family-Owned NJ Corporations
By Fredrick P. Niemann, Esq., a NJ LLC Attorney Many individuals look up to family-owned businesses, as they have long been a staple in …
Board of Directors Differs Between Family-Owned and Public Partnerships
By Fredrick P. Niemann, Esq., a NJ Partnership Attorney Family-run partnerships differ from publicly-held partnerships in their chain of command. Family-run partnerships are run …
The Disadvantages To NJ Family-Owned LLCs
By Fredrick P. Niemann, Esq., a NJ LLC Attorney Even with the plethora of big corporate businesses out there today, family-run enterprises remain the …
ARBITRATION CLAUSES BECOMING MORE POPULAR AMONG NJ LLC MEMBERS
By Fredrick P. Niemann, Esq., a NJ LLC Attorney As a member of a New Jersey LLC, placing an arbitration clause in your NJ …
MAJORITY OWNERS OF NEW JERSEY LLCS OWE FIDUCIARY DUTY OF LOYALTY TO OTHERS IN THE BUSINESS
By Fredrick P. Niemann, Esq. a New Jersey LLC Attorney Limited Liability Companies have become increasingly popular in New Jersey throughout the last decade. …
PARTNERSHIP DISPUTES IN NEW JERSEY
Partnership Disputes are fairly common in the world of business. Trade secrets, embezzlement, conversion and business disparagement are some of the most common causes …
LLC Minority Shareholders Have Rights against Oppression
By Fredrick P. Niemann, Esq., a New Jersey LLC Attorney LLCs often involve a small number of shareholders who comprise ownership of the business. …
Taxation Often Presents Difficulties For Business Owners Seeking to Pass Their Business to Their Child
Business owners work hard to create a successful business. They often look forward to retiring and passing along their business to their children. This …
Get it in Writing: A Contract Story Gone Bad
By Fredrick P. Niemann, Esq. a Contract attorney Two executives held a meeting; the agenda was about forming a new business together. The discussion …
A Buy-Sell Agreement Should Always Include a Clause Dealing With Sudden Unexpected Departures
By Fredrick P. Niemann, Esq., a NJ Shareholder Agreement Attorney Every business should have some sort of buy-sell agreement, regardless of its size. However, …
How to Protect a Security Interest in a New Jersey LLC
By Fredrick P. Niemann, Esq., NJ LLC Attorney How to perfect a security interest in an LLC membership interest depends on …
LLC’S, SHOULD IT BE YOUR ENTITY OF CHOICE?
Business people and those starting up new ventures are checking into the benefits of limited liability companies (LLC’s) as the preferred form of business …
Did You Know? Piercing the Corporate Veil Applies to Limited Partnerships
By Fredrick P. Niemann, a NJ Parnership Law Attorney When people create a corporation, limited liability company, or limited partnership as their business, they …
LLC’s: Piercing the Limited Liability Company Veil – Members Beware
By: Christopher J. Hanlon, Esq. New Jersey law has recognized the remedy of “Piercing a Corporate Veil” for almost as long as the corporation …