The New Jersey Supreme Court reconfirms there is no standard or requirement to apply discounts in determining Fair Value for a business valuation.

BUSINESS DIVORCE: In litigation matters or disputes regarding business valuation of a corporate entity, the goal of establishing fair value by a court includes the discretion as to whether any “discounts” should be applied.  Typically, the usual discounts considered are marketability discounts, or control premium discounts.   One of the common scenarios in which the fair […]

<strong>BUSINESS DIVORCE:</strong>

The New Jersey Supreme Court reconfirms there is no standard or requirement to apply discounts in determining Fair Value for a business valuation. In litigation matters or disputes regarding business valuation of a corporate entity, the goal of establishing fair value by a court includes the discretion as to whether any “discounts” should be applied.  […]

Red Bank: Zipprich Conduct ‘Not Unlawful’

By JOHN T. WARD Red Bank Councilman Ed Zipprich did not “interfere” in the award of a trash collection contract two years ago, according to an unreleased report obtained by redbankgreen. Special attorney Scott Salmon’s report also says “there is evidence to suggest” that former business administrator Ziad Shehady was the the anonymous source of […]

CROSSING THE LINE: When Does Competition In Business Become “Unfair”?

In the business world it is readily understood that open competition is healthy where it is unrestricted and subject to free rein. It is encouraged to stimulate macro and micro-economic growth. Competition in a laissez-faire marketplace is intended to increase supply and lower price points, consequently affording consumers and purchasers with variety for goods and/or […]

Judge says Passaic GOP can swap sheriff candidates

Judge Ernest M. Caposela in his courtroom on April 18, 2018. (Photo: Nikita Biryukov for the New Jersey Globe). Caposella allows Maher to get on the June primary ballot By David Wildstein, April 25 2022 2:36 pm Passaic County Republicans will be able to put Mason Maher on the June primary ballot as their candidate […]

Mirandi will remain on Red Bank Council, judge orders

Ruling is victory for municipal chairman Edward Zipprich By Joey Fox, April 12 2022 5:25 pm An internecine battle among Red Bank Democrats has been resolved in municipal chairman Edward Zipprich’s favor, with a Superior Court judge ruling that appointed Councilwoman Angela Mirandi can remain on the borough council over the objections of a competing […]

Property owner, Wood-Ridge in land squabble

Borough trying to confiscate Willow Street site, lawsuit says Kaitlyn Kanzler NorthJersey.com USA TODAY NETWORK – NEW JERSEY A squabble between a property owner and the borough of Wood-Ridge over a small patch of ground has resulted in a federal lawsuit against the borough. The owner of Willow Street Properties is suing Wood-Ridge and its […]