Mendham Township’s election dispute goes to court

HARRISON MALKIN, ASSOCIATE PRODUCER | JANUARY 3, 2023 | NJ DECIDES 2022, POLITICS Deputy Mayor Thomas Baio seeks to invalidate a number of ballots The outcome of a local election in a wealthy Republican-leaning town in Morris County continues to cause strife. Deputy Mayor Thomas Baio, a Republican, refused to concede to Democratic challenger Lauren Spirig after the […]

Business Divorce: New Jersey Appellate Court Reaffirms the Standard for Shareholder Oppression As the Minority Shareholder’s” Reasonable Expectations”

In a recent decision New Jersey’s Appellate Division addressed the standard of proof for minority shareholder oppression under New Jersey law.  In the decision of Matusow v. Iznec, et al., the court analyzed the parameters for what would constitute “the reasonable expectations” of a minority shareholder pursuant to New Jersey’s Minority Shareholder Oppression Act.  In […]

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 […]

BUSINESS DIVORCE:

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 […]