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 […]
JMS partner, Timothy Lyons, has been re-certified by the Supreme Court of New Jersey as a Certified Civil Trial Attorney.
JMS partner, Timothy Lyons, has been re-certified by the Supreme Court of New Jersey as a Certified Civil Trial Attorney, an honor bestowed on less than 1% of the attorneys in New Jersey. Certification is granted by the Supreme Court only to trial attorneys who are capable of displaying an advanced level of knowledge, […]
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 […]
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. […]
The Appellate Division said that while Salerno Duane cannot compel arbitration due to their failure to pay the administration fees in the matter, that other provisions of the agreement remain intact. Read More
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 […]
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 […]
NJSBA Board of Trustees Takes Action, Welcomes New Members, Bids Farewell to 2020-2021 NJSBA Preside
The New Jersey State Bar Association’s governing body welcomed five new trustees to its ranks at its gathering at the Annual Meeting and Convention in Atlantic City. The new trustees are: Alexandra Gallo; Cory Rothbort; Asaad K. Siddiqi; Jessica Ragno Sprague; Jennifer McAndrew Vuotto. The trustees also expressed gratitude to NJSBA 2020-2021 President Kimberly A. […]
Democrats have until 10 PM to file an appeal with the New Jersey Supreme Court By David Wildstein, April 28 2022 9:51 am A state appellate court will allow Passaic County Republicans to replace their candidate for sheriff on the June 7 primary ballot but told the county clerk that she can hold off printing […]