New Jersey Enacts a Benefit Corporation Law
Apr 21, 2011
Benefit Corporation... It's Now Law in New Jersey New Jersey has just enacted a new law which provides for the creation of "benefit corporations." Benefit Corporations are a hybrid form of business c...
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Converting a Business From One Form to Another
Feb 16, 2011
Introduction A business entity (i.e., corporation, LLC, partnership, etc.) can transform its legal structure and tax treatment in a variety of ways: multi-step, single-step, intra-statute, and tax o...
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New Jersey Is Poised to Recognize a New Form of Business... The Benefit Corporation.
Feb 04, 2011
B Corporations New Jersey is poised to join the ranks of states that recognize Benefit Corporations, a.k.a. Benefit Corporations. The Benefit Corporation is a hybrid corporation which, in some ways, ...
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Selecting, Protecting And Using Business Names
Jan 24, 2011
SELECTION As a threshold matter, business names are governed by the law applicable to the legal structure of the business (e.g., sole proprietorships, general partnerships, limited partnership, limit...
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Selling A Business - Legal Aspects And Considerations
Jan 24, 2011
Sale vs. Dissolution Rather than selling the company, a business owner could, of course, wind-up and dissolve the company. However, in doing so, the business owner will not be able to fully realize t...
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Buying A Business Legal Aspects And Considerations
Jan 24, 2011
Buying vs. Starting a Business A chief advantage of purchasing a business (as opposed to starting one “from scratch”) is the opportunity to acquire goodwill. In essence, goodwill consists of a busine...
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An LLC Is Not A Corporation! Corporations And LLCs... A Brief Comparison
Jan 24, 2011
Historic Availability Corporations have been available in all states for many decades. LLCs have been available in New Jersey since 1994. By comparison, LLCs are relative newcomers. When LLCs first a...
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