How Best to Use Drag-Along Rights in LLC Agreements
A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.
Read More TextA drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.
Read More TextThe pre-emptive right gives that member the option to buy additional units to preserve that member’s overall interest in the LLC.
Read More TextRecently, the New Jersey Appellate Division held that an unsigned partnership agreement among medical doctors was not valid because it […]
Read More TextOn June 2, 2021, the New Jersey Appellate Division (DOCKET NO. A-2663-19; Judge Moynihan) upheld the judgment of the trial […]
Read More TextThe proceeds of a wrongful death action can be taxed by the NJ Division of Taxation. Care must be taken […]
Read More TextThe SECURE Act made sweeping changes to IRA distributions affecting estate plans for decedents dying on or after January 1, […]
Read More TextIn the only private letter ruling addressing incomplete gift, non-grantor trusts (“INGs”) in 2020, the IRS ruled that the subject […]
Read More TextWith proper planning you can take advantage of Qualified Small Business Stock and avoid recognition of significant gain on the […]
Read More TextNew Jersey has no effective estate tax, which means that transfers on death are not subject to a tax based […]
Read More TextIn New Jersey, the timing of a closing or other happening is generally not a material condition to the purchase […]
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