Posted in Probate Litigation, Trusts & Estates
During a Will contest, a party challenging a Will may assert that the Will was the product undue influence being exerted over the decedent by the party who benefited by the disputed Will. The question arises: What is what is undue influence and how can it be demonstrated? This blog… Continue reading
Posted in Business & Commercial Law, Real Estate
In January 2024, Governor Phil Murphy signed into law the Community Wealth Preservation Program (CWPP), amending N.J.S.A. 2A:50-64 & N.J.S.A. 22A:4-8, which expanded the rights of certain purchasers before and at sheriffs’ sales of residential properties and made comprehensive changes to the foreclosure sale process for both residential and non-residential… Continue reading
Posted in Bankruptcy & Creditor's Rights
2024 holds much anticipation. The Fed rate hikes have started to reduce inflation, yet some prices remain high. Unemployment figures persist at record lows despite many large employers cutting back. Continuing supply chain issues persist as China reopens in the face of its COVID crisis. And consumer spending is tightening… Continue reading
Posted in Investment Management & Securities
Last week, the Enforcement unit of the SEC’s Boston branch commenced Marketing Rule sweeps, notifying affected firms to preserve and produce records. Although I have no empirical proof thereof, I am assuming that they are using AI to comb through advisory firm web sites. I am currently addressing a few… Continue reading
Posted in Business & Commercial Law, Litigation, Pennsylvania Law Monitor
The fact that commercial transactions can very easily become complex is not a novel statement. When financial institutions lend money to commercial entities, the basic documentation required to evidence the loan, promise to repay, and perfect security interests in any collateral is a measurable amount of paperwork. When the specifics… Continue reading
Posted in Investment Management & Securities
New Rule 14Ad-1 requires all institutional investment managers (i.e., including registered investment advisers that manage client assets-see below) that are 13F filers to report say-on-pay votes on the new version of Form N-PX when voting on the approval of executive compensation, including, but not limited to, “golden parachute” compensation. The term “golden parachute” generally refers… Continue reading
Posted in Business & Commercial Law, Business & Corporate
When the New Jersey Limited Liability Company Act originally went into effect in January 1994, the Internal Revenue Service required that a limited liability company have at least a majority of the characteristics of a partnership in order to be taxed as a partnership rather than a corporation. The IRS… Continue reading
Posted in Investment Management & Securities
On February 13, 2024, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a rule to combat criminals and foreign adversaries from exploiting the U.S. financial system through investment advisers (the “FinCEN Rule”). The FinCEN Rule will add system transparency and help law enforcement identify risks from anonymous… Continue reading
Posted in Injury Law, Motor Vehicle Accidents, New Jersey, Personal Injury, Vehicle Accident
Every parent’s worst nightmare came true this past Tuesday in Medford Township in Burlington County, New Jersey when a school bus dropping students off after school collided with a utility truck. According to news reports, the crash happened around 2:53 p.m. at the intersection of Hawkin and Skeet roads in… Continue reading
Posted in Injury Law, Motor Vehicle Accidents, Personal Injury
Being involved in a car accident can be a terrifying experience, often leaving you in a state of shock and confusion. However, taking the right steps immediately after a collision can help mitigate damages and ensure your protection. In this blog post, we’ll guide you through the essential actions to… Continue reading
