Alabama Federal District Court Rules the Corporate Transparency Act Unconstitutional — What Does It Mean for Your Business?
by Steven Land, Esquire and Craig Panholzer, Esquire On March 1, 2024, the United States District Court for the Northern District of Alabama (the “U.S. District Court”) ruled that the Corporate Transparency Act (the “CTA”) is unconstitutional, adding uncertainty to the CTA’s application to, and effect on, millions of businesses. The CTA, which went into […]
Pulling Back the Curtains on Business Entities: The Corporate Transparency Act
By Michael Salad and Craig Panholzer Starting January 1, 2024, business entities will be required to disclose certain information as part of a new Federal law. The Corporate Transparency Act, §§ 6401-6403 of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021, Pub.L. No. 116-283 (H.R. 6395), 134 Stat. 338, 116th […]
Robert Salad and Brittany Bonetti included on 2023 Leading Business Attorneys by South Jersey Biz magazine
NJ Supreme Court Reinstated the “ongoing storm” rule: What does that mean for commercial property owners?
By: Louis Niedelman Last year I authored an article that commented upon a major change in New Jersey law as it applied to commercial property owners. The Appellate Division of the New Jersey Superior Court ruled last year that the “ongoing storm” rule of liability no longer protected commercial property owners from claims of fault […]
Cooper Levenson Business & Tax Law Group Counsel Linode through Acquisition by Akamai Technologies
Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced it has completed its acquisition of Linode. On February 15, Akamai announced an agreement for Akamai to acquire Linode in exchange for approximately $900 million. Cooper Levenson, P.A. represented Linode with a corporate and tax team led by firm President Robert E. Salad and […]
New Jersey High Court Reinstates the “Ongoing Storm” Rule for Businesses
Last year I authored an article that commented upon a major change in New Jersey law as it applied to commercial property owners. The Appellate Division of the New Jersey Superior Court ruled last year that the “ongoing storm” rule of liability no longer protected commercial property owners from claims of fault brought by persons […]
Alternate Names for Business Entities
March 29, 2021Michael Salad, Esq. | Craig Panholzer, Esq. We frequently receive inquiries from small-business owners about conducting business under a name other than its legal name. A business entity may conduct business in New Jersey under an alternate name (commonly referred to as a “fictitious name”) if statutory guidelines are met. An alternate name […]
Financial Planners Beware
August 8, 2020Michael Salad, Esq. | Craig Panholzer, Esq. In the world of e-mails and text messages, financial planners are often pressed to answer their clients’ questions immediately. Referrals and client retention are the lifeblood of financial planners. As a result, financial planners may unknowingly extend themselves beyond ethical and legal thresholds. This article provides […]
PREMISES LIABILITY FOR BUSINESS OWNERS
By Louis Niedelman, Esq. As a New Jersey business owner, you have certain defined responsibilities to people who are on your premises. New Jersey law classifies occupiers of premises as trespassers, licensees and business invitees. Your duty to protect these persons depends upon their status. Your responsibilities to a trespasser: A trespasser is defined as […]
Bankruptcies Rising Amid Continued Uncertainty—What You Can Do
We remain in uncertain times. While there is a growing sense of optimism fueled by promising signs on vaccines, treatments, and a new stimulus package, bolstered by the return of sports, many areas of the country are still badly affected by the pandemic. There is reason to be hopeful, but none of these positive developments […]