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 […]

Workout In The Age of The Pandemic

While the bombs were falling on London, Winston Churchill said, “We Have Nothing to Fear But Fear Itself”. Hard to have his self-confidence during these tumultuous times when your business is shut, your revenue is non-existent, your creditors are threatening foreclosure. Fortunately, as Charles Dickens said in the preface to his famous Tale of Two […]

Atlantic City Now Permits Drinking on Boardwalk and Other Designated Areas

Starting Friday, June 12, pursuant to Mayor Marty Small’s Executive Order No. 3, Atlantic City will permit residents and tourists to walk in designated Open Container Zones, including the Boardwalk, and consume take-out alcoholic beverages. The Open Container Zones are: The Boardwalk between Sovereign Avenue and Rhode Island Avenue; Non-residential areas of Gardner’s Basin; The […]

Saving on Insurance Premiums during COVID-19 Pandemic

Amid the coronavirus pandemic, many drivers have received refunds from their automobile insurers because they have spent less time on the road. Many small businesses might be surprised to find they are entitled to receive refunds on insurance premiums paid before and during the COVID-19 outbreak for other lines of insurance. Insurance policy premiums are […]

New Small Business Bankruptcy Options for the Post-COVID World

The global pandemic wears on, along with the inevitable public policy responses and follow-on effects. Signs of the resulting economic carnage are everywhere, and bankruptcy will be unavoidable for companies large and small. Even at this relatively early stage, several high-profile corporations have already filed for Chapter 11 protection. Hertz Rent-A-Car is the latest example, […]