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Commercial leases can take a variety of forms, which is often confusing for both landlords and tenants. Understanding the different types, especially the gross lease structure, is important when selecting the lease that best suits your needs. One key distinction between lease types is how rent is calculated and paid. This article addresses the two […]

When launching a new business, choosing the proper legal structure is one of the most important decisions you will make. While partnerships can offer opportunities for entrepreneurs to join forces with like-minded individuals and get a business off the ground, it is important to understand the pros and cons of a partnership, as compared to […]

If you don’t correctly and completely dissolve your partnership, you could face liability long after your business closes its doors. Even when all partners agree to end the partnership, there are still numerous legal issues that must be addressed, from terminating contracts to distributing assets. Disagreements between partners can make the process even more challenging. […]

The New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (NJCREAMM Act or NJCREAMMA) authorizes and regulates the use of recreational cannabis in New Jersey. For existing and prospective New Jersey cannabis businesses, the law establishes a wide range of regulatory requirements, ranging from licensing to ongoing compliance. History of NJCREAMMA After failing to […]

Closing your business can be a difficult process no matter what the circumstances. After all, you have likely poured significant money, time, and effort into your business. While it may seem more costly and time-consuming, working with an attorney to dissolve your business formally is always a good idea. If a business dissolution is not […]

Disputes among members of a limited liability company (LLC) are not uncommon and can often be resolved outside of court. However, LLC disputes can sometimes escalate to the point that an LLC seeks to expel a member from the business. When seeking to remove a member, LLCs may rely on the provisions of their operating […]

The dissolution of a business partnership is not as simple as shutting the doors. Just like when launching a new business, there is a legal process that must be followed to ensure that you and your business don’t face unintended liability. In addition to reaching an agreement between partners to wind down the partnership, other […]