Firm Insights

Deciding to end a business partnership is rarely an easy decision. After all, you have likely poured significant time and money into the venture. The partnership dissolution process can also be challenging, particularly if you and your partner don’t see eye to eye. To minimize legal headaches when terminating a partnership, it is imperative to […]

Cannabis microbusinesses have a smaller footprint than a regular cannabis business, concerning its business operations, capacity, and quantity of product. To help foster their development, New Jersey’s cannabis regulations establish certain incentives for a micro license NJ, including significantly lower licensing costs. Getting any startup off the ground is no easy feat. To take advantage […]

What Does CERLA Stand For? What does CERCLA stand for? It stands for The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and is often at the center of the most complex environmental law matters. So, what is CERCLA and how can it impact you? CERCLA, also known as Superfund, governs the cleanup of hazardous […]

The federal government’s authority to regulate wetlands has been the subject of frequent litigation. In Sackett v. Environmental Protection Agency, 598 U.S. ____ (2023), the U.S. Supreme Court clarified the reach of the Clean Water Act (CWA), specifically the meaning of the phrase “the waters of the United States.” Under the Court’s new test, the […]

The Environmental Protection Agency (EPA) has finalized reporting and recordkeeping requirements for Per- and Polyfluoroalkyl Substances (PFAS) under the Toxic Substances Control Act (TSCA). In accordance with obligations under TSCA, the EPA is requiring any person that manufactures (including import) or has manufactured (including imported) PFAS or PFAS-containing articles in any year since January 1, […]

New Jersey’s cannabis industry continues to face a rapidly evolving legal landscape. Key cannabis law 2024 updates include the Biden Administration’s plan to reschedule cannabis and efforts to regulate the expanding market for intoxicating hemp products. Because cannabis businesses still face ongoing challenges related to licensing, accessing capital, and tax deductions, partnering with an experienced […]

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 […]

Most Broadway and off-Broadway productions require the licensing of third-party rights. Whether you are looking to turn an existing literary work into the next award-winning musical or incorporate a popular musician’s song into your production, you will need to obtain these rights. Because negotiating licensing rights can be a daunting endeavor, it is always advisable […]

A shareholder derivative action is a lawsuit brought by one or more shareholders on behalf of the corporation, usually against its officers or directors, when the company has a valid claim but refuses to pursue it. Any recovery goes to the corporation, not the shareholder who filed suit. Key takeaways Investors increasingly rely on derivative […]

The Securities and Exchange Commission’s (SEC) enforcement strategy recently took a significant hit from the U.S. Supreme Court. In SEC v. Jarkesy, 603 U.S. ____ (2024), the Court held that when the SEC seeks civil penalties against a defendant for securities fraud, the Seventh Amendment entitles the defendant to a jury trial. Accordingly, such actions must […]

A New York LLC dispute that has lasted nearly three decades shows what happens when co-owners never sign an operating agreement: the court, not the members, ends up deciding how the business is valued and divided. Rosenblum v. Rosenblum is a cautionary tale for every closely held business, family-owned or not. Key takeaways The latest […]

The U.S. Supreme Court upended four decades of precedent when it recently issued its decision in two consolidated cases, Loper Bright Enterprises v. Raimondo and Relentless v. Department of Commerce. Now that the Court has abandoned the Chevron doctrine, federal courts may no longer defer to administrative agencies’ interpretations of ambiguous or broad statutes. The […]