New Jersey LLC Law Deadline Looms

Posted in Business & Corporate

My colleagues Daniel J. Sheridan, Rachel Lilienthal Stark and I have collectively authored an important client alert about an upcoming law deadline that could impact all limited liability companies in the state of New Jersey. The New Jersey Revised Uniform Limited Liability Company Act (RULLCA) takes full effect on March 1, 2014 and it considerably changes many of the legal principles underlying the organization, governance and operation of limited liability companies.

If you know somebody that owns a limited liability company in the state of New Jersey, their business may be impacted by this new act and they should be directed to the full article here.