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New Jersey Corporate Legal Questions

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8 legal questions have been posted about corporate law by real users in New Jersey. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include corporate litigation, corporate taxation, and corporate governance. All topics and other states can be accessed in the dropdowns below.
New Jersey Corporate Questions & Legal Answers
Do you have any New Jersey Corporate questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 8 previously answered New Jersey Corporate questions.
Corporate Law
New Jersey

Recent Legal Answers

I’m reading that any Americans name written in capital letters is a corporation not the live person in flesh and blood?We’re trained to believe its us

Answered 4 years and 8 months ago by attorney Bruce Robins   |   1 Answer
You’ve either misunderstood what you’ve read or someone is prancing you.  Your name in caps is just your name.  If you want to create a corporation you’ll have to go through some formalities like filing paperwork and paying fees, and the entity’s corporate status will be indicated by something like “inc.” or “Corp.” at the end of its name. ... Read More
You’ve either misunderstood what you’ve read or someone is prancing you.  Your name in caps is just your name.  If you want to... Read More

Can you remain a corporate trustee if you have not attended meetings in 10 years?

Answered 11 years and a month ago by attorney Diana L. Anderson   |   1 Answer
The answers depends on the terms of the trust.  If there were meetings held and you did not attend, it is possible that this may disqualify you as a trustee.  In order to answer the question fully, you would have to look at the terms of the trust.
The answers depends on the terms of the trust.  If there were meetings held and you did not attend, it is possible that this may disqualify you... Read More

My Novel I wrote (still writing)

Answered 11 years and 3 months ago by attorney Diana L. Anderson   |   1 Answer
You can exercise your freedom of speech, but if you are an "at will" emplyee, you could be fired for no cause at all so if your employer does like what you wrote, you could still be fired.  
You can exercise your freedom of speech, but if you are an "at will" emplyee, you could be fired for no cause at all so if your employer does like... Read More

I am looking to form a non profit organization however only 2 people are involved

Answered 13 years and 2 months ago by attorney Diana L. Anderson   |   1 Answer
People wanted to do this in my town - it was controversial and I don't think it ever got off the ground.  Good luck to you.  Unfortunately, the requirements for a three person board are designed so that you have "back up" if you and the other person involved are not able to complete what needs to be done.  Have you considered seeking input/volunteers from the community?  Or other people from maybe the local SPCA or a veteranarian?  Try getting the third person on board before you start to do the formal documentation.... Read More
People wanted to do this in my town - it was controversial and I don't think it ever got off the ground.  Good luck to you. ... Read More

Want to create a LLC or LP with multiple limited partners or members for an extended period of time. Which is best? in what state?

Answered 13 years and 4 months ago by attorney Hilary B. Miller   |   1 Answer
It is generally cheapest to form the entity in the state where your principal place of business will be located. in most cases, there are few benefits to organizing in another state, see an attorney to discuss the appropriate form of entity, which depends on facts you have not set forth.
It is generally cheapest to form the entity in the state where your principal place of business will be located. in most cases, there are few... Read More

does a law license require a fee? if so, how much?

Answered 13 years and 6 months ago by attorney Diana L. Anderson   |   1 Answer
i'm not sure how to answer this question based on the information provided. If you are asking does it require a license to practice law, yes.  A lawyer must register and pay a fee.  this information is from the Office of Attorney Ethics website:   What must I do if I want to engage in the private practice of law in New Jersey? In order to engage in private practice in New Jersey, you must: a. pay the annual assessment;b. complete the attorney annual registration statement and keep the data current throughout the year;c. maintain a bona fide office under R.1:21-1(a);d. fulfill the requirements of R. 1:21-6, including trust and business accounts in an approved New Jersey financial institution; e. keep trust accounts IOLTA-compliant (R. 1:28A); and f. maintain required levels of malpractice insurance under Court Rules if practicing in a P.A., P.C., L.L.P., or L.L.C. ... Read More
i'm not sure how to answer this question based on the information provided. If you are asking does it require a license to practice law, yes.  A... Read More

If a non-compete agreement was signed in 1986, and the company has been sold 2x to different companies, is the agreement signed still binding?

Answered 13 years and 7 months ago by Mr. Richard Alan Alsobrook (Unclaimed Profile)   |   1 Answer
In order for the contract to still be valid, there needs to be language in the agreement stating that the contract is valid to any or all successors, and/or any assignment of the contract does not effect the validity of the contract.  You should speak with a local employment law attorney to determine if there are any state or local laws that also may impact the validity of the contract. This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.... Read More
In order for the contract to still be valid, there needs to be language in the agreement stating that the contract is valid to any or all successors,... Read More

I formed a New Jersey LLC. The members of the LLC are not American. Not US Residents. Do I need to apply for a FEIN number?

Answered 14 years and 7 months ago by William/J Joanis (Unclaimed Profile)   |   1 Answer
The FEIN issue is trivial compared to the federal tax and transfer pricing issues you are creating.  I have formed and represented numerous international corporations, and I am not sure of your objectives.  You may want to seek the assistance of someone who can provide you with direction.  ... Read More
The FEIN issue is trivial compared to the federal tax and transfer pricing issues you are creating.  I have formed and represented numerous... Read More
Corporate Law
New Jersey

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