Interesting news for Haddonfield restaurants. Thanks to a recently approved initiative called the Alcohol Management Plan for Retail Outlets, restaurants in Haddonfield are now able to offer wine by leasing a portion of their business only to New Jersey-based wineries. If you are a restaurant owner in town, our attorneys can assist owners connect with … Read More »
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It Could Be Your Neighbors. It Could Be You
With the New Jersey foreclosure rate being one of the highest in the country, it’s not unusual for people to find themselves packing up and moving from their homes because of insurmountable debt. A recent report from RealtyTrac shows NJ has the fourth-highest foreclosure rate in the country, with foreclosure filings on one in every … Read More »
Tax Time for Business Owners: Do You Need to File a Special Allocation?
When people say the only constants in life are death and taxes, it’s probably not a coincidence. No one, other than the IRS, likes taxes. However, because filing taxes for your small business can be confusing, it’s important to get a handle on the guidelines as early as possible. You don’t want to miss a … Read More »
Foreclosures in New Jersey; We Are No. 1!
When it comes to foreclosure rates, there is nothing good about the recent statistics revealed by the Mortgage Bankers Association. Though the federal government announced in February that the national foreclosure rate is declining, it seems New Jersey might have been left out of the rebounding. Apparently, NJ is officially at the top of the … Read More »
Short Sales: Is the Time Worth the Effort?
When you are excited about buying a new home, the last thing you are looking for is a long, drawn-out process that leaves you with lots of questions and few answers. However, good things do come to those who wait…especially if you and your family have the patience to wait for a bank’s decision in … Read More »
Good News for New Jersey’s Real Estate Market
Finally, there’s something positive to say about New Jersey’s real estate market. Real estate experts are predicting a late “spring housing market” for most of the New Jersey-Philadelphia region. Historically, beginning as early as February, the housing market gains momentum; more houses are available and more buyers are looking. It’s a win-win for all. Sometimes … Read More »
Is It Possible to Expedite a Short Sale?
The short sale process – selling/buying a home for less than is owed on the loan – is often a long drawn-out process that could easily try the patience of anyone. The bank needs to approve the offer; there’s piles of paperwork to fill out; and there are often other lenders who need to be … Read More »
John Rothamel Receives “40 Under 40” Award
Congratulations to partner John Rothamel for being named 2014 40 Under 40 by SNJ Business People. Each year, the monthly business publication recognizes individuals under 40 whose outstanding commitment and continued dedication makes South Jersey the best place to live, work, and raise a family in the areas of business, leadership, education, and philanthropy. Mr. … Read More »
New Jersey’s New LLC Law Became Effective on March 1, 2014
The effective date of New Jersey’s Revised Uniform Limited Liability Company Act (“RULLCA”) was March 1, 2014. The new LLC law is fully effective as of March 18, 2013 for newly formed LLCs and will be applied to all LLCs effective March 1, 2014. The differences are significant enough to warrant a thorough review of … Read More »