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The defining feature of a nonprofit corporation is that it has no owners or shareholders.  But although nonprofits have no owners, they are not limited to charitable activities; they operate businesses of all kinds, such as schools, hospitals, clubs and trade associations. In New Jersey, as in most other states, nonprofit corporations are governed by […]

On January 31, 2019, the New Jersey Assembly approved Senate Bill 121. The vote was 64 in favor, four against.  There were four abstentions.  S 121 was approved in June 2018 by the New Jersey Senate, by a vote of 34 to one.  The bill now goes to Governor Phil Murphy, who is expected to […]

January 1, 2019 was a really big, red-letter kind of day for writers, composers, musicians, filmmakers and artists and creators of all kinds. Why? Because that’s the date on which works protected under the federal copyright laws prior to 1978 and published prior to January 1, 1923 enter the public domain. When a work enters […]

When is a contract a contract? In a recent case, the Appellate Division of the New Jersey Superior Court considered three possibilities. The case involved the sale of a parcel of vacant land. The seller drafted a real estate contract, and sent it to the buyer, Coddington Communities, LLC, a limited liability company with two […]

Indemnity clauses are ubiquitous in contracts of all kinds; from copier leases to multi-million (and billion) dollar deals, indemnity clauses are an integral part of a contract. No contract should be without one. The purpose of an indemnity clause is to shift or allocate liability between the parties to a contract, and they are always, […]