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NJ Appellate Court restricts liability for directors under N.J.S.A. 14A:6-12

USA - May 30 2014 The New Jersey Appellate Court recently ruled that directors of a corporation were not personally responsible for the corporation's debts based upon...


New Jersey Supreme Court ruling regarding insolvent insurers could have significant impact on allocation of long-tail claims

USA - October 25 2013 On September 24, 2013, in Farmers Mut. Fire Ins. Co. v. NJPLIGA, N.J. , 2013 WL5311272 (2013), the New Jersey Supreme Court ruled that policy...


Uninvolved minority shareholders not oppressed based on prior course of conduct and reasonable shareholder expectations

USA - September 27 2013 In Goret v. H. Schultz & Sons, Inc., Docket No. A-4281-10T1, Supreme Court of New Jersey, Appellate Division, September 10, 2013, a group of minority...

Michael L. Rich.


Client list is an "asset" under the Uniform Fraudulent Transfer Act

USA - September 27 2013 In Del Mastro v. Grimado, Docket No. A-1433-11T4, Superior Court of New Jersey, Appellate Division, September 5, 2013, the Appellate Division...

Michael L. Rich.


3rd Circuit rules Madoff victims cannot sue SEC

USA - July 30 2013 The 3rd Circuit in Stanley Baer, et al. v. United States, No. 12-1319 (Decided July 1, 2013), affirmed the District Court's dismissal of an action...

Michael L. Rich.