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McDaniel & Park PC

Book value is not fair value in partnership buyout

USA - August 19 2011 Book value can have a few different meanings

New Jersey limited liability company laws undergo major revision

USA - October 5 2012 A new set of laws governing New Jersey limited liability companies will become effective in March

Stock certificate transfer claim rejected

USA - November 9 2012 One of the principles of corporate law that comes up with some frequency in shareholder disputes is that a share certificate is not an interest in a company, but only evidence of ownership

Intellectual property issues in distribution agreements

USA - March 31 2011 Distributors work hard to build the goodwill in a product with the expectation that they will profit from the increase in goodwill through increased sales

A UDRP order does not stop a reverse hijacking

USA - November 7 2011 A recent decision by a district court in Arizona demonstrates that trademark owners winning their claims pursuant to the administrative process under the Uniform Domain Name Resolution Policy (UDRP) do not automatically shield themselves from later suit in federal court

Stock certificate transfer claim rejected

USA - November 9 2012 One of the principles of corporate law that comes up with some frequency in shareholder disputes is that a share certificate is not an interest in a company, but only evidence of ownership

LLC mortgage may be challenged

USA - November 9 2012 A mortgage given by a New Jersey limited liability company to one of its members can be challenged by the purchaser in a court-approved sale of the business, the Appellate Division holds, reversing the trial court

Trademark counterfeiting case justifies asset freeze

USA - November 6 2012 The assets that may be frozen to fund an equitable accounting in a trademark counterfeiting case are limited to those necessary to disgorge profits, according to a recent decision in the Southern District of New York

Shareholder oppression claim requires trial

USA - November 6 2012 A motion for judical dissolution of a retail business based on the claims that the majority owner had oppressed the minority shareholders should be denied when the facts are in dispute

Buy-sell agreement to arbitrate is enforceable

USA - November 2 2012 Agreements to arbitrate are frequently added to buy-sell agreements and other corporate governance contracts