Following principles of strict statutory construction and refusing to “unsettle a decades-long understanding in this State,” on January 26, 2015, the New Jersey Supreme Court unanimously ruled that there is no statute of limitations for private claims for contribution brought under the New Jersey Continue Reading
Private Equity: SEC Custody Rule—One Size Does Not Fit All
As a result of the Dodd-Frank Act, since 2012 investment advisers that operate pooled investment vehicles such as hedge funds and private equity funds with $150 million of assets under management became subject to the Investment Advisers Act of 1940 (the Act).1 An investment adviser that is Continue Reading
Preparing for and Recovering from Winter Storm Juno
Winter storm Juno is expected to hit this evening and last through Wednesday, impacting businesses from the Mid-Atlantic to New England. Millions may be affected by power outages and travel disruptions, and many may suffer property damage because of strong winds, coastal flooding, ice, and heavy Continue Reading
Supreme Court Refines the Federal Circuit’s Standard of Review for Claim Construction
It’s That Time Again! Tax Appeals in Connecticut: Know When to File
The deadline for appealing local property taxes in Connecticut is approaching. If you are considering appealing local property taxes this year, the following is a general explanation of Connecticut’s appeal procedure and deadlines. Real and personal property is assessed as it exists on October 1 Continue Reading
Better SAFE Than Sorry? A New Way to Finance Startups
The game for fledgling companies and their investors is early-round, seed-stage financings, and there’s a new player in town. Already embraced by West Coast venture capitalists and start-ups, SAFEs – Simple Agreements for Future Equity – appear to be headed east and poised to move alongside, and Continue Reading
New Jersey Tax Appeal Time
It is property tax appeal season in New Jersey. If you own or lease commercial, residential and/or investment property in New Jersey, now is the time to review whether you should file a 2015 appeal. If you own real property in New Jersey, by February 1 you will receive a Notice of Assessment from Continue Reading
Determining Standing in Light of the Federal Circuit’s Azure Networks, LLC v. CSR PLC Opinion
When it comes time to enforce a patent, it is imperative to determine who has standing to sue. Certainly, defendants may have an interest in seeking to exclude a plaintiff from a case based on standing for a variety of reasons (e.g., damages or venue). It is well settled that ordinarily, those who Continue Reading
The Government Procurement Review
QSBS Tax Incentives Extended…For Now
What Happened? In the wee hours of December 16th, Congress passed H.R. 5771, the Tax Increase Prevention Act of 2014 (“TIPA”), a stopgap measure that, among other things, retroactively extends certain tax incentives that expired on December 31, 2013. President Obama signed the bill into law on Continue Reading