Banknig Alert July 2020

In This Issue:

• New Jersey Supreme Court Rules That Entire Controversary Doctrine Does Not Bar Party Who Is Successful on A Motion to Dismiss from Later Asserting Claims
• Appellate Division Affirms Denial of Additional Attorneys’ Fees and Sanctions in Connection with Fair Debt Collection Practices Act
• New Jersey Supreme Court Rules Debtor Can’t Affirmatively Use Fair Market Value Credit to Obtain Money Judgment Against Creditor

Sherman Wells Secures Another NJ Supreme Court Victory For Firm Client

For the second time this Term, Sherman Wells has secured a victory for one of its clients in a case before the New Jersey Supreme Court. Julian W. Wells and Jordan D. Weinreich represented firm client Bank Leumi USA on an issue of first impression regarding the scope of the entire controversy doctrine. In a unanimous decision, the New Jersey Supreme Court held that the entire controversy doctrine does not bar a party who files a successful motion to dismiss for failure to state a claim from later asserting claims that arise from the same transactional facts. 

 

Banking Alert June 2020

In This Issue:

• New Jersey Supreme Court Rules That The Uniform Fiduciaries Law Does Not Permit An Affirmative Claim Against A Bank
• New Jersey Appellate Division Refuses to Vacate Default in Promissory Note Action Seeking to Enjoin Sale of Property
• New Jersey Appellate Division Declines to Bar Foreclosure Action Based on Entire Controversy Doctrine

Corporate Alert March 2020

In This Issue:

• Cash Flow Assistance for Small Businesses: Potentially Forgivable Paycheck Protection Loans
• Tax Credits for Employers Who Provide Coronavirus-Related Leave
• Force Majeure Clauses and COVID-19
   

2020 Estate Planning Essentials Guide - NJ Edition

A broad overview of wills, trusts, estate and gift taxes, and important planning techniques and documents.

If you have questions, please contact any of the attorneys in our Tax and Trusts & Estates Practice Group. Nothing in this booklet should be relied upon as legal advice in any particular matter.

Tax and Trust & Estates Update February 2020

In This Issue:

• The New SECURE Act’s Effect on Estate Planning for Retirement Plans
• Relief from Federal Limitation on Deduction for State and Local Income Taxes for Some New Jersey Business Owners
• Private Foundation Excise Tax Rate Simplification – Law Change Effective 2020
• Misleading Notices from Third Parties of Annual Report Delinquencies for New Jersey Entities