W. Raymond Felton, Chair of the Corporate Department, and Lydia C. Stefanowicz, a partner in the Real Estate Department, will be on the faculty of the New Jersey Institute for Continuing Legal Education (NJICLE) Transactional Forum. The full-day program will be held at the Crowne Plaza in Fairfield, NJ on Thursday, April 27, 2017 from 9:00am – 5:00pm.
Mr. Felton will be panelist for a morning session on “Essentials of New Jersey LLC Formation,” scheduled for 9:00am – 12:35pm. Limited liability companies are often the entity of choice for New Jersey businesses. This seminar will address seven important topics related to LLC formation:
- Tax and Non-Tax Considerations
- NJ-RULLCA Provisions
- Fiduciary Duties
- Allocations, Distributions and Other Tax and Economic Provisions
- Management, Voting and Information Rights
- Buy-Sell Provisions
- Deadlock and Events of Dissociation
Ms. Stefanowicz is a presenter for an afternoon session on “Document Drafting: Avoiding Hot Water When Using Boilerplate Provisions,” scheduled for 1:30pm – 5:00pm. Boilerplate language is often used in contracts but is seldom carefully reviewed. This program will discuss factors to be considered when drafting contracts and negotiating agreements using boilerplate language, including:
- Indemnification and Insurance Clauses
- Choice of Law/Forum
- Restrictive Covenants/Confidential Information
- Warranty/Limitation of Damages
- Miscellaneous Clauses
- Ethics in Contract Negotiations
Mr. Felton concentrates his practice in the areas of corporate, LLC and partnership formation and operations, mergers and acquisitions, securities law, reorganizations, joint ventures, employment law, and the financing of transactions through both public and private equity and debt. He often serves as outside “in house” counsel, providing general legal advice on both day-to-day issues and major complex problems. His clients range from entrepreneurial start-ups to established middle market companies operating in a diverse variety of industries.
Ms. Stefanowicz concentrates her practice in the areas of commercial lending and real estate finance. She provides counsel to both lenders and borrowers in real estate acquisition, construction, permanent mortgage (including CMBS) and mezzanine financings. She has significant experience in real estate workouts and debt restructuring transactions, and represents real estate developers and investment funds in connection with the formation of joint ventures to acquire, develop, construct and manage properties. Ms. Stefanowicz also has extensive experience in negotiating and drafting third-party closing opinions, including as New Jersey or New York local counsel.
Additional program details and registration at: http://bit.ly/2ojo8lX