In the News
New Jersey Estate Tax Repeal
As a result of a compromise with Democratic leaders in the New Jersey Legislature, Governor Christie recently signed legislation that includes a number of changes to New Jersey’s estate, income, and sales and use tax laws. The highlights of the new law include a phase out of the New Jersey estate tax by January 1, 2018 and an increase in the gas tax by 23 cents per gallon beginning November 1, 2016. To read the full client alert, click here.
Berkowitz Lichtstein Negotiates Favorable Agreement with Rutgers University
As reported on the front page of The Star-Ledger, Berkowitz Lichtstein recently concluded a negotiation with Rutgers University on behalf of the Associate Alumnae of Douglass College (the "AADC"). Under the agreement, the AADC will continue to steward the nearly $40 million Douglass Fund trust, retain its physical presence on the Douglass Campus, and continue its nearly 100 year-old legacy of supporting women's education. Partners, Lawrence Neher and Lance Eisenberg, and Associate, Eric Carosia, led the team in this matter of significant public importance.
Berkowitz Lichtstein Wins Appeal on Member LLC Dispute
A unanimous Appellate Court affirmed the dismissal of a lawsuit by a departing member of a medical practice seeking compensation beyond what the practice's membership agreement provided; the departing member had also asserted various claims for money damages against the practice. Berkowitz Lichtstein attorneys Stewart Leviss, Eric Melzer and Evan Silagi successfully argued that the departing physician’s demands for reinstatement and access to the surgery center were properly dismissed by a trial court and that the physician’s claims for any damages or additional buy-out payments for his membership interest should be decided in an arbitration, not at a civil trial. Click here for the Appellate Court’s decision in Ames v. Premier Surgical.
Four of our partners -- Lance Eisenberg, Stewart Leviss, Lawrence Neher, and Jay Thibodaux -- have been included in the 2016 edition of New Jersey Super Lawyers. Stewart Leviss was named among the Top 100 New Jersey lawyers.
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