Do You Need an Operating Agreement If You Are a Member of an LLC? YES!
You and your business partners just purchased an apartment building through an LLC. Everyone is excited and optimistic about the new business venture. Filled with this excitement and optimism, the partners overlook signing an Operating Agreement. That oversight has consequences that may be avoided if an Operating Agreement is signed. Here’s why. What is an […]
YOU’VE FALLEN AND YOU CAN’T GET UP!
By–Jack McDermott, Esq. In the practice of law we call these kinds of accidents “slip and falls.” But that is really a misnomer. You may have slipped. Tripped. Stepped into a pothole. Lost your balance on an uneven walking surface or slippery substance. You may have failed to see a hazard because of poor lighting […]
Buyer AND Seller Beware in Real Estate Sales
By Michael M. DiCicco, Esq. It is often stated that the purchase of a house is the average person’s biggest investment decision of their life. Because of the importance of the decision, a significant body of law exists that governs your rights and duties as a buyer or seller of real estate. That body of […]
What You Need to Know Before Buying in a Common Interest Community
By: Michael M. DiCicco, Esq. So, you are going to buy a single-family home, townhouse, or condominium that is in a “Common Interest Community.” Don’t worry, you are not alone. According to the Community Associations Institute, one in five Americans live in Common Interest Communities. Your rights and duties as an owner in a Common […]
Auto Insurance Companies Are Not Your Friends
By: Charles R. Mathis IV, Esq “I only looked away for a second,” says the driver who just crashed their car into yours. That second, unfortunately, may profoundly change your life. Now, through no fault of your own, you have a wrecked car, injuries, pain, inability to work, inability to do things that you are […]
Business Alert 2: The Classification of Workers as Employees Or Independent Contractors Matters
By: Michael M. DiCicco, Esq. EMPLOYEE OR INDEPENDENT CONTRACTOR? Whether a worker is an employee or an independent contractor has serious repercussions under New Jersey and federal wage and hour laws from the perspective of both the worker and the company. For example: a)employees are entitled to be paid overtime if they work more than […]
Business Alert #1
The Post-COVID-19 Commercial Real Estate Market By: Michael M. DiCicco, Esq. The industrialist and philanthropist, Andrew Carnegie said: “The wise young man…of today invests his money in real estate.” According to Mr. Carnegie more fortunes in the United States have been created through investment in real estate than any other business venture. How sage that […]
PHYSICIAN ALERT: PART III, HOW TO PACKAGE YOUR CLAIM TO THIRD PARTY PAYORS TO OBTAIN THE HIGHEST PAYMENT FOR MEDICAL SERVICES
Apple understands that packaging matters. The sleek iconic packaging of the iPad, iPod, and Mac laptop have contributed to sky rocketing sales for Apple. Steve Jobs credited packaging with the incredible success of Apple. Likewise, packaging of claims by physicians seeking reimbursement from third party payors matters. The right packaging of claims will enable physicians […]
PHYSICIAN ALERT Part II: HOW TO GET APPROVAL TO PROVIDE MEDICAL SERVICES AND PAID WHAT YOU’RE ENTITLED TO UNDER A PRIVATE MEDICAL BENEFITS PLAN
In 1997, Congress enacted the Employee Retirement Income Security Act (“ERISA”). ERISA sets standards for health plans created by employers, unions, and other private entities that provide medical coverage for workers. Today, ERISA health insurance is the single largest segment of the United States health insurance market. As an incentive for private parties to provide […]