New Jersey Business Entity Selection, Formation & Governance

Produced on: December 04, 2017

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 81 minutes
Difficulty Beginner

There are many types of legal entities through which a business or professional practice may be operated. The characteristics of each entity can vary significantly. As a result, each structure has its own advantages and disadvantages. Legal practitioners can easily fall into a trap if they do not understand the sometimes subtle challenges each entity presents.

In this program, New Jersey business attorney Barry F. Gartenberg identifies the most widely used entities for businesses and professional practices, explains the process of forming New Jersey entities, and summarizes key aspects of how each entity is governed.


Learning Objectives:

  1. Identify and describe the various partnership, limited liability company, and corporation forms of entities
  2. Distinguish the basic differences between business and professional practice entities
  3. Describe the online and traditional entity formation process in New Jersey
  4. Summarize key aspects of how each entity is governed by default and documents that can be used to tailor entity governance to meet client needs


Faculty

Barry Gartenberg

Barry F. Gartenberg, L.L.C.

Barry Gartenberg is a solo practitioner in Springfield, New Jersey. His practice concentrates on offering legal advice and representation in a diversified range of business law matters, including entity formation; governance; partnership, operating and shareholder agreements; business sales, acquisitions and reorganizations; commercial real estate transactions; employment relationships; and business dissolutions. Prior to practicing law, Barry owned and managed a substantial metal trading business and he holds an MBA in finance and a BS in Business Management. Barry is a director of the Business Law Section of the New Jersey State Bar Association, a member of the Business Entity Committee of the Business Law Section of the New Jersey State Bar Association, and an officer of the Morris/Essex County Inn of the Transactional Counsel. In addition to being a NJICLE presenter, Barry is an adjunct professor and has taught well over one hundred undergraduate, graduate and post-graduate business law courses and programs.



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