New Law Significantly Limits Viability of Certain Shareholder Derivative Suits in New Jersey On April 2nd, New Jersey Governor Chris Christie signed bill A-3123 into law and in doing so, significantly revised the law in New Jersey regarding shareholder derivative proceedings under N.J.S.A. §14A:3-6, etseq. The stated purpose of the new law is to temper derivative lawsuits brought by shareholders against a corporation, its directors or majority shareholders and to make efforts

New Jersey’s Revised Uniform Limited Liability Company Act — What all owners of New Jersey LLCs Need to Know What is the New Jersey’s Revised Uniform Limited Liability Company Act? The Revised Uniform Limited Liability Company Act (“RULLCA”) replaces and expands New Jersey’s Uniform Limited Liability Company Act (“NJ ULLCA”) which was originally put in place to govern limited liability companies in January of 1994. RULLCA was officially enacted on March 18, 2013, and, at lea

Support may be growing for allowing cybertheft victims to “hack back.” What are the privacy concerns of allowing hackbacks? OlenderFeldman’s own Rick Colosimo wrote an interesting post regarding a WSJ article describing the idea of hacking victims “hacking back” on his personal blog. He writes: The concept isn’t crazy (the article’s warning that hacking back at the Chinese Army might be trouble notwithstanding) — there is a general common law right to self-defense (you don’t

In response to questions from concerned business owners, we’ve compiled answers to some of the frequently asked legal questions regarding complying with the Affordable Care Act, or “Obamacare”. The Affordable Care Act: FAQ For Business Owners Many businesses are still unaware that they must assess this year whether they are required under the Patient Protection and Affordable Care Act (“ACA”) — otherwise commonly referred to as “Obamacare” — to provide affordable healthcare t

OlenderFeldman was interviewed by U.S. News and World Report about when to give out your social security number and how to protect it, so that you can protect your privacy. Most people get requests for their social security number on a regular basis, and it is often difficult to understand whether you are required to give that information or when it’s purely optional. In a recent U.S. News and World Report article, Aaron Messing provided some tips about determining when that

The Supreme Court of New Jersey held that individuals have a reasonable expectation of privacy in their cell phone location data under the NJ state constitution and that “cell-phone location information, which users must provide to receive service, can reveal a great deal of personal information about an individual.” In a turn that is becoming less and less surprising given the trailblazing nature of the New Jersey Supreme Court, the Court recently ruled in State v. Thomas W.

Effective April 1, 2014, businesses with a New York City office that have 20 or more employees working out of such office are required to provide five paid sick days per calendar year to their employees. (The law will expand to employers with 15 or more employees starting October 1, 2015.) Businesses with fewer employees working out of an office in New York City do not have to provide paid sick time, but must allow their employees five unpaid sick days. The purpose of this

Sharing is Caring, but Not Always in the Case of Cookies – CA Governor Signs the Country’s First “Do Not Track” Disclosure Bill by Angelina Bruno-Metzger On September 27, 2013, bill AB370, now known as the “Do Not Track” disclosure law (“DNT”), was officially signed into law by Governor Jerry Brown. This law will impose new and additional disclosure requirements on commercial websites and online services that collect personally identifiable information (“PII”) on users. “Do N

California Expands Existing Data Privacy Breach Law By Angelina Bruno-Metzger Governor Jerry Brown recently signed bill SB46 into law, which amends California’s data breach notification law by expanding the definition of “personal information.” The current law requires alerts to be sent to consumers when a database has been breached in a way that could expose a consumer’s social security number, driver license number, credit card number(s), or medical/health insurance informa