Category Archives: Litigation

Valuing Employee Equity

As business lawyers, we frequently get questions from our clients about types of equity incentives and valuing equity: Can an employee have options granted at $0.01? Can we give “free” stock to a new executive? The short answer is that yes, a company can do either of those things.  However, because of often-overlooked tax consequences, your new executive or employee is…
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Defined Terms? Fuhgeddaboudit!

In September 2016, the Oxford English Dictionary (“OED”) added the word “fuhgeddaboudit”, among others, as part of its quarterly update.  The term is defined as: “In representations of regional speech (associated especially with New York and New Jersey): ‘forget about it’, used to indicate that a suggested scenario is unlikely or undesirable.”  However, anyone who…
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Personal Information and Privacy Protection Act – New Jersey State

Personal Information and Privacy Protection Act - New Jersey State On September 15, 2016, the New Jersey Senate unanimously approved a bill that restricts the collection and use of personal information by retailers for certain purposes.  The bill is known as the “Personal Information and Privacy Protection Act.”  [https://legiscan.com/NJ/text/S1913/id/1419389/New_Jersey-2016-S1913-Amended.html]   The law provides that a retailer…
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