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Business Law

  • Nov 04, 2019Victor Elgort to Present on LLCs From Start to Finish for National Business Institute

    Victor S. Elgort, a Member of law firm Norris McLaughlin, P.A., will speak at the National Business Institute’s seminar, “LLCs From Start to Finish,” in Cherry Hill this month.

    About the Presentation

    “As an active member and contributor to the Institute, I am proud to once again present at a continuing education seminar hosted by NBI,” stated Elgort. He will lecture principally on “LLC or S-Corp Tax Considerations” and “How to Draft the LLC Operating Agreement,” focusing on formation issues, self-employment tax issues, qualified subchapter s subsidiaries, formation provisions, and more.

    The two-day seminar, approved for 14.40 NJ and 14 NY CLE credits, 12 PA CLE credits, and 14 CPE credits, will be held Monday, November 4 to Tuesday, November 5, at the Holiday Inn Philadelphia-Cherry Hill. For more information or to register, please visit the NBI website.

    About Victor Elgort

    Elgort often speaks at seminars on structuring complex LLC and partnership transactions. He is Chair Emeritus of the firm’s Tax Group, practicing out of all three Norris McLaughlin locations, as he is admitted in New Jersey, New York, and Pennsylvania. His practice concentrates on business law and tax planning, including the structuring of partnerships and joint ventures, tax-saving real estate and business exit strategies, executive compensation, and domestic and international estate planning matters.

    Elgort organized and created the first limited liability company in New Jersey.  He authored the standard form operating agreements and other documents for limited liability companies published by Julius Blumberg, Inc., including both the forms for use in New Jersey and the generic forms offered nationwide for limited liability companies.

    In addition, Elgort is a Fellow of the American College of Trust and Estate Counsel.  He frequently lectures at tax planning courses, including continuing education seminars. He has authored extensive material published by the NBI, Lorman Education Services, Professional Education Seminars, and other national seminar companies, including topics such as “LLCS: Beyond the Basics,” “LLC Business Law Bootcamp,” “LLCs: Advising Small Business Start-Ups and Larger Companies in New Jersey,” “Partnerships, LLCs and LLPs: Organization and Operation,” “Asset Protection Planning in New Jersey,” “Limited Liability Companies in New Jersey,” “Transferring Business Wealth,” “Administration of the Estate in New Jersey,” “Planning Opportunities with Living Trusts in New Jersey,” “New Jersey Probate: Beyond the Basics,” “A Practical Guide to Estate Administration in New Jersey,” and “Family Limited Partnerships and Limited Liability Companies in New Jersey.”

    Elgort received his undergraduate degree with high honors from Rutgers University, his J.D. with honors from Cornell University, and his LL.M. in Taxation from New York University. He is included in the Trusts and Estates section of The Best Lawyers in America© and has been named by his peers as a New Jersey Super Lawyer® in the Tax section.

    About Norris McLaughlin

    At Norris McLaughlin, over thirty business law attorneys spend all or most of their time in a variety of specialties within their field. The range of clients is broad, as are the legal services that the firm provides to them.

    Posted in: Business Law, News, Victor S. Elgort | Tags: ,

  • Oct 22, 2019Norris McLaughlin Named in Lehigh Valley Business 2019 Reader Rankings

    The law firm of Norris McLaughlin, P.A., is proud to have been ranked in the 2019 Lehigh Valley Business “Reader Rankings” for Best Business Law Firm, Mergers and Acquisitions, and Intellectual Property Firm.

    About the Rankings

    The 2019 Reader Rankings Awards, based on over 24,000 votes, were announced on October 2 at ArtsQuest at SteelStacks in Bethlehem.

    “We are proud to once again have the honor to be ranked by our clients and friends in the Lehigh Valley. These awards are a perfect example of how great our employees and clients are, whom we value very much,” said John N. Vanarthos, Chairman of the firm.

    About Norris McLaughlin

    At Norris McLaughlin, over thirty business law attorneys spend all or most of their time in a variety of specialties within their field. The range of clients is broad, as are the legal services that we provide to them.

    The firm’s mergers and acquisitions attorneys have structured, negotiated, and closed numerous U.S. and international transactions ranging from small-scale to complex multi-million-dollar deals. They have vast experience in all aspects of corporate transactions.

    The intellectual property attorneys at Norris McLaughlin are dedicated to providing sophisticated intellectual property counsel to domestic and international clients. Registered to practice before the U.S. Patent and Trademark Office, they have backgrounds in a broad range of engineering and sciences, including petrochemical, chemical, biochemical, biotechnology, electrical, mechanical, medical devices, and computer software and hardware. Many have worked in the field for 10 or more years, allowing them to provide all the expertise of an IP boutique within a large, full-service firm.

    In response to the changing needs of our clients and the business community, Norris McLaughlin merged with Tallman, Hudders & Sorrentino, the largest independent commercial firm in the Lehigh Valley, Pennsylvania. Since then, the firm has continued to grow, remembering its culture and our values. Norris McLaughlin and its attorneys have historically been committed to the Lehigh Valley community,where may attorneys, clients, and staff live and do business  – to make them better places to live, work, and play. The firm’s attorneys hold prominent leadership positions in various organizations throughout the Lehigh Valley and many have been honored for the work they do in the community.

    Norris McLaughlin is a full service, mid-sized regional law firm of 130+ attorneys with offices located in Bridgewater, Montclair, and Short Hills, NJ; New York, NY; and Allentown, Pennsburg, and Easton, PA. For more information, including a full practice area listing and attorney biographies, please visit www.norrismclaughlin.com.

    Posted in: Business Law, Intellectual Property, Mergers & Acquisitions, News | Tags: , ,

  • Jun 11, 2019Peter Hutcheon Appointed to the Four-Member Ad Hoc Subcommittee of ABA State Regulation of Securities Committee

    Peter D. Hutcheon, a Member of law firm Norris McLaughlin, P.A., has been appointed to a four-member ad hoc subcommittee of the State Regulation of Securities Committee of the American Bar Association’s Business Law Section to comment on the recently proposed Fiduciary Duty Rule of the New Jersey Bureau of Securities.  That proposed rule would hold broker/dealers and their representatives registered in New Jersey to a fiduciary duty standard differing from both federal law and the law of other states.  Hutcheon serves as the Liaison from the State Regulation of Securities Committee to the New Jersey Bureau of Securities.

    The State Regulation of Securities Committee aims to keep track of best practices and developments involving state and provincial securities laws, rules, and their administration, including the regulation of securities offerings, broker-dealers, investment advisers, issuers, and their representatives. The committee reports on rules, policy statements, and interpretations proposed by states and the North American Securities Administrators Association.

    Hutcheon practices primarily in the areas of business governance, commercial transactions, securities, banking, and finance.  He counsels managements of public and private companies including companies involved with the biotech and pharmaceutical industries, as well as banking institutions on governance matters and is an expert on indemnification and insurance issues affecting directors and officers.  Hutcheon represents clients seeking investment capital from private placements, venture capital and private equity deals, and firm commitment underwritten offerings of securities.  Many of these financings involve high-tech businesses. Hutcheon is experienced with securities matters ranging from stock options to dividend reinvestment plans, is familiar with bank regulatory matters, and has worked on mergers and acquisitions in the banking industry.  He is experienced in corporate and financing transactions and has represented both buyers and sellers in public and private corporate acquisition transactions, including public/private partnership financings, in deals involving over $2 billion.

    Hutcheon was a director for 22 years (including 2 years as chair) of the New Jersey State Bar, Corporate and Business Law Section, and has chaired the State Bar’s Banking Law Section.  He was chairman of the New Jersey Corporate and Business Law Study Commission from its inception in 1989 to 2002, providing reports and suggestions on business law developments to the New Jersey Legislature and the Governor.  He chaired the New Jersey Securities Advisory Committee appointed by the Attorney General from 1995 to 2001 and has served as the ABA’s Liaison to the New Jersey Bureau of Securities for over 38 years. Hutcheon has been appointed to the ABA Science & Technology Law Section’s Jurimetrics Journal Editorial Board for the past.

    HutcheonPeter is listed in the Corporate Law, Mergers & Acquisitions Law, and Securities Law sections of the current edition of The Best Lawyers in America and has been included on the list of New Jersey Super Lawyers in the Business/Corporate section every year since its inception in 2005.  Additionally, he has authored numerous articles on business-related law topics including limited liability companies, securities, and directors and officer’s liability.

    Hutcheon received his J.D., cum laude, from Harvard Law School and his undergraduate degree, magna cum laude, from Williams College.

    Posted in: News, Peter D. Hutcheon | Tags: , , , ,

  • May 22, 2019S. Graham Simmons III Named Honorary Chair of the 31st Annual Children’s Home of Easton’s Golf Tournament

    S. Graham Simmons III, a Member of law firm Norris McLaughlin, P.A., and Administrative Partner of the firm’s Pennsylvania office, was named honorary chair of the 31st Annual Children’s Home of Easton’s Golf Tournament, which took place on Monday, May 20 at the Northampton Country Club. Simmons has been a supporter and contributor to The Children’s Home of Easton since 2007.

    The Children’s Home of Easton is a nonprofit organization that provides long term care for children in need, as well as, assistance to their families. They provide a continuum of services, including group care and other family-like programs in a safe, compassionate atmosphere.  The professional staff guides, supports, and encourages the children to believe in their own self-worth and reach their full potential. For more information on The Children’s Home of Easton, please visit thechildrenshome.org.

    A business and real estate lawyer, Simmons serves both public and private sector clients on all types of M&A transactions, commercial and syndicated credit facilities, economic development projects, real estate transactions, leases, and corporate work.  He has represented clients across a diverse spectrum of industries, and is deeply experienced in the banking and financial services, health care, real estate development, economic development, and automobile dealership industries.  Simmons has been proud to represent buyers and sellers of businesses throughout Pennsylvania and beyond, as well as developers and lenders who have invested in the Lehigh Valley’s cities through incentives such as the Neighborhood Improvement Zone (NIZ) and the City Revitalization & Improvement Zone (CRIZ). He also serves as Solicitor to the City of Easton Parking Authority.

    Simmons has been recognized in Philadelphia Magazine as a Rising Star, a distinction for lawyers age 40 and under or who have been practicing fewer than 10 years, and reserved for no more than 2.5% of all attorneys in Pennsylvania.  He has been honored by Lehigh Valley Business as one of their annual Forty Under 40, which recognizes young professionals who exhibit talent and promise and have a well-documented track record of achievements in business. He is an active member of College Hill Presbyterian Church, and is a member of the Board of the State Theatre Center for the Arts in Easton, the Greater Valley YMCA, and of the Greater Easton Development Partnership, where he is the immediate past Chairman.

    Simmons earned his J.D. magna cum laude, Order of the Coif, from Villanova University School of Law in 2004, and his B.A. from Roanoke College in 2001.

    Posted in: Banking & Financial Services, Business Law, Economic Development Law, Health Care & Life Sciences, Municipal Law, News, Real Estate & Finance, S. Graham Simmons, III | Tags: , ,

  • May 08, 2019S. Graham Simmons III Named Pennsylvania’s Administrative Partner

    S. Graham Simmons III, a Member of law firm Norris McLaughlin, P.A., has been elected Administrative Partner of the firm’s Allentown, Pennsylvania office. He also serves Co-Chair the Business Law Group.

    As the administrative partner, Simmons will oversee the daily functions of the Pennsylvania office and work directly with the firm’s management committee.

    A business and real estate lawyer, Simmons serves both public and private sector clients on all types of M&A transactions, commercial and syndicated credit facilities, economic development projects, real estate transactions, leases, and corporate work.  He has represented clients across a diverse spectrum of industries, and is deeply experienced in the banking and financial services, health care, real estate development, economic development, and automobile dealership industries.  Simmons has been proud to represent buyers and sellers of businesses throughout Pennsylvania and beyond, as well as developers and lenders who have invested in the Lehigh Valley’s cities through incentives such as the Neighborhood Improvement Zone (NIZ) and the City Revitalization & Improvement Zone (CRIZ). He also serves as Solicitor to the City of Easton Parking Authority.

    Simmons has been recognized in Philadelphia Magazine as a Rising Star, a distinction for lawyers age 40 and under or who have been practicing fewer than 10 years, and reserved for no more than 2.5% of all attorneys in Pennsylvania.  He has been honored by Lehigh Valley Business as one of their annual Forty Under 40, which recognizes young professionals who exhibit talent and promise and have a well-documented track record of achievements in business. He is an active member of College Hill Presbyterian Church, and is a member of the Board of the State Theatre Center for the Arts in Easton, the Greater Valley YMCA, and of the Greater Easton Development Partnership, where he is the immediate past Chairman.

    Simmons earned his J.D. magna cum laude, Order of the Coif, from Villanova University School of Law in 2004, and his B.A. from Roanoke College in 2001.

    Posted in: Banking & Financial Services, Business Law, Economic Development Law, Health Care & Life Sciences, News, Real Estate & Finance, S. Graham Simmons, III | Tags: , , , , , ,

  • May 08, 2019Peter Hutcheon Reappointed to Jurimetrics Journal Editorial Board

    Peter D. Hutcheon, a Member of law firm Norris McLaughlin, P.A., has been appointed to the 2019-2020 Jurimetrics Journal Editorial Board.  Jurimetrics is the publication of the Science & Technology Law Section of the American Bar Association (ABA).  It is an international journal concerned with issues in all areas of law, science, and technology, including physical, biological, life, social, and behavioral sciences; engineering, aerospace, communications, and computers; logic, mathematics, statistics, and quantitative methods; use of science and technology in law practice, litigation, adjudication, legislation, and court and agency administration; and legal regulation and policy implications of science and technology.  Hutcheon has served as Associate Editor (1974-1977) and Editor-in-Chief (1977-1981) of Jurimetrics and has been a Member of its Editorial Board since 2011.  He also has held leadership positions with the Section of Science and Technology Law, including serving as Chair (1986-1987).

    The mission of the Science & Technology Law Section of the ABA is to provide leadership on emerging issues at the intersection of law, science, and technology; to promote sound policy and public understanding on such issues; and to enhance the professional development of the Section’s members.  The ABA is the largest voluntary professional association in the world, with nearly 400,000 members.  The ABA provides law school accreditation, continuing legal education, information about the law, programs to assist lawyers and judges in their work, and initiatives to improve the legal system for the public.

    Hutcheon practices primarily in the areas of business governance, commercial transactions, securities, banking, and finance.  He counsels managements of public and private companies including companies involved with the bio-tech and pharmaceutical industries, as well as banking institutions on governance matters and is an expert on indemnification and insurance issues affecting directors and officers.  Hutcheon represents clients seeking investment capital from private placements, venture capital and private equity deals, and firm commitment underwritten offerings of securities.  Many of these financings involve high-tech businesses. Hutcheon is experienced with securities matters ranging from stock options to dividend reinvestment plans, is familiar with bank regulatory matters, and has worked on mergers and acquisitions in the banking industry.  He is experienced in corporate and financing transactions and has represented both buyers and sellers in public and private corporate acquisition transactions, including public/private partnership financings, in deals involving over $2 billion.

    A long-time member of the ABA’s Section of Business Law, LLC, Partnerships, and Unincorporated Entities Committee, Hutcheon is one of three Observers to the Beneficial Ownership Task Force and was editor of the Committee’s newsletter, The PUBOGRAM, for 16 years.  He is the 2005 recipient of the Martin I. Lubaroff Award for his lifelong service to this Committee.  He was a director for 22 years (including 2 years as chair) of the New Jersey State Bar, Corporate and Business Law Section, and has chaired the State Bar’s Banking Law Section.  He was chairman of the New Jersey Corporate and Business Law Study Commission from its inception in 1989 to 2002, providing reports and suggestions on business law developments to the New Jersey Legislature and the Governor.  He chaired the New Jersey Securities Advisory Committee appointed by the Attorney General from 1995 to 2001 and has served as the ABA’s Liaison to the New Jersey Bureau of Securities for over 38 years.

    Hutcheon is listed in the Corporate Law, Mergers & Acquisitions Law, and Securities Law sections of the current edition of The Best Lawyers In America and has been included on the list of New Jersey Super Lawyers in the Business/Corporate section every year since its inception in 2005.  Additionally, he has authored numerous articles on business-related law topics including limited liability companies, securities, and directors and officer’s liability.

    Hutcheon received his undergraduate degree, magna cum laude, from Williams College and his J.D., cum laude, from Harvard Law School.

    Posted in: News, Peter D. Hutcheon | Tags: , , , , , , , ,

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