Corporate Governance

“Business attorney in New Jersey reviewing financial documents and contracts for commercial debt collection support.”

Received Notice of Business Compliance Violation? Immediate Steps to Take

Seeing a letter from the "State of New Jersey Division of Revenue and Enterprise Services" or the "Department of Labor" in your mailbox rarely brings good news. When you open it to find a Notice of Business Compliance Violation, a Notice of Pending Administrative Dissolution, or a Tax Levy, panic is a natural reaction. But panic won't fix the problem. Ignoring the notice is the worst thing you can do—it can turn a correctable administrative error into the total loss of your business license. Here is how to navigate a compliance violation without losing your company.
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Co-Owner Making Decisions Without My Approval

Co-Owner Making Decisions Without My Approval in New Jersey

It starts small. Maybe they hired a new vendor without asking. Then they fired a key employee. Now, they are signing leases or taking out loans without even cc'ing you on the email. When a co-owner goes rogue, it creates chaos. But can they legally do that? The answer depends entirely on your business structure (LLC vs. Corp) and the specific governing documents you signed. In New Jersey, "majority rule" is common, but it is not absolute.
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