Cole, Schotz, Meisel, Forman & Leonard, P.A. News/Blogs Feed Dec 2020firmwise Restaurant Closing Checklist - COVID-19 Dec 2020Additional Resources Tips for Navigating New Jersey's New Adult-Use Cannabis Licensing and Regulatory Process Dec 2020News Change Order Requirements in Construction Contracts May be Waived Dec 2020Publications Do's & Don'ts of Hiring and Firing Dec 2020News've Got Next: Five Fresh Faces to Know in Bankruptcy Nov 2020News Schotz Prevails on Behalf of Assisted Living Network in Years-Long Membership Dispute Nov 2020NewsCole Schotz P.C. secured a major victory for client CareOne, LLC in a complex, five-year legal dispute around the removal of two minority members of the Delaware limited liability company that owns and operates assisted living and skilled nursing home facilities primarily throughout New Jersey.<br /> <br /> On November 23, the New Jersey Superior Court, Bergen County, Chancery Division granted summary judgment in CareOne&rsquo;s favor on all counts, including approving the company&rsquo;s claim for a declaratory judgment determining that the removal and buy-out of the minority members was authorized and appropriate. The Cole Schotz team was able to obtain the Court&rsquo;s approval of the approximately $500,000 buy-out for each minority member, who had demanded in excess of $36 million in the aggregate.<br /> <br /> The litigation spanned over five years in both federal district and state courts, involving novel issues under Delaware law. These included the propriety of the majority members&rsquo; amendment of the company&rsquo;s limited liability company agreement to insert a buy-out formula simultaneously with their vote to remove the minority members and whether that buy-out formula provided adequate consideration to the removed minority members under Delaware law. <br /> <br /> The Cole Schotz team that represented CareOne was led by <a href="">Michael D. Sirota</a> and <a href="">Warren A. Usatine</a> and consisted of member <a href="">Rachel A. Mongiello</a>, associates <a href="">Michael C. Klauder</a> and <a href="">Jeffery M. Sauer</a>, and paralegal Kathleen Ryan Sermabekian.<br /> leads cannabis sector rally fueled by hopes for reform under President-elect Joe Biden Nov 2020News CAP Workaround – An IRS Holiday Gift Nov 2020Publications$6 Billion Question: Which States Are Likely To Legalize Recreational Marijuana in 2021? Nov 2020Events Investigations and Who is Lying Live Webcast CLE Presentation Nov 2020EventsThe goal of Corporate Investigation program is to provide practical and example based approaches which can assist counsel in assessing both credibility, truthfulness and non-body language clues when conducting fact based interviews. Corporate investigations rise and fall based on statements and leads provided by participants with knowledge. How to approach a witness, questioning angles, and ultimately extracting details of a persons knowledge on relevant subject under review is key to a successful investigation. The program will emphasize specific examples of approaches, concerns, red flags, and questioning techniques to navigate the most challenging of interviews then using that information to pursue investigative leads.