Experienced
50+ years of combined in-house and law firm experience.
Diverse
Represent individuals and businesses in 50+ industries.
Focused
One team, one goal; your business's success.

Our Practices

Why Choose Our NJ Business Lawyers?

With over 50 years of combined in-house and law firm experience, the business lawyers at Brown & Blaier, PC provide dependable legal solutions for problems that businesses of all sizes often encounter. Our mix of in-house and law firm experience has provided us a unique ability to balance the needs of a business with the law.

50+

Years of Experience

100+

Legal Entities Formed

400+

Trademarks Managed

5

Continents Represented

Get In Touch

Brown & Blaier, PC | 36-38 W Main Street | Suite 204 | Freehold | NJ 07728 | T: 732-490-8200

News & Insights

Our Latest Blogs

Key Provisions of an LLC Operating Agreement

When forming a multi-member Limited Liability Company (LLC) (i.e., an LLC with more than one owner), one of the most critical steps is drafting a comprehensive LLC operating agreement. This legal document sets the foundation for the business’s operations and management, and understanding its common provisions is crucial for any entrepreneur. In this blog post, we delve into some of these key provisions of an LLC operating agreement to help you navigate this important aspect of your business.

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Navigating a Shareholders Agreement

In the world of closely held corporations, a Shareholders’ Agreement (or Stockholders’ Agreement) is a pivotal document that governs the relationship among the shareholders of the corporation. A shareholders’ agreement may not be proper for every corporation. However, it is highly recommended for small and medium-sized businesses. Understanding the key elements of this agreement is crucial for any shareholder or prospective investor in a corporation. This blog provides a high-level overview of the common provisions found in a shareholders’ agreement.

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The Benefits of a PPM

Many individuals and business owners operate under the incorrect assumption that when looking to raise capital, they can simply sell securities to any person on the street. However, the general rule is that any public offering of a security must be registered with the SEC, unless an exemption exists.

For many small businesses, registration with the SEC is not feasible due to the expense. Luckily, several exemptions from registration are offered. Some of the most common exemptions are found under regulation D (specifically Rule 506, which is a Safe Harbor under Section 4(a)(2)). Yes, it’s confusing. A Private Placement Memorandum (or PPM) is a document that businesses use to take advantage of such exemptions.

Read on to learn more about PPMs and how they can benefit your business when raising capital.

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