Happily Business Divorced 2023 – Successful Business Divorce

Category: On Demand

Member Price: $208

Non-Member Price: $260

Product Code: ON130923

Areas of Law: Business

CLE Credits
NJ CLE:NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4.5 hours of total CLE credit, including 1.0 in Ethics (Full Credits Available: NJ Ethics: 1.0, NJ General: 3.5).
NY CLE (t&nt):NY Ethics Non-Transitional: 1.0, NY Professional Practice Non-Transitional: 3.5
PA CLE:PA Ethics Credit: 0.5, PA Substantive Credit: 2.5
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program.



Jay R. McDaniel, Esq.
Weiner Law Group LLP, Parsippany


Hon. James J. DeLuca, JSC (Ret.)
Harwood Lloyd, LLC, Midland Park
is counsel at Harwood Lloyd LLC in Hackensack and Ridgewood, New Jersey, and New York City, and brings 45 years of legal experience to the firm’s Alternate Dispute Resolution and Mediation Group. He focuses in mediation and arbitration services, and also manages complex litigation, including serving as a Special Discovery Master and Special Fiscal Agent and/or Receiver. Appointed to the New Jersey Superior Court in 2015, he served in the Law and Chancery Divisions and sat in Hackensack, New Jersey, prior to his retirement.
nJudge DeLuca is admitted to practice in New Jersey, New York and North Carolina. Prior to being appointed to the bench, he was a Partner in Okin, Hollander & DeLuca, LLP, where he represented clients in commercial litigation, bankruptcy, arbitrations and mediations. He is a frequent lecturer on chancery and probate matters.
nJudge DeLuca is a graduate of Queen’s College (City University of New York) and Notre Dame Law School.
Joel Bogorad, Esq.
Weinberg, Lieberman & Co., Fairfield
Amy Gould, Esq.
Weiner Law Group, LLP, Parsippany

No one starts or joins a business expecting it to fail or, worse, expecting it to succeed and go on without them. However, irreconcilable business relationships are a fact of business life. A business break-up requires a lawyer to use their skills as negotiators, litigators and transactional attorneys.

Business owners, no matter the business structure, owe duties to one another while the relationship is ongoing. They also have duties during any wind down of the business and can create personal liability if they are not careful about how they treat their partners and fellow business owners.

This program will help you shepherd your clients to a successful breakup so you can send them into a happy post-divorce future. Learn from an experienced panel of speakers consisting of seasoned transactional attorneys, an esteemed retired chancery judge and a business valuation expert as they provide you with the solid information you need and answer your questions.

Topics include:

• An overview of business divorce
• Permissible scope of non-competition clauses, if any
• General rules of corporate governance that apply, and those that do not
• Navigating the entity v. individual distinction in business divorce litigation
• The distinction between equity and non-equity partners
• Oppressed shareholder, partner and limited liability member actions
• Solicitation of clients
• Fiduciary duties of a departing lawyer
• Best practices to avoid litigation in family-owned businesses
• Asymmetry of value and personal good will – what happens to value when partners have unique value
• The unfinished business doctrine and other ongoing duties owed to clients
• Collection and division of fees
• Charging liens and equitable lien


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