• To enforce a claim for misappropriation of a trade secret, the plaintiff must prove that the information was secret and valuable. Plaintiffs in New Jersey can rely on either the common law or the New Jersey Trade Secrets Act.
• Secrets

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• An agreement that barred a lawyer from soliciting clients within a geographic area was unenforceable after the lawyer left the firm under the rules governing the professional conduct of attorneys.
• An agreement prohibiting a former associate attorney from soliciting clients

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• Well-drafted business governance documents include buy-sell agreements to address deadlock among the owners.
• A shotgun buy-sell is an offer that sets only the price.  It can be accepted as either an offer to buy out the other side or to

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• The removal of a member from a limited liability company, known as involuntary dissociation, is permitted by statute in most states and may also be permitted in an operating agreement.
• Removal is permitted when a member has engaged in wrongful

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• • A business divorce is the process by which the owners of a business separate their business interests.  The process involves negotiation and may also require litigation.
  • These cases can be divided into four phases: the emergent phase, the examination phase,

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• Limited liability company statutes often require the unanimous approval of the members before actions may be taken outside the ordinary course of business or for any amendment of the Operating Agreement.
• The requirement for unanimous action creates a minority veto

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