NJ Bulk Sales Notification Requirements
Russell B. Bershad, Director in the Gibbons Real Property Department and Peter J. Ulrich, a Director in the Gibbons Corporate Department, recently co-authored an article published in the New Jersey Law Journal entitled, “N.J. Bulk Sales Notification Requirements: Recent Changes and Guidance.” The article describes key issues of concern with applicability of the law which was broadened significantly in 2007 and then scaled back last fall.
The article outlines the notification and escrow process and also highlights potential pitfalls that arise in special cases. To read the complete article, click here.