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 | 33 N. Main Street | Marlboro | NJ 07746 | T: 732-490-8200

News & Insights

Our Latest Blogs

The Corporate Transparency Act: What Is It, and How Does It Affect Small Businesses?

Investors with business entities have had the flexibility to maintain their privacy about the ownership and control of LLCs, LPS, and corporations. However, the Final Rule under the Corporate Transparency Act (CTA) changes these obligations significantly. This is by divulging previously private information concerning the ownership and control of various business entities. This blog will discuss what the CTA is and how the CTA will impact small businesses.

Enacted on January 1, 2021, by congress, this new anti-money laundering legislation imposes extensive reporting requirements for beneficial owners of most entities. The Act aims to provide significant transparency of legal entities to pinpoint and tackle illegal activities. These include money laundering, terrorism financing, and related illicit activities.

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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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Should Your Startup Be an LLC or Corporation?

Search Google for the best legal entity for your new startup, and you will get different opinions. Startup advisors and CPAs will probably recommend a limited liability company (LLC). That’s because an LLC isn’t subject to double taxation and is easier to set up.

On the other hand, many startup lawyers will recommend the C-Corporation structure (typically a Delaware C-Corp) because corporate law is typically more “stable,” equity (stock) ownership is passive, and the entity is more structured.

How you choose to incorporate your startup business will have massive implications down the road. This blog explores the basic advantages and disadvantages of each option.

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