News & Insights

More NJ Case Law on LLCs Would Aid Attys, Litigants, Biz

In a recent article for Law360, Archer partner Gianfranco Pietrafesa, a member of the firm's Business Counseling Group, highlights the lack of New Jersey case law interpreting the New Jersey Revised Uniform Limited Liability Company Act (NJ-RULLCA). Since LLCs are the most widely used business entity in the state, the limited number of published opinions creates uncertainty for attorneys, litigants, and businesses seeking clarity on key governance and statutory issues. ...read more

When the Statute is Your LLC Operating Agreement

In this article, author Gianfranco Pietrafesa cautions against forming a New Jersey LLC without legal guidance, noting that while it's easy to do online, it may lead to unintended consequences. He concludes by emphasizing the importance of hiring an experienced attorney to draft a proper operating agreement, as relying on default state laws (NJ-RULLCA) may result in terms that don’t align with the members' intentions. ...read more

The Importance of Corporate Meeting Minutes

In this article, attorneys Gianfranco Pietrafesa and Jiyoung Won highlight the importance of meeting minutes for both legal compliance under New Jersey law and sound corporate governance. It outlines when minutes should be prepared, what they should include, and emphasizes that attorneys should consult the New Jersey Business Corporation Act and key legal texts to ensure proper documentation practices. ...read more

For Now, the Corporate Transparency Act Applies Only to Foreign Companies

On March 21, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued a press release with its interim final rules addressing the Corporate Transparency Act (“CTA”). On March 26, 2025, the interim final rules were published in the Federal Register. Also, FinCEN published two alerts as well as Questions and Answers about the final interim rules. ...read more

The End is Near for the Corporate Transparency Act

As we noted in our advisory on Friday, February 28, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued a statement announcing that: ...read more

FinCEN Says no Fines or Penalties for Failing to File by Current Deadlines

As we noted just a week ago in our advisory, companies required to file beneficial ownership information (“BOI”) reports with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) under the Corporate Transparency Act (“CTA”) generally were required to do so by the new filing deadline of Friday, March 21, 2025. ...read more

Gianfranco A. Pietrafesa Nominated as Fellow of the American College of LLC & Partnership Attorneys

Archer & Greiner is pleased to announce that partner Gianfranco (“Franco”) A. Pietrafesa has been nominated as a Fellow of the American College of LLC & Partnership Attorneys (“the College”). This prestigious honor is a testament to Franco’s exceptional achievements in the field and is reserved for attorneys, judges, and professors who have achieved prominence in limited liability company and partnership law and demonstrated leadership within the legal profession. ...read more

Gianfranco Pietrafesa Appointed to Law360 New Jersey Editorial Advisory Board

Archer is pleased to announce that legal news publisher Law360 has appointed Gianfranco A. Pietrafesa, a partner in the firm’s Mergers & Acquisitions and Business Counseling Groups, to the Law360 New Jersey Editorial Advisory Board. The board is composed of leaders in their field who are uniquely positioned to provide feedback and share insights into New Jersey’s legal market helping inform Law360’s coverage. Gianfranco will serve as one of only 11 attorneys that have been chosen for the board. Law360 New Jersey is a daily online news resource that provides analysis and updates on the latest legal developments, trends, deals, litigation, and policies impacting New Jersey. ...read more

Gianfranco Pietrafesa Recognized by New Jersey State Bar Association

Gianfranco A. Pietrafesa, a partner of the firm and a member of its Business Counseling and M&A groups, was recognized by the New Jersey State Bar Association (NJSBA) on December 12, 2024 for appearing on behalf of the NJSBA as amicus curie in the New Jersey Appellate Division in Patel v. New Jersey Department of Treasury. The case involved an issue of first impression under New Jersey’s LLC statute, NJ-RULLCA, and resulted in a published opinion (479 N.J. Super. 26 (App. Div. 2024)). Gianfranco was a member of the select committee that drafted New Jersey’s LLC statute, has written and lectured extensively on NJ-RULLCA, and is considered an authority on the subject. ...read more

Business Law from A to Z

Partner Gianfranco Pietrafesa will be presenting the session “Choice of Entity and Formation Documents” at the National Business Institute program, Business Law From A to Z. ...read more

Choice of Entity and Formation Documents

Partner Gianfranco Pietrafesa will be presenting the session “Choice of Entity and Formation Documents” at the National Business Institute program, New Jersey Business Law 2026. The presentation will focus on entity formation and document drafting, including the following topics: ...read more

LLC's from A to Z

Archer partner Gianfranco Pietrafesa will be presenting the NJICLE program “LLC’s from A to Z.” This seminar will guide New Jersey attorneys working with business clients through the lifecycle of an LLC. ...read more