Search Rutgers Law Library N.J. Court Opinions

1 JOSEPH C. MUSUMECI, v. DIRECTOR, DIVISION OF TAXATION, -- rank: 1000

... a distribution which would reduce the capital account to zero. N.J.S.A. 42:1A-45. On the other hand, if a partner’s capital account ...

docket:	000169-21
court:	NJ Superior Court Appellate Division
decided:	2023-03-28
status:	Unpublished
citation:
Document Size:	23953

2 JARWICK DEVELOPMENTS, INC v. JOSEPH WILF -- rank: 942

... not supported by any adequate legal basis.' Drawing guidance from N.J.S.A. 42:1A-45(a) and (b), the judge determined 'the valuation date is ... of the partners in accordance with their ownership interest. See N.J.S.A. 42:1A-45(a)(b). Thus, no ownership entity continues to operate the ...

docket:	a2799-14
court:	NJ Superior Court Appellate Division
decided:	2018-06-01
status:	unpublished
citation:
Document Size:	56773