Tag: Scranton

Utilizing the Calm before the Storm – Suggested Steps to be taken in Advance of the Sale of a Closely-Held Business

By Paul T. Rushton, Esq.

The sale of a closely-held business is typically one of the most important and stressful events in a business owner’s life.  The dual challenge of addressing the requirements of selling a business while continuing to operate the business in its ordinary course can perhaps best be described as being in the “eye of a storm.”  This can be particularly true for a closely-held business that is managed by a small number of individuals without the assistance of in-house counsel and/or accountants. However, by taking the following steps before embarking on the sale process (or, in the “calm” before the “storm”, if you will), the owners and managers of a closely-held business can reduce the level of anxiety attendant upon a future sale of the business and minimize the prospects of incurring liability in connection with the sale:  

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Attorney Robert D. Schaub Secures a Substantial Monetary Award

SchaubRobert D. Schaub, Chairman of the Rosenn, Jenkins & Greenwald litigation department, recently secured a substantial monetary award for a client.  The client is a large facility management company with multiple locations. The Defendant is a landlord for commercial properties that refused to pay for services rendered.   The matter was litigated by way of private arbitration, and the award was for 100% of the amount sought. 

When litigation is inevitable, turning to a team of trial lawyers with extensive litigation experience is the best way to achieve results. The Litigation Department at Rosenn Jenkins & Greenwald, LLP consists of outstanding attorneys who are knowledgeable in various aspects of litigation. With many years of combined experience, these attorneys offer clients throughout Pennsylvania the skillful and determined representation they deserve to meet their legal needs.


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Lee S. Piatt, Esq., elected to the Board of Directors of Northeastern Pennsylvania Industrial Resource Center (“NEPIRC”).

Congratulations to our Partner, Lee S. Piatt, Esq., upon his election to the Board of Directors of Northeastern Pennsylvania Industrial Resource Center (“NEPIRC”). NEPIRC is a not-for-profit economic development organization that strives to improve the quality of life within an 11-county region of Pennsylvania by providing customized solutions and expert advice to businesses within the manufacturing and other high-growth, good-paying business sectors. Attorney Piatt and the other attorneys in our Business & Finance Department advise senior management and Boards of Directors of for-profit and non-profit entities throughout Northeastern Pennsylvania on matters involving corporate governance, succession planning, real estate and business acquisition, contract review, and other matters. If you would like to discuss issues involving your for-profit business or non-profit entity, contact Lee at 570-826-5600 or lpiatt@rjglaw.com.

NEPIRC President & CEO, Eric Esoda welcomes Lee S. Piatt, Esq.

Lee S. Piatt presents: “Choice of Business Entity.”

On Thursday, August 22, Lee S. Piatt, Esq., a Partner in our Business & Finance Department, and accountant Anthony J. Buczek, Jr. CPA of Allentown, will present “Choice of Business Entity,” a continuing education seminar for attorneys and accountants sponsored by Wilkes University and the Luzerne County Law & Library Association. The seminar runs from 1-5 PM, and will be held at The Woodlands Inn & Resort. Registration is available at the door or online . RJG’s Business & Finance Department works with clients to address the various issues that arise throughout the lifetime of a business organization, such as selecting the most preferable form of entity, formation and organization of such entity, corporate governance and management issues, transactions, succession, and dissolution. To learn more about the upcoming seminar or the services performed by our Business & Finance Department, contact Lee S. Piatt.

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2019 Pennsylvania Super Lawyers

We are proud of Attorneys Robert D. Schaub and Richard A. Russo who have been honored as 2019 Pennsylvania Super Lawyers.

Atty. Schaub was selected as a Super Lawyer in the field of Business Litigation. This is the seventh consecutive year Atty. Schaub has been selected as a Pennsylvania Super Lawyer.

Atty. Russo was selected as a Super Lawyer in the field of Personal Injury. In addition to having previously been named a Super Lawyer, Atty. Russo also has been recognized in The Best Lawyers in America© for five consecutive years.

Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The patented selection process includes independent research, peer nominations and peer evaluations.

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Two partners re-appointed to the Council of Business Law Section of the Pennsylvania Bar Association.

Lee S. Piatt and Paul T. Rushton, partners in our Firm’s Business & Finance Department, were recently re-appointed as members of the Council of the Business Law Section of the Pennsylvania Bar Association.

The province of the Business Law Section is the development and practical working of the law of the Commonwealth of Pennsylvania and of the United States, relating to business and nonprofit corporations, partnerships and associations, to banks and banking, and to the law relating to mercantile and commercial transactions, including the fields of bankruptcy, insolvency and receiverships and of business regulation law.

The Council is the governing body of the Section. Lee and Paul have previously served as members of the Council and are active in the Section’s Closely-held Business Committee (chaired by Paul), as members of the Title 15 Committee, and as contributors to the Section’s newsletter.