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Philip L. Chapman
Education and General
Background
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Education:
Horace Mann School, New York City (1953); Princeton University (Cum Laude, 1957); Harvard
Law School (1960).
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Practice History:
 | On June
1, 2003, Mr. Chapman joined the firm of Lum,
Drasco & Positan, LLC. |
| January 1993 to
May 31, 2003: Partner in Chapman, Henkoff, Kessler,
Peduto & Saffer now Chapman, Kessler, Peduto & Saffer, LLC, Roseland, New Jersey.
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| February
1981-December 1992, Partner in Klein, Chapman, Chester, Di Ianni, Greenberg, Henkoff &
Siegel, later known as Klein Chapman, Clifton, New Jersey. Managing Partner, 1981-1988.
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| May 1968-June 1970 (Associate), July 1, 1970-February 1, 1981 (Partner),
Hannoch, Weisman, Stern & Besser, later known as Hannoch Weisman, Newark, New Jersey. |
| June 1961-May 1968: Associate, Hellring, Lindeman & Landau, Newark, New Jersey.
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Admitted to the New Jersey Bar 1961.
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| Areas
of Concentration:
Ares of expertise
include counseling family owned and other closely held businesses in all aspects of
business and corporate law, partnership and limited liability company law, the buying and
selling of businesses, acquisition of franchises, commercial transactions, corporate
counseling, all aspects of real estate transactions, including commercial leasing,
agreements with real estate brokers, and real estate auctions.
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| Listed in
"Best Lawyers in America" as one of best corporate
lawyers in the State of New Jersey.
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| Law
Related Activities:
| Member of Board of
Trustees of the Corporate and Business Law Section of the New Jersey State Bar
Association, 1979 to the present. |
| Lecturer for
the New Jersey Institute of Continuing Legal Education (the "ICLE")
on the topics of the organization, purchase and sale of businesses.
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| Member of ICLE's
Curriculum Advisory Committee, 1989-1997.
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| Lecturer for
the New Jersey State Bar Association, the New Jersey
State Bar Foundation, the New Jersey State Society of Certified
Public Accountants, The CPA Club of New Jersey and
to various accounting firms for continuing professional educational credits, on
various topics, including, formation of businesses, the sale and purchase of
businesses, acquisition of franchises, shareholder buy-sell agreements, second stage
financing of closely held corporations,
and commercial leasing. |
| Author,
"Safeguarding
The Buyer's Claims Against the Seller and its Shareholders Arising After a Business has
been Purchased for All Cash", April 1997 issue of
M & A
Today, reprinted with permission of M & A Today, in the April '97 issue
of the Newsletter of the Corporate and Business Law Section of
the New Jersey State Bar Association.
Also, "Safeguarding the Buyer's Post-Closing
Claims for Indemnification" in the December 2002 issue of the New
Jersey lawyer and "Preparing Your Business for
Financing" in the April 2003 issue of the "Forum", the national
publication of Renaissance Executive Forums. |
| A Member,
1977-1983, of three person committee which authored the New Jersey Nonprofit
Corporation Act, Title 15A, which became law on October 1, 1983. Lecturer for
ICLE on Title 15A |
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