Morristown, NJ-based law firm Riker, Danzig, Scherer, Hyland & Perretti LLP has announced that counsel Debra Tama and associate Marc D'Angiolillo have been elected partners with the firm and that associates Stephanie D. Edelson, Craig L. Steinfeld, Mary Ellen Burke and Craig H. Feldman have been elected counsel with the firm.
Ms. Tama practices in the firm's New York office, focusing on products liability, insurance coverage and construction litigation. In addition, her practice includes commercial litigation, appellate work, and the counseling of insurers and manufacturers with respect to risk management and related issues.A significant portion of Ms. Tama's practice is devoted to German and other European insurers and manufacturers.
Mr. D'Angiolillo has considerable experience in complex commercial litigation through trial and at the appellate level. His areas of practice include construction and surety bond litigation, trade secrets and unfair competition and land use.Mr. D'Angiolillo is a former Judicial Intern to the Honorable Alfred M. Wolin, U.S. District Judge, in the District of New Jersey.
Ms. Edelson concentrates her practice in commercial litigation with an emphasis on disputes arising from corporate acquisitions, corporate governance, noncompetition issues, professional malpractice, and complex contractual claims. Mr. Steinfeld focuses his practice on commercial litigation, including lender liability, artists' royalty claims, and fuel storage tank litigation. Ms. Burke has extensive experience in tax matters related to the issuance of tax-exempt obligations, including those issued for state and local governmental units, tax-exempt organizations, multi-family housing projects, manufacturing facilities and other exempt facilities. Ms. Burke also has substantial experience in matters related to tax-exempt organizations. Mr. Feldman practices in Riker Danzig's real estate group, having extensive experience in the acquisition, development, leasing and sale of commercial, retail and industrial properties.He also represents lenders in all types of real estate financings.
The New Jersey Supreme Court recently held in Robert D. Borteck v. Riker, Danzig, Scherer, Hyland & Perretti LLP (A-31- 03) that Riker Danzig's partnership agreement sufficiently operates as a retirement plan and is therefore enforceable against Mr. Borteck, a former partner of Riker Danzig who left the firm at age 53 after 11 years with the firm for a competing law firm. Riker Danzig's retirement plan includes a minimum retirement age of 55, except for those who leave for public service. The case, which was decided in favor of Mr. Borteck in the lower courts, has enormous implications for law firms in New Jersey and across the country that invest capital in partnership retirement plans.
Glenn A. Clark, Riker Danzig's managing partner, successfully argued before the NJ Supreme Court that a law firm has the right to constrain partners from receiving retirement benefits if they leave the firm to practice in a competing firm. The Supreme Court has remanded the matter to trial court for resolution of Riker Danzig's counterclaims against Mr. Borteck.