The American Bar Association’s Section of Business Law’s quarterly law journal, The Business Lawyer, has just published (Volume 63, Number 2) a long-awaited Model Real Estate Development Operating Agreement with Commentary.  This publication culminates a more than four year project to provide the legal community with a comprehensive model document that explores and examines the issues that arise in the drafting of limited liability company agreements.  The published document is replete with commentary explaining and expounding upon nearly every one of its provisions.  As such, it gives comprehensive guidance as to current limited liability, tax, and other relevent law and incorporates a myriad of drafting and crafting tips.  Briefly speaking, it is framed around a complex, multi-use real estate development project with three hypothetical investors - a developer, a landowner, and a financial investor.  Ira Meislik has participated as a major contributor to this project from the outset and expects that the publication of this Model Operating Agreement will provide a valuable tool to practitioners who are confronted with the need to structure entity documents for complex development projects.

The April 2008 issue of Real Estate NEW JERSEY magazine has selected Ira Meislik to profile as one of New Jersey’s most prominent real estate attorneys.  In being selected, Ira joins 39 other New Jersey attorneys recognized for their skill and experience in handling real property matters.  The magazine focuses on his handling the needs of landlords and tenants, primarily within shopping centers and office properties.  Ira is a principal of Meislik & Meislik and maintains his office in Montclair, New Jersey.

On April 14 and 15, 2008, Karen Meislik faced over 100 newly admitted New Jersey attorneys and introduced them to the skills and methods required to successfully practice family law.  Her six hour program, presented over two days, was designed to help the program’s attendees meet their matrimonial training requirement under the New Jersey Supreme Court’s rules.  Karen, a principal of the law firm of Meislik & Meislik, is one of fewer than 200 attorneys certified by the Supreme Court as a matrimonial attorney.  She has been practicing family law, exclusively, for more than 20 years and was was chosen to conduct this program because of extensive experience and knowledge in this practice area. 

Mark Morfopoulos, the newest attorney at Meislik & Meislik, concentrates his practice in real estate and commercial business transactions.  He has extensive experience in leasing (from both a landlord’s and tenant’s perspective), sales, acquisitions, and financing, and has also negotiated a wide variety of personal service contracts.  Mark previously acted as in-house counsel for a Fortune 500 Company and has represented municipalities, businesses, and individuals in substantial domestic and international transactions throughout his 23 year career as an attorney.

Karen Meislik and Ira Meislik have each been selected to be listed among the New Jersey Super Lawyers listing published inside the April 2008 issue of New Jersey Monthly magazine.  Ira Meislik has been included in the Real Estate category each year since the Super Lawyer’s designation first appeared in New Jersey.  Karen Meislik, first designated in 2007, is listed among her Family Law colleagues.

These selections are the result of a rigorous multistep selection process.  After candidates are nominated in a statewide peer selection process, other are added following a review of legal trade publications and professional databases.  Then, each candidate is evaluated based on 12 indicators of peer recognition and professional achievement, including: transactions, experience, honors and awards, pro bono activity, scholarly lectures and writings, and bar activities.  Then, blue ribbon panels in more than 70 areas of practice evaluate candidates.  After background checks are completed, the final list represents less than 5% of the attorneys in New Jersey.

More information about each of these attorneys can be found at http://www.meislik.com