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Steven Fuerst has more than 30 years' experience representing closely held business organizations and their owners as general counsel and business adviser, and is particularly well-versed in mergers and acquisitions and business divorces. In addition, Mr. Fuerst previously served as Chair of the Firm's Real Estate practice group. He has extensive experience in real estate development, financing, leasing, conveyancing, foreclosure, receiverships and other related areas. He has represented businesses in diverse sectors, including manufacturing, pharmaceuticals, health care, environmental consulting, professional services firms, real estate, telecommunications, wholesale distribution and retail sales.
Mr. Fuerst is recognized in Super Lawyers (2012) and in 2009 received the Somerset County Bar Association’s Professional Lawyer of the Year Award. This annual award is presented to an attorney who is committed the ideals of professionalism and is well recognized in the legal community for character and competence.
Speaking Engagements
- "Entrepreneurship Through Acquisition," Wharton Entrepreneural Program, University of Pennsylvania, November 29, 2010
- "Maximizing Your Effectiveness as a Testifying Valuation Expert in a Business Divorce Litigation," Steven Fuerst, Nicole Alabano and Robert Riley, AICPA National Business Valuation Conference, Washington, DC, November 7, 2010
- "Christopher Porrino and Steven Fuerst discuss 'Business Divorce'," Bloomberg Law Podcast, July 23, 2010.
- Co-presenter: "The Causes, Dynamics and Legal Framework of a Business Divorce," Essex County Chapter of the New Jersey Society of Public Accountants, East Hanover, NJ, November 13, 2009.
Representative Experience
- Represented long-time client LifeCell Corporation in its $1.7 billion sale to Kinetic Concepts, Inc. The all cash deal, structured as a front end tender offer with a back end merger, closed in 2008.
- Represented contract purchaser in dispute with owner and existing tenant in conjunction with purchase of U.S. headquarters of a multinational corporation.
- Represented majority owner of Investment Company in conjunction with redemption of minority interests.
- Represented a retail corporation in a shareholder dispute brought by minority shareholder that led to buy-out of plaintiff.
- Represented a corporation in the alternative energy business in conjunction with shareholder dispute.
- Represented the shareholder of a real estate corporation who, in conjunction with other shareholders composing majority ownership, were defendants in an oppressed shareholder action.
- Represented the principal owner of sports team in buy-out of minority owner.
- For one of New Jersey's largest telecommunications companies, obtained approval for a master site plan of more than two million square feet of office space customized for telecommunications uses. For the same client, handled the sale/lease back of a several million square foot office complex in conjunction with the sale of a major telecommunications business.
- Represented tenant in conjunction with the leasing and fit-up of a major telecommunications facility.
- Represented a minor league baseball team in the development and negotiation of a public-private partnership for the lease and construction of a baseball facility.
- Represent condominium developer on a major project for which we are providing counsel with respect to approvals, a dispute with the County Planning Board and complex transportation issues.
- Represented the Jersey City Medical Center on a ground lease and partial leaseback of a medical office building.
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Christopher S. Porrino and Steven Fuerst discuss the topic of "Small Business Divorce" in a Bloomberg Law Podcast.,
Bloomberg Law, July 23, 2010
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Steven B. Fuerst is highlighted for being named the Somerset County Bar Association's 2009 Professional Lawyer of the Year.,
Metropolitan Corporate Counsel, November 2, 2009
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Steven Fuerst comments on how current economic factors can contribute to problems between business partners and lead to business divorce.,
American Express Small Business Open Forum, October 7, 2009
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University of Pennsylvania School of Law
(J.D., 1970)
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Wharton School of Finance and Business
(B.S., 1967),
honors in Economics
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New Jersey
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- President, Somerset County Park Commission - led a complete revision of real estate and employment policies and procedures in 2007 and 2008 (2007-Present)
- Appointee, Supreme Court of New Jersey District Ethics Committee (2006-2010)
- President, Somerset County Coalition on Affordable Housing (1989-2000)
- Chair, Shared Services Committee, Somerset Alliance for the Future (1996 to 1998); Treasurer (1997-1998)
- President, Somerset County Bar Association (1983-1984)
- Former president and member of the Board of Trustees, Central New Jersey Jewish Home for the Aged
- Founding Board Member, Somerset County Special Olympics
- Major, USAR
- Assistant Deputy Public Defender of the State of New Jersey (1975-1977)
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