Mark J. Oberstaedt
Partner
Overview
Representative Experience
News & Insights
05.16.2024
Speaking Engagements & Seminars
Gianfranco Pietrafesa & Mark Oberstaedt to Speak on LLCs at NJ State Bar Association Annual Meeting
Partner Gianfranco Pietrafesa will be moderating his annual “What’s New with LLCs?” seminar at the New Jersey State Bar Association Annual Meeting. Gianfranco brings his extensive background on New Jersey LLC law to the panel having served on the select committee that drafted the New Jersey Revised Uniform Limited Liability Company Act. Joining him on the panel will be partner Mark Oberstaedt.
04.25.2024
In the News
Split Take on NJ 'Fake' Sale Case Disrupts Biz-Friendly Pattern
In the Law360 article, "Split Take on NJ 'Fake' Sale Case Disrupts Biz-Friendly Pattern," partner Mark Oberstaedt provides his thoughts on a New Jersey Supreme Court decision on a class action case rejecting "fake discounts" as a source of consumer fraud. The decision was a boon for the class action defense bar, but the takes of three dissenting judges and the Attorney General show that the state's largely business-friendly jurisprudence on what qualifies as an ascertainable loss isn't quite settled.
06.25.2023
In the News
Mark Oberstaedt Quoted in NJLJ Article, "In Retail Mark-Up Case, NJ Supreme Court May Soon Provide Clarity on 'Ascertainable Loss' Under the CFA"
The New Jersey Supreme Court has granted certification to SPARC Group—the owner of brands including Aeropostale,Brooks Brothers, Eddie Bauer, and Forever 21—after the Appellate Division sided with plaintiff consumers in their claim over false advertising of clothing prices. The plaintiff's complaint alleged that the defendant, Simon Properties Authentic Retail Properties, owner of brands such as Brooks Brothers, Eddie Bauer, and Forever 21, falsely advertised clothing at two Aeropostale stores. The Appellate Division decision in the case concluded that the “use of a fictitious former price” constitutes a violation of the CFA.