Philip L. Chapman is Of Counsel to Brown, Moskowitz & Kallen, PC, located in Chatham, New Jersey. BMK concentrates on business transactions, financing and tax aspects and business related disputes including business litigation. See its website www.bmk-law.com. 

For owners and operators of mid-sized and small businesses, closely-owned and sometimes family-owned, Mr. Chapman provides primary legal care. He is a trusted advisor and diagnostician, very much like an internist in medicine. Backed by decades of experience he offers a broad range of legal advice and practical solutions in business related matters, including external and internal disputes. He counsels in a wide range of challenges and problems and often can often devise a practical course of action which will avoid costly and problematic lawsuits. He adroitly uses his talents and experience in commercial matters, including real estate. His services include document drafting, shareholder and limited liability member dispute resolution, buying and selling of businesses, franchise purchase agreements, non-disclosure and non-circumvention agreements. post-employment non-competition agreements, employment agreements, sales representative agreements, distributor agreements, and private label manufacturing agreements. He is a New Jersey Court approved mediator and brings to mediation of commercial disputes a vast amount practical knowledge of business, litigation savvy and a high degree of emotional intelligence. 

An accomplished commercial real estate attorney for over seven years he has been licensed by the New Jersey Real Estate Commission to teach two “Core” courses for mandatory continuing education, Exclusive Listing Agreements for Sale or Lease of Commercial Properties and Commercial Leases and Personal Guaranties. He has presented these courses for Caldwell Banker NRT, Century 21 Greater New Jersey Brokers Council, East Bergen County Board of Realtors and Friedberg Academy. He has presented courses for business brokers under the auspices of the Mid-Atlantic Business Broker Association. 

Over a long and distinguished career has chaired or participated in numerous business-related programs for the New Jersey Institute of Continuing Legal Education.

Education: Horace Mann School, New York City (1953); Princeton University (Cum Laude, 1957); Harvard Law School (1960). 

Practice History:

  • April 1, 2021, Mr. Chapman became Of Counsel to Brown, Moskowitz & Kallen PC
  • January 1, 2020, Mr. Chapman joined the law firm of Maitlin Maitlin Goodgold Brass & Bennett LLC
  • June 1, 2003, to December 31, 2019,  Of Counsel to Lum, Drasco & Positan, LLC. 
  • January 1993 to May 31, 2003: Partner in Chapman, Henkoff, Kessler, Peduto & Saffer later known as Chapman, Kessler, Peduto & Saffer, LLC, Roseland, New Jersey. 
  • 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. 
  • May 1968-June 1970 (Associate), July 1, 1970-February 1, 1981  (Partner), Hanoch, Weisman, Stern & Besser, later known as Hannoch Weisman, Newark, New Jersey. 
  • June 1961-May 1968: Associate, Hearing, Lindeman & Landau, Newark, New Jersey. 

Admitted to the New Jersey Bar 1961.

Areas of Concentration:

  • Areas of expertise include buying a business, selling a business, buying a franchise, counseling family-owned and other closely-held businesses in all aspects of business and corporate law, partnership and limited liability company law, acquisition of franchises, commercial transactions, corporate counseling, sale and leasing of commercial real estate, including commercial leasing, agreements with real estate brokers, and real estate auctions. 

Listed in “Best Lawyers in America” as one of best corporate lawyers in the State of New Jersey. 

For 2021-2022, he is listed in Top Attorneys in North America, a New York based publication which distinguishes and profiles leading attorneys who have reached a recognizable degree of success and leadership in their field. The directory is valued for promoting awareness for accomplishments within the North America legal community.

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.
  • Member of ICLE’s Curriculum Advisory  Committee, 1989-1997. 
  • 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 education 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.
  • New Jersey Real Estate Commission approved instructors to real estate brokers and sales representatives for two three-hour “core” courses to satisfy their mandatory continuing education requirements. One course is on Listing Agreements of Commercial Properties for sale or lease, and the other is on Commercial Leases and Personal Guaranties.
  • 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 a 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

Contact Phil Chapman now at [email protected] or by phone at 973-202-9256

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