In a recent decision that merits the attention of borrowers and lenders in commercial real estate foreclosures, the New Jersey Appellate Division held that a lender's acceptance of numerous late payments did not constitute a modification to the...
The case study of NeoGenix Oncology presents a wonderful opportunity to warn against the dangers of not complying with SEC regulations, including the possibility of civil litigation or criminal charges. Neogenix Oncology paid finder fees to third...
This most recent post from by blog addresses a bogus equity stripping asset protection scheme being hyped lately.
With no state income tax, Hollywood Florida residents still are subject to federal income taxes. Learn how you can solve IRS problems and the solutions available to you.
This article looks at debtor/creditor law in New Jersey to analyze the ability of judgment creditors to satisfy their claims from a joint bank account held in part by their debtors. The article points out the legal barriers to this in New...
This article previews an upcoming hearing in federal Bankruptcy Court involving a judgment creditor's perfection of a lien on a debtor's stock in a salon under New Jersey law. The article explains why the judgment creditor's failure to...
One thing to consider when planning an offering is what investor qualifications you can live with. In making this decision it’s important to keep in mind that the definition of “accredited investor” is now more limited than it...
This article uses a hypothetical situation to illustrate how an entrepreneur can conduct his business such that creditors cannot pursue the entrepreneur's personal assets in a bankruptcy. The article provides four general pointers businesses...
This article reviews a sequence of facts stemming from an SEC investigation into an initial defendant whose assets included leases on oil and gas fields. One of the parties with claims to the initial defendant's assets was assigned certain...
When can an entrepreneur's personal credit suffer because of a failed venture? This article details some of the mistakes entrepreneurs and small business owners commonly make to put themselves in such a situation and explains why the "outs"...