What Investors Need to Know if an Investment is in Receivership

receivership

Print this ArticleSimilar to a bankruptcy case, a receivership case involves an insolvency proceeding. However, unlike a bankruptcy case, a receivership claim is not a straightforward process since it may involve numerous parties or intricate interests based on multiple actions about the company’s assets. Given the complexities surrounding a receivership claim, an independent third-party receiver […]

Choice of Law Clauses

Lady Justice

Print this ArticleChoice of Law Provisions: No Escaping the Plain Meaning of the Contract Choice of Law, otherwise known as the “governing law” clause in a contract, allows the parties to negotiate and agree on which particular state’s law would be adapted to interpret the Agreement and any issue arising from that contract.  However, there […]

Board Members Fiduciary Obligation

Corporate Board Member’s Duties and Obligations

Print this ArticleCorporate Board Member’s Duties and Obligations Fiduciary duty is the backbone in determining how a board member, officer, and director are expected and obligated to act. This theory arises from their relationship with the corporation and other shareholders, and the degree of expectations may vary depending on their particular role within the organization. […]

Damages for Elder Financial Abuse

Elder Financial Abuse Attorney

Print this ArticleAs the population over the age of 65 continues to grow, elder financial abuse has been steadily increasing. However, this type of crime is rarely discussed or prosecuted. In 2016, the New York State Cost of Financial Exploitation Study determined that vulnerable elderly New Yorkers experienced an estimated $1.5 billion a year financial […]