Its Wednesday and I wanted to share a court of appeals case that came out on September 15th. Case: Key Bank v Lake Villa Oxford Assoc, et. al. Lesson: be careful when drafting “personal guarantees” I’ve written in the past about personal guarantees. This particular case involved a real estate development gone bad. Defendant, developer,Continue reading “Recent Court Case Provides Good Lessons For Real Estate Investors.”
Tag Archives: dispute
Business Owners: Think Before you Sign. Recent Court Case Shows Why the Language in Your Contracts Matter.
Here’s to warmer weather! I’ve previously written about the importance of understanding the contracts you sign. I just read a recent Court of Appeals decision that provides a great illustration for business owners to give pause before signing a contract on the dotted line. Check out the case of Solis v Kroger and The Greener Side.Continue reading “Business Owners: Think Before you Sign. Recent Court Case Shows Why the Language in Your Contracts Matter.”
Robin Williams’ Estate: Dispute between Widow and Children.
The ABAJournal reported a story today: Who gets items from Robin Williams estate? Court has to decide between his widow and his children you can check that story out here From all appearance, it looks like Robin Williams went through his attorney and put together a well thought out estate plan for the benefit ofContinue reading “Robin Williams’ Estate: Dispute between Widow and Children.”
Lessons From Trial: Family Businesses and Disaster Prevention by a Proper Business Succession Plan.
I just finished up a complex and messy trial that spanned over a few weeks centering on a family owned and operated business. The case involved multiple family members over multiple generations, and differing levels of involvement in the family business, and, as it turned out, differing expectations of the business succession plan once theContinue reading “Lessons From Trial: Family Businesses and Disaster Prevention by a Proper Business Succession Plan.”
Business Owners: News Headline Illustrates the Potential Legal Consequences of Business Break-Ups
The American Bar Association Journal reported a bit of legal news today- a Defunct Law Firm was Ordered to Pay Subleases for a Manhattan Office Building, see the article here Business owners – you know why you create a business entity – a corporation, or a limited liability company – to limit your personal liability fromContinue reading “Business Owners: News Headline Illustrates the Potential Legal Consequences of Business Break-Ups”
Purpose Driven General Counsel 