At JD Supra, a number of attorneys, including Sam's and my former colleague Glen Trudel, ask "Is a Uniform Debt Buying Code on Its Way?" The post discusses the formation of a new Uniform Law Commission (ULC, also known as the National Conference of Commissioners on Uniform State Laws) committee on "
Posted on: September 9, 2014
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Tag: Bankruptcy, Commercial Transactions, Creditor / Debtor Law, Legal Opinions, Structured Finance, Uniform Commercial Code
Posted on: September 8, 2014
Professor Todd Zywicki blogs on the Volokh Conspiracy:
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Tag: Administrative Law, Consumer Protection, Law & Economics, Legislation
Posted on: September 3, 2014
As a follow-up to our September 1 post, we present this link to New Jersey Business's "Eight Tips for Creating a Family-Business Succession Plan."
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Tag: Alternative Business Entities, Contracts, Corporations, Fiduciary Duties, Limited Liability Companies, Partnerships, Taxation, Trust Law, Wills & Estates
Posted on: September 3, 2014
In the New York Times, Adam Liptak has a piece on the trend of Supreme Court opinions accepting and restating facts appearing in amicus briefing, some of which facts are later revealed to be erroneous or based on questionable studies: "Seeking Facts, Justices Settle for What Briefs Tell Them." This is a phenomenon that was heavily criticized by Justice Scalia in his dissent in Sykes v. United States, No. 09-11311 (2011):
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Tag: Appeals, Courts, Evidence, Legal History, Legal Industry, Legal Theory, Legislation
Posted on: September 1, 2014
At Family BusinessCast, Tibor Dani interviews Dominick Celentano on succession planning for family businesses, focusing in particular on issues related to a company's business plan.
Family BusinessCast, a production of Family Business Media LLC, is a resource that provides information on legal, accounting, and investment issues to family-owned businesses.
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Tag: Alternative Business Entities, Contracts, Corporations, Fiduciary Duties, Legal Theory, Limited Liability Companies, Partnerships, Taxation, Trust Law, Wills & Estates
Posted on: August 28, 2014
Some types of business entities (most famously, corporations) offer limited liability to their managers, owners, and officers. That is, under most circumstances such parties will have no personal liability for debts incurred (through tort or contract) by the business entity. A “corporate veil”[1] is said to separate the assets of the owners and managers from those of the company.
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Tag: Alternative Business Entities, Bankruptcy, Civil Litigation / Civil Procedure, Commercial Litigation, Contracts, Corporations, Courts, Creditor / Debtor Law, Equity / Chancery, Limited Liability Companies, Partnerships, Real Estate / Real Property, Torts