Prologue: This summer, the state legislature grappled with changing Arizona’s anti-deficiency law, which protects homeowners who lose their homes in foreclosure from paying a “deficiency” on the property. A “deficiency” is the difference between the secured debt and the greater of the sale price or the home’s fair market value. […]
Category: Legal Alerts
I was seldom able to see an opportunity until it had ceased to be one. – Mark Twain The current economic environment has created opportunities both for those seeking to acquire assets and for those lenders willing to finance distressed-asset acquisitions. These opportunities are arising with greater frequency in the […]
If your corporation is registered with the Arizona Corporation Commission, please be aware that the Commission will no longer notify you when your Annual Report is due. This means that it’s now easier than ever to forget to file your required paperwork each year. As a courtesy to our corporate […]
Three Gust Rosenfeld attorneys convince high court to take case Editor’s note: As the nation’s final arbiter of legal disputes, the United States Supreme Court is petitioned by a vast number of litigants, but a very small number of cases are selected for review by the court. For example, in […]
A recent decision by Facebook to allow members to assign a vanity URL to their profile pages could prove problematic for trademark owners around the world. That’s why you’ll want to take steps to prevent Facebook users from hijacking your trademark. Read on to learn more. (Just in case you […]
Effective August 1, 2009, businesses and organizations with consumer or other accounts at risk for identity theft must develop and implement an Identity Theft Prevention Program. They also need to heed identity theft “red flags.” Who Must Comply Covered entities include banks, credit unions and other financial institutions, any business […]
Recent amendments to the Americans with Disabilities Act (“ADA”) significantly increases employers’ obligations. It not only increases the number of individuals covered but also increases the types of impairments protected. The amendments specifically reverse two U.S. Supreme Court decisions that narrowed ADA coverage. Congress criticized the Equal Employment Opportunity Commission […]
However true the saying, A rose by any other name would smell as sweet, it offers little consolation to a business that has spent large sums of money and time to promote its company name or product names only to have to later change them as a result of a trademark infringement […]
Our legislature recently made important changes to the employer sanctions statutes (HB 2745) for employees hired after December 31, 2007. Unauthorized Aliens Employers that knowingly or intentionally hire, directly or indirectly, unauthorized aliens are subject to liability. Penalties include: terminating all unauthorized aliens, employer probation and terminating business licenses. Economic […]
Sample Contract Insert Containing Arizona’s New Employer Sanctions Provisions: E-verify requirements. To the extent applicable under ARIZ. REV. STAT. § 41-4401, the Contractor and its subcontractors warrant compliance with all federal immigration laws and regulations that relate to their employees and compliance with the E-verify requirements under ARIZ. REV. STAT. […]