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If you own investment property or a small business in your own name, you should consider transferring it to an entity wholly owned by you. This generally will protect you from some kinds of liabilities that can arise from ownership of the transferred assets. It will not protect you from your own […]
Category: Legal Alerts
The telephone rang; it was a new client ranting about the other owner of his limited liability company (LLC) and asking for my help getting him out of the company. My first question was, “What does your operating agreement say about removal rights and how to value his interest?” Dead silence-then my […]
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. […]
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 […]
