Separate classes in a limited liability company can be created to comprise a unified equity financing structure, which can increase the stability of a business or investment.
Read MoreSometimes parties need to legally backdate a document. However, even legal backdating can have negative consequences.
Read MoreAs women climb the corporate ladder, there are fewer identical positions they can use to compare their salaries with those received by male colleagues. When positions aren’t the same, there sometimes may be legitimate business reasons unrelated to employee sex for a pay differential. Unfortunately, the limited number of comparable jobs also can make it easier for an employer to engage in pay discrimination.
Read MoreOn July 15, 2019, SEC and NAASA recently released a Joint Summary of securities law concerns for Qualified Opportunity Zone Funds. Although these funds can provide significant tax benefits, fund sponsors must be careful to comply with securities laws when selling them to investors.
Read MoreFrom a legal perspective, renovating a historic building is not for the faint of heart. In addition to obtaining the building permits and inspections required for any construction project, renovation of a historic building may trigger additional legal requirements, including the ADA.
Read MoreIt has been more than thirty years since Congress added familial status to the classes of individuals covered by the Fair Housing Act. Still, many landlords continue to adopt policies which discriminate against tenants with children.
Read MoreTo real estate buyers, title insurance options can be confusing. There is standard and extended coverage, which is limited by exclusions and exceptions. Plus, a buyer can purchase endorsements to provide coverage for specific concerns.
Read MoreLis pendens puts prospective real estate buyers on notice that the lawsuit is pending. If they take title to the real estate, they do so at their own risk, and the results can be brutal.
Read MoreOriginally in residence at Cleveland Institute of Music, the Cleveland Quartet moved together as a quartet to State University of University of New York at Buffalo and then to Eastman School of Music. During the quartet’s history, some musicians left the quartet and were replaced. But in 1995, the quartet decided to disband. Years of international travel had taken their toll, and the musicians wanted to pursue other interests including, teaching and orchestral work. Real estate co-owners may make similar decisions to change investments or terminate their relationship.
Read MoreMany parties and even attorneys confuse representations, warranties, and covenants when preparing covenants. Not only do these terms have different purposes, but the remedies for breach can differ, also.
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