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Bankruptcy Preference Demand: Part 1
This content has been archived. It may no longer be relevantOrdinary Course of Business Defense What happens when a company that owes you money goes bankrupt? And how should you respond when that company claims the reverse, and threatens you with a lawsuit if you refuse to return whatever payment they have made? In this…
After foreclosure, who pays past HOA dues?
Q: At what point after a mortgage foreclosure does a bank become responsible for the payment of delinquent HOA dues? We have a home in our development where the bank has foreclosed, the previous owners have moved out, and there is a “for sale” sign on the property. The previous owners were billed in January…
A Conversation with Anne Balduzzi, Founder and CMO of SameGrain
Offering a deeper, more private form of social networking Anne Balduzzi is the founder and CMO of SameGrain. SameGrain is a privacy-first social discovery platform that enables anyone anywhere to privately connect with other people that share multiple in-depth areas in common, such as beliefs, professional industry, life experiences, and ancestry. https://www.youtube.com/watch?v=fTrG1izqmxs Click here to…
Compensation and Compliance Matters: How Quality Customer Service Can Keep Mortgage Lenders Compliant
The consent decree the Consumer Financial Protection Bureau entered into with Green Tree Servicing involves $48 million in restitution and $15 million in penalties. Specifically, Green Tree was accused of not adhering to the modification process of loans in modification at the time they were transferred to Green Tree. In addition, its short sale department…
Biz Tek Today: Hunting in a Farmer’s World
I recently attended a seminar presentation entitled “Hunting in a Farmer’s World”. The premise of the presentation centered on the need for business folks to “hunt” for continued existence. The “hunter” is usually the business owner; the person that when there are no options and the path forward seems impossible, finds the way. He or…
Friday Factoid: Predatory Pricing .Sucks
Registrars for newly created generic top level domain names (gTLDs) must provide a “sunrise period” during which owners of registered marks may pre-register domains that directly correspond with their registered marks (before such domains become generally available). The registrar for .sucks domains is offering .sucks domains for premium registration prices up to $2,499. The .sucks…
The Weekly Scenario: How to Ensure Pets Are Cared for After Death
Question: How can I be sure my pets are taken care of after I die? Answer: There are a few options you have in providing for your pets in your estate plan. Your plan to provide for your pets in your estate plan may be informal, such as an agreement with a friend or member of your…
Law Matters: April 2015
Welcome to Law Matters, Offit Kurman’s newsletter. Here you will find the latest articles on diverse legal topics written by our team of attorneys, as well as interviews and conversations with CEOs and decision-makers, news and events from the firm, videos, and other exclusive offers and thought leadership content. Features and topics in this month’s newsletter…
An FDD Review Attorney’s Perspective: The Importance of Reviewing your FDD and Franchise Agreement
Brian Loffredo is an attorney with Offit Kurman, P.A., a mid-Atlantic law firm. Brian has assisted hundreds of franchisees nationwide with their FDD and franchise agreement reviews. If you have questions with this article, or would like an initial consultation to discuss your FDD review, call him at (301) 575-0345. A typical FDD review can…
Federal Court Concludes that Automobile Service Advisers are Non-Exempt Employees
You may have been there before: you enter your favorite car dealership to have your vehicle serviced and are greeted by a friendly dealership employee who questions you about issues you may be experiencing and guides you toward certain services the dealership’s in-house mechanics may offer. What you may not realize is that these friendly…