March 09, 2023 | The Legal Intelligencer
Breaking Down the Updates to Pennsylvania's Associations CodeThrough this legislation, the "Associations Code"—Title 15 of the Pennsylvania Consolidated Statues—was updated to account for certain changes in connection therewith. The most notable is the annual reporting requirements for certain entities, which we will break down here, along with other major changes.
By Maxwell Briskman Stanfield and Diana C. Bruce
4 minute read
October 13, 2022 | The Legal Intelligencer
Operating Agreements: Why They Matter and What to IncludeIt is far preferable for LLC members to consult with the proper advisers when preparing operating documents—and to ensure they draft them effectively. The documents are much more than formalities and serve as a vital portion of an LLC's formation and ongoing operation.
By Maxwell Briskman Stanfield
5 minute read
June 01, 2022 | The Legal Intelligencer
The Growing Importance of ESG for Corporate ClientsAs ESG standards eventually become a requirement, rather than window dressing, corporate attorneys and firm leaders must provide counsel and implement internal policies that match investors and their clients' desires.
By Maxwell Briskman Stanfield
5 minute read
April 01, 2022 | The Legal Intelligencer
Important Considerations When Advising New Small Business OwnersAs attorneys who represent business owners know, the process of starting a small business and growing it into a successful and thriving enterprise doesn't happen without hard work. Further, it requires paying attention to key operational and legal issues from the start.
By Maxwell Briskman Stanfield
5 minute read
February 09, 2022 | The Legal Intelligencer
Maintaining Corporate Formalities Is an Essential Piece of Proper Business OperationsOne of the great benefits afforded to a company under the law, is the fact that a company exists as a separate legal "person," and the owners of that company are generally shielded from liability of the company's actions.
By Maxwell Briskman Stanfield
4 minute read
November 12, 2021 | The Legal Intelligencer
Buy/Sell Provisions Should Not Be Ignored: What to Consider When DraftingClients will often brush this off with the rationale that all the current members "are friends," or a change of ownership/control is, in their minds, so far in the future that it is something that can be dealt with at that point in time.
By Maxwell Briskman Stanfield
5 minute read
July 19, 2021 | The Legal Intelligencer
Managing the Transition as LIBOR's End LoomsThe London Interbank Offered Rate (LIBOR) is not much longer for this world, with the reference rate on track to be discontinued in most of the world by the end of the year and for certain U.S. dollar (USD) transactions by 2023.
By Maxwell Briskman Stanfield
5 minute read
May 26, 2021 | The Legal Intelligencer
A Primer on NFTs: What Do You Really Own?If you have read or watched the news at all this year, you have almost certainly seen the acronym "NFT"—usually, in the context of an item you can't even touch being sold for millions of dollars.
By Maxwell Briskman Stanfield and Michael G. Monyok
7 minute read
March 25, 2021 | The Legal Intelligencer
PPP Loans in M&A Transactions: Assessing the Position and Allocating the RiskPPP loans, coupled with their loan forgiveness qualities, make for unique incentives in transactions, as contrasted against regular funded company indebtedness.
By Maxwell Briskman Stanfield and Robert E. Dauer Jr.
8 minute read
February 25, 2021 | The Legal Intelligencer
The Push for Board Diversification Will Continue—Don't Be Left Behind2020 brought significant change at a scale unseen for decades, and 2021 appears likely to continue the trend. As a result, the corporate world, like every segment of America, must reckon with it.
By Maxwell Briskman Stanfield
6 minute read
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