Maxwell Briskman Stanfield

Maxwell Briskman Stanfield

March 09, 2023 | The Legal Intelligencer

Breaking Down the Updates to Pennsylvania's Associations Code

Through 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 Include

It 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 Clients

As 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 Owners

As 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 Operations

One 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 Drafting

Clients 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 Looms 

The 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 Risk

PPP 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 Behind

2020 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