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Daily Business Review

Lawsuit: Jade Ocean Condo Developer Stole from Project Lenders, Investors

Developer Fortune International Realty denies allegations that it siphoned off profits by feeding funds to affiliates.
5 minute read

New York Law Journal

Would a Franchise Lawyer Make a Good Franchisee?

In his Franchising column, Rupert Barkoff discusses the pros and cons of whether a franchise lawyer would make a good (or bad) franchisee. On the one hand, they may "be more likely to understand the significance of a franchise agreement," but on the other, they may "be fixed in their ways and not easily convinced that the franchisor's system must be followed in order to achieve success."
8 minute read

New York Law Journal

Judge: Shkreli Caused More Than $10M in Losses to Investors

Former pharmaceutical executive Martin Shkreli is on the hook for almost $10.5 million in losses to his investors, a federal judge has found.
2 minute read

Daily Business Review

Cryptocurrency Move Into Commercial Real Estate Is Expected — With Impediments

A small number of real estate closings have been reported in Florida using cryptocurrency, but how quickly crypto moves into more regulated and mainstream commercial real estate remains elusive.
1 minute read

Delaware Business Court Insider

Del. Supreme Court Limits Stockholder Ratification of Director Compensation

Over the past several years, the Delaware Court of Chancery has applied the stockholder ratification defense in challenges to director compensation awards made pursuant to stockholder approved equity incentive plans (EIPs).
6 minute read

The Legal Intelligencer

Let's Help Build a Franchise Company: 5 Things Attorneys Should Consider

How can we help our clients build a chain of locations? Can our emerging clients ever compete with the big companies, the private equity companies, the multinationals with structured finance?
7 minute read

The Recorder

SEC's Expanded Cybersecurity Guidance Focuses on Insider Trading, Internal Controls

The document released Wednesday is the first guidance to be issued on cybersecurity disclosure by SEC commissioners, and comes six years after the agency's staff issued a more limited guidance in 2011.
4 minute read

The Legal Intelligencer

Don't Minimize the Importance of Conflicts of Interest Policies for Your Nonprofit Board

The overwhelming majority of business leaders and philanthropically inclined citizens who join nonprofit boards have the best of intentions.
6 minute read

Daily Business Review

2017 Tax Act Changes the Focus of Estate Planning to Saving Income Tax

The 2017 Tax Cuts and Jobs Act temporarily doubles the exemption for individuals dying in 2018 through 2025. In 2026 the exemption will revert to $5 million adjusted for inflation.
7 minute read

The Legal Intelligencer

Retirement and Law Firms: A Case of the Shoemaker's Children?

Many firms inadvertently neglect the long-term interests of their lawyers by failing to offer well-structured retirement plans. Even when the firm provides retirement and investment plans, many individual lawyers are unfamiliar with the options available to them for retirement savings.
9 minute read

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