Structuring a Forbearance Agreement for a Lender

By Mark A. Costello, Esq. When a loan goes into default a lender, for any number of reasons, may determine that pursuing or continuing a foreclosure against its security is not its best option. Concomitantly, a borrower may wish to attempt to bring a loan current or...

Yes, Sarbanes-Oxley Applies to Private Companies

By: Robert F. Mechur, Esq. Since its enactment in 2002, the Sarbanes-Oxley Act (“SOX”) has been widely perceived to regulate only publicly held companies. That perception is not, and has never been, correct. There are some provisions of SOX that expressly...

Transferring Structured Settlement Rights – Case Law Update

By David K. Hou, Esq.[i] This article provides an update on recent cases regarding the transfer of structured settlement payment rights in New York.[ii] Because the majority of cases in which such petitions are approved go unreported, whereas many petitions which are...

Estate Planning Primer (May 2008)

Since each person has a certain “credit exemption”, it is a sin for any married couple to have any Federal estate tax imposed on an amount up to their combined exemptions. That is, if the exemption is $2,000,000 per person, the couple should never pay any...
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