The LLC Act Overview
Most real estate professionals understand that a purchase-money mortgage is senior to all other liens. But that is only mostly true. One important exception for all real estate professionals to be aware is the “PACA Trust.”
Supreme Court Rules that Claims for Wrongful Foreclosure Must Be Filed Prior to Trustee Sale
The recent Arizona Supreme Court case, Zubia v. Shapiro, 243 Ariz. 412 (2018), reminds homeowners to obtain early legal counsel when facing foreclosure, while bolstering lenders’ affirmative waiver defenses. Particularly, the Supreme Court ruled that borrowers waive claims to damages concerning the validity of a trustee’s sale when they first fail to obtain injunctive relief to prevent the trustee’s sale.
Failure To Launch: How To Avoid Breaching Fiduciary Duties To Your Employer
Many people work as an employee before they launch their own business. Before you act to build your company, you should understand your legal obligations to your current employer.
Choosing The Correct Business Entity
Societies have conceived new business structures since time immemorial. Fundamentally, joining together with business partners spreads the demands of capital and limits risk. Italians made…
Trademark Infringement and Joining the Discussion on “#Rio2016”
The United States Olympic Committee has been accused of “bullying” companies that aren’t official sponsors, sending legal cease and desist letters, demanding that companies remove certain social media content protected by U.S. intellectual property law. Particularly, content with the alleged trademarks “#Rio2016” and “#TeamUSA.”
A Reminder To Know Your Local Franchising Remedies
I read two tales of franchise terminations. In both cases, the franchisee had been caught with their hand in the convenience store cash register, using…
Arizona Crowdfunding
I have a soft spot for freebies – giveaways, handouts, complimentary gifts, whatever you prefer to call them. Since 2013, I’ve participated in a…
Getting Started With Your 501(c)(3) Application
Our clients serve as the hands and feet of Jesus, all over the world. It is true, you find life by giving your life away.…
Arizona’s Newest Business Entity, The Benefit Corporation
In many markets, consumers and employees, alike, hunger for purpose-driven companies committed to socially and environmentally responsible business practices. Prior to this year, however, Arizona…
B-Corporation as Subsidiary for Non-Profits
A B-Corporation could nicely fit within the overall corporate structure of a tax-exempt organization, maintaining the tax exemption by limiting unrelated business income and, at…
Preview: Arizona Entity Restructuring Act
Arizona will offer a more business-friendly legal framework next year, thanks to new law for entity restructuring transactions, law that will take effect on January…