Business Issues

How to Avoid Bank Hassles as an LLC or Corporation

I’ll be brief.  I just want to quickly share a story that happened to a client of mine last week that could help you avoid lots of unnecessary hassles. A corporate client called last week to report that he had had an unpleasant encounter at a bank with one of those rude bank employees who seem to think that their mission is to make customers’ lives difficult with paperwork.   What was the issue? Our client had..

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How to Pursue Fraudulent Debtors: Denial and Revocation of Bankruptcy Discharge Under Section 727

What do you do when a debtor owes you money, files for bankruptcy and you know they are fraudulent and hiding money? What happens if you discover the fraud after the debtor receives a discharge? Section 727(a) of the Bankruptcy Code enumerates grounds for denial of discharge, and Section 727(d) provides for the revocation of..

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The Importance of Balancing Your Time Between Work and Family

July 24, 2017 | posted in: Business Issues, Lighter Side | by

Have you ever discovered something so surprising, so counterintuitive, so startling and new that it changed your whole attitude towards life? As a dad with nine kids, I always felt stuck, like I had no choice: I had to work as much as possible to support my family. Usually, that meant working until 7:30 p.m.,..

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Three Legal Fixes For Your Business That Will Save Problems Later

When building your business and your future, you need to make decisions that will take you where you really want to go. So many things can lead you away from your long-term goals and what’s truly most important to you: a lapse in judgment in a move with only short-term results in mind, failure to..

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How Responsible Investors can Survive and Thrive in the Trump Economy

By David M Leff- David Leff is Founder and Managing Director of 84 Capital LLC, an alternative market strategy advisory firm, targeting family offices and high net worth individuals. Our firm works with some of David’s family office clients. Stock markets have rallied to all-time highs, interest rates have risen to multi-year highs, and the..

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Did you know that positive thinking can make people less successful?

February 20, 2017 | posted in: Business Issues | by

Recently, I attended a fascinating presentation by Ellen Galinsky, President and Co-Founder of Families and Work Institute (FWI), and Chief Science Officer and Executive Director of Mind in the Making at the Bezos Family Foundation. She spoke at the inaugural NYC Family Enterprise Center Family Enterprise Culture (NYCFEC) and Diversity Forum on the topic of “Making Work..

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The 5 Best Ways to Avoid Post-Liquidity-Event Litigation

For family offices or family enterprises, a liquidity event such as the sale of the main business can open your business up to a whole range of opportunities and vulnerabilities.  That’s why you need good advice at every stage.  By following these five simple guidelines, you’ll avoid the most serious problems and protect yourself, your..

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Firm Announcements

We are proud to announce that we have moved our New Jersey office to a larger space to better serve our clients. Our New Jersey address is now: 1135 Clifton Avenue, Suite 104 Clifton, New Jersey 07013.                 David moderated a discussion panel at the NYSSCPA breakfast last month, discussing “Making Legal Mountains out of Legal Molehills..

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How a good corporate general counsel can keep you out of jail…

This article shows clearly how seasoned investors check their next move with a general counsel… We have repeatedly seen how 20 minutes with us can save our clients a lifetime of hard work… http://go.bloomberg.com/market-now/2014/02/12/dont-worry-ben-its-a-long-way-to-san-quenti/

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Why we don’t like personal guarantees – Legal issues that can undermine your business performance

Sales and quality of product or service are always on the forefront of your business mind. But unaddressed legal issues can undermine your business performance. Today’s issue: Personal guarantees can support your business’ application for a line of credit or a mortgage on commercial property. They are commonly requested by banks and other lenders. In..

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