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Hiding the Assets
A common concern for matrimonial litigants is the age-old wish to keep as many marital assets as possible out of the hands of 'that man (or woman).' Attorneys often have to calm their clients and discuss with them the realities of property distribution in this State. Hopefully, the clients listen and agree to proceed according to law.
Sometimes, however, divorcing parties resort to self-help methods to try to hide assets from their spouses. That is what one husband claims happened to him in a fraudulent conveyance case now pending in Nassau County. The wife and her co-defendants in S.L. v. C.D., Slip Copy, 2007 WL 4198248 (Table) (Sup. Ct., Nassau Cty., 11/28/07) (Diamond, J.), moved for an order of dismissal, which the court granted as to several counts, but the fraudulent conveyance claim remains.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.