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Postnuptial Agreements
It is not uncommon for a potential divorce client to express the idea that financial concerns, rather than emotional or other marital problems, have led him or her to consult with a matrimonial attorney. These money problems have resulted in feelings of desperation concerning the marriage and future. Common complaints underlying these concerns include dissipation of assets by a spouse to finance gambling addictions; paying for content on Internet sites to which the spouse is apparently addicted; accumulated debt through excessive shopping; or unwarranted amounts spent on dependent adult children from a prior marriage. When questioned about the relationship's other aspects, these clients often say that they do not really want divorce or separation. They feel, however, that there are no other options available to them to protect their financial survival.
In a number of these instances, we have suggested that these clients consider entering into a postnuptial agreement, a seldom used, but very effective, way to deal with issues such as these. A postnuptial agreement may provide a prospective client with an alternative that can save him or her from litigating over the numerous issues presented by a matrimonial action when only certain issues are truly at hand. Ultimately, a postnuptial agreement can save a marriage.
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?
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.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.