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There is a growing trend of custodial parents asking the courts to allow them to relocate with their children, taking them farther away from the non-custodial parent. For example, in New York, like many metropolitan areas, many different factors have led to this situation. These include: 1) the increase in the cost of living in the metropolitan area; 2) the inability of the custodial parent to afford to remain in the jurisdiction on his or her income alone; 3) difficulty in obtaining employment; and 4) a desire to relocate to reside near family and friends.
What the Courts Say
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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.
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.
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