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Articles tagged: Business Law
The New York City Bar Versus the Litigation Funding Industry
Let’s Talk Litigation Funding A July 30, 2018, legal ethics opinion from the New York City Bar Association (“NYCBA”) raises concerns about a common structure used for funding of litigation. In particular, the NYCBA Professional Ethics Committee concludes: “Under Rule 5.4(a) [of the New York Rules of Professional Conduct], a lawyer may not enter into […] Read More
Business Valuation Tax Act of 2017: Comparability and Calculation
What is the Business Valuation Tax Act of 2017 Anyway? The Business Valuation Tax Act of 2017 (Tax Act) has introduced changes to the financial and regulatory landscape that specifically affect business valuation in the context of C-Corporations. This article provides a general overview of commonly used valuation methodologies and highlights a few key effects […] Read More
It’s Never RICO! What this Column Presupposes is, Maybe Sometimes it is
If you type the phrase “It’s never RICO” into Google, you’ll get a bunch of hits, including this clever and interesting discussion. The Google image search returns “House, M.D.” memes. I would beg you, dear reader, not to Google “RICO Trump”. It’s a rabbit hole where you will see all sorts of nonsense about alleged forthcoming sealed indictments […] Read More
The New Reality of Federal Litigation
Federal courts in Chicago have adopted new rules that will profoundly change how civil lawsuits progress. Read More
Theranos Revisited
Theranos made headlines for the alleged failure of its signature blood test – and for civil and criminal suits from its stockholders. Read More
Column Takes Aim at the Topic of Fraud
Hello, my name is Adam Hirsch. Welcome to “(Alleged) Frauds, Fakes and Ponzis,” a column dedicated to exploring, explaining and occasionally making light of the world of business fraud. This column is dedicated to the proposition that most of the time, there’s not a cartoon villain or a pre-determined outcome. By way of example, consider the multiple fraud schemes that have ensnared — you guessed it — lawyers. Read More