by mgall74 | Apr 29, 2014 | General Legal Issues
Very simply put, debtors owe money, while creditors are owed money. Of course, the relationship between debtors and creditors is far more complicated than a single, simplified sentence can convey. Numerous regulations have been enacted to protect entities...
by mgall74 | Apr 23, 2014 | Uncategorized
People change, and couples drift apart. It’s unfortunate, but sometimes it happens. When it does, there isn’t necessarily a person or an action at fault — it’s just part of life. When a couple wishes to divorce without...
by mgall74 | Apr 15, 2014 | Business Litigation and Legal Malpractice
We’ve written about Detroit’s bankruptcy on our blog in the past. Back in December of 2013, Judge Steven Rhodes catapulted the Motor City into national headlines when he announced he would allow Detroit to file for Chapter 9 bankruptcy. The announcement...
by mgall74 | Apr 9, 2014 | General Legal Issues
One of the most fundamental and important questions new business owners must ask themselves is how the business will be structured. While numerous options for legal structures are available for entrepreneurs to choose between, what may be optimal for one entity could...
by mgall74 | Mar 11, 2014 | General Legal Issues
Last month, we wrote a blog post launching a three-part series about the merits and drawbacks of the various legal structures that new business owners have to choose from. We began by examining the pros and cons of the corporation, and in this installment, our...