From the category archives:

Default Judgment

One of the prob­lems that you may encounter when buy­ing a busi­ness in New York is under­stand­ing how to struc­ture the pur­chase.  Basi­cally, there are two ways that you can buy a company:

Asset Pur­chase;
Stock Purchase.

In most cases, you will be bet­ter off pur­chas­ing the assets. There are three big ben­e­fits to buy­ing the assets and […]

Your small business is a party to a New York Civil Litigation lawsuit. How can you protect yourself?

You are sit­ting in your office on the busiest day of the year, and just when you think noth­ing else could go wrong, a per­son walks in and utters the fate­ful words “You’ve been served”, while hand­ing you a stack of papers.   Your busi­ness is a party to a New York civil lit­i­ga­tion lawsuit. […]

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Do you have a Default Judgment against you in NY? It may be void.

The New York Attor­ney Gen­eral announced today that they are suing 35 law firms for improper ser­vice of default judg­ments. A party obtains a default judg­ment when the defen­dant does not appear in a law­suit. Amer­i­can Legal Ser­vice, a process server located in Long Island has been named by the Attor­ney Gen­eral as providing […]

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