As we start the New Year, it is time for businesses to file their Annual Registrations with the Secretary of State to maintain their status. With the filing of your business Annual Registration, it is also a good time to review your business By-Laws or Operating Agreement to insure that the documents adequately articulate your … Continue reading Start to Finish: Strategies for a Successful Partnership
You sold property; the purchaser hasn’t paid; the promissory note is in default. How can you recoup your losses? What are your options? Negotiate a Resolution File a Lawsuit Pursue Foreclosure Negotiation Before heading directly to foreclosure, you may want to consider negotiating with the purchaser in default. Your attorney can advise you on how … Continue reading When the Purchaser doesn’t pay – Remedies for Default
Issue Number 5, November 2014 As we get close to Thanksgiving, we at Hecht Walker have a lot to be thankful for. It looks like Georgia and the U.S. are experiencing a market recovery, which we hope impacts all of you in a positive way. In this issue, we concentrate on how our clients can … Continue reading November 2014 News from Hecht Walker
According to the Federal Reserve survey of bank lending officers in May of 2014, many respondents said that they had eased the requirements for commercial real estate loans. This is great news for builders and buyers who are looking to invest in commercial real estate. In fact, in every financial quarter since the economy started … Continue reading Market Recovery Means Commercial Real Estate Loans on the Rise
Georgia law allows contractors, subcontractors and suppliers who supply work, labor or materials improving property for others, to claim an interest in and lien that property if payment is not made. The recording of such Mechanics or Materialmen liens can hold up the sale or refinancing of the property owner’s mortgage, or even result in … Continue reading Materialman and Mechanic Liens: Liens for Authorized Work Only
Our firm represents businesses on overtime compensation claims. Many businesses don’t understand why the former employees would be entitled to overtime compensation as most, if not all, of the former employees were paid a salary. The businesses are frustrated by the fact that these employees entered into contracts, stated that they wanted to be paid … Continue reading Is Your Salaried Employee Entitled to Overtime?
Each year, business people, professionals, students, husbands and wives get a shock at airports around the US. They forgot that they had a small handgun in a briefcase, satchel or purse for protection. The carry-on luggage goes through the airport screening device and as opposed to going on vacation or to their business conference, they … Continue reading The Effect the “Guns Everywhere” Law Has on Gun Possession at the Airport
When leasing commercial space, many people don’t realize you pay for more than just the actual square footage you will occupy. In many commercial leases, and particularly in retail and industrial space leases, extra fees are often referred to as “Common Area Maintenance” (CAM) fees. These CAM fees serve to offset the landlord’s cost of … Continue reading Common Area Maintenance Fees May Pay for More Than Common Area Maintenance
Just over twenty years ago the groundbreaking Family and Medical Leave Act was signed into law by President Bill Clinton. This law allows individuals the flexibility to balance the care of family members with their employment, without worrying about job loss. In fact, in a recent survey about the law both workers and employers reported … Continue reading After 20 Years: Are Your FMLA Procedures Up To Date?
Fraudulent Transfer is the act of transferring money or assets to another person or company in an attempt to avoid a debt. It is a civil cause of action that arises between debtors and creditors, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy trustees. A … Continue reading Fraudulent Transfers Can Be a Costly Mistake
