Is your company purchasing or importing goods made in China? If you are having a dispute with your exporter from China, you should be mindful of the rules that govern international transactions. The rules concerning the sale of goods are typically governed by Article 2 of the Uniform Commercial Code.
Assume you are part of an accounting firm, and your firm has provided a large amount of accounting services for a client that is a limited liability company. The outstanding receivables for providing said services have started to accumulate to a large figure. You want to proceed legally against the
Companies that grow by acquisition are often faced with challenges when taking a deep dive into recently acquired new customer accounts. Although acquisitions can increase your customer base, new client relationships don’t always go as anticipated. The predecessor company had a history–maintaining customer accounts with previously established patterns of doing
Merchant cash advance agreements are drafted in a way that offers an advantage to the lender. Since the documents anticipate a default in payment by the buyer, why then do merchant cash advance companies record judgments in New York? In the past, merchant cash advance companies and other lenders required
In some cases, debt collection lawyers may offer contingency fee debt collection arrangements also known as no recovery, no fee collections. The debt collection process can include demand, mediation, arbitration, litigation and judgment enforcement. The availability of contingency fee debt collection depends upon the state’s and/or country’s rules and laws.
Let’s say your company has a corporate debtor that owes your company a sizable debt. You are concerned that the debtor is in poor financial condition, and that by the time a lawsuit commences and a judgment is obtained, the debtor will not have any assets available to satisfy the
Let’s say you are the owner of a 100-unit condominium complex, and you enter into a management agreement with a company to act as operator and property manager for the complex. As part of the complex’s management responsibilities, the property manager is required to establish a bank account for the
Are you a subcontractor or vendor with an invoice that is more than 30 days past due? Perhaps you have reason to believe that the general contractor was paid for the services or goods you provided, but has not paid you. New York lien law offers a number of options
New York offers additional debt collection remedies and relief against owners, officers, and corporations using funds for their own purposes rather than paying subcontractors, vendors, and suppliers. Monies owed to subcontractors, vendors, and suppliers in connection with the improvement of real property not paid over by a general contractor or
Imagine your business bought a specific type of food in bulk from a reseller, paid for it, and subsequently sold it to over 500 customers. Then, after your business paid for and resold that food item, you receive notification from the reseller who originally sold you the item stating that