No one forms a company or business venture planning for it to fail. In the beginning of a business, it is easy for all partners to focus on the positives. But sunshine and rainbows fade, and it is very important… Read More
Buyers’ Real Estate Agents Obliged to Tell Sellers of Foreseeable Risks On December 13, 2000, the Arizona Supreme Court ruled that a buyer’s real estate agent may be liable for failing to inform the seller that the buyer might be… Read More
Early case law describes property rights like a bundle of sticks. Each stick represents a different right that can include the right of ownership, of possession, of use, the right to collect rents, the right to income produced by the… Read More
In 1925, in an effort to raise arbitration agreements to the same level as other contracts, the Federal Arbitration Act was passed, which set forth a national policy in favor of arbitration. And yet, for the last eighty-two years, arbitration… Read More
“In civilized life, law floats in a sea of ethics.” Former US Supreme Court Chief Justice Earl Warren From university honor codes, to employee conduct manuals, to personal religious beliefs, most individuals have a set of ethical rules which they… Read More
The internet has changed the world. Electronic communication is now possible around the globe–around the clock. Letters, pictures, documents and messages can now be sent instantly, and in many cases can be sent and received whether you are sitting at… Read More
A professional race car driver named Charles Phelps signed both a “Release and Covenant Not to Sue” and a “Release and Waiver of Liability Assumption of the Risk and Indemnity Agreement” before entering a race at Firebird Raceway in Chandler,… Read More
Your employer just filed for bankruptcy? Now what happens? You have been assured that your job is safe, but what will happen to your health and pension benefits? These are all substantial issues that can dramatically change a family's financial… Read More
Reorganization under the Bankruptcy Code is designed to rehabilitate a business, thus preserving its value which might otherwise be lost in a liquidation. Why Consider Chapter 11? One or more of the following may prompt the filing of a Chapter… Read More
A client causes serious injury to another. That client’s insurance is insufficient to cover the damages that may be awarded against him. What may counsel for the under-insured client do without exposing himself to civil liability, violating criminal statutes or… Read More
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