Tag Archives: finds

Washington Court Finds Decision Not to Retire Is Substantial Change Supporting Modification of Spousal Maintenance

Once a Washington divorce decree is issued, a maintenance award can only be modified by the court when the party seeking the modification shows a substantial change in circumstances.  A fact unknown to the trial court or an unanticipated fact … Continue reading

Posted in Divorce Law | Tagged , , , , , , , , , , | Leave a comment

Texas Court Finds Payment of Personal Expenses By LLC Constituted Constructive Fraud in Divorce Case

By Francesca Blackard Property owned by a limited liability company belongs to the company and is generally not considered either separate or community property subject to distribution in a Texas divorce case.  The limited liability company’s owners, known as “members,” … Continue reading

Posted in Divorce Law | Tagged , , , , , , , , , , | Leave a comment

Massachusetts Court Finds Plaintiff Has No Right to Sale Proceeds from Foreclosed Property

Massachusetts foreclosure proceedings may involve multiple legal challenges from different parties and extend over many years.  In a May 13, 2019 case, the Appeals Court of Massachusetts reviewed a dispute over the surplus sale proceeds following a real estate tax … Continue reading

Posted in Real Estate & Property Law | Tagged , , , , , , , , | Leave a comment

Jury Rules in SEC’s Favor, Finds Brokerage Firm and Two of Its Executives Liable for Fraud

Jurors in Manhattan federal court today returned a verdict in the Securities and Exchange Commission’s favor against a brokerage firm and two of its executives.The SEC charged the brokerage firm, Portfolio Advisors Alliance Inc. (PAA), Howard J. Allen, the indirect owner of … Continue reading

Posted in Securities Law | Tagged , , , , , , , , , | Leave a comment

New Study Finds that High Tax Rates Lower the Chance of Business Survival

A new working paper from the International Monetary Fund (IMF) by economists Serhan Cevik and Fedor Miryugin shows that taxes have an economically important effect on whether firms survive in the marketplace. Amid concern by policymakers and scholars over the … Continue reading

Posted in Tax Law | Tagged , , , , , , , | Leave a comment