by danr | Apr 20, 2015 | Coran Ober P.C. Blog, Corporate Business Law, Flushing NYC Lawyers
Most contracts have a default provision. The default provision sets forth the conditions under which one of the parties will not have fulfilled its obligations under the contract. For example, failing to deliver goods or services on time, or failing to pay on time...
by danr | Apr 6, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Estate Planning, Flushing NYC Lawyers
If a person dies without a will, then their assets are disposed of in accordance with intestacy laws. Intestacy is a default provision set up by the government stating who would get your assets, and for many of my clients, that’s not where they want their assets to...
by danr | Mar 30, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Corporate Business Law, Flushing NYC Lawyers, Real Estate
As part of the process of purchasing a cooperative apartment, you often have to apply for approval from the board of that cooperative. Clients may ask me what my recourse is if I am not approved by the board. Unfortunately, boards have very broad discretion of who...
by danr | Mar 16, 2015 | Coran Ober P.C. Blog, Corporate Business Law, Flushing NYC Lawyers, Simeon Soterakis
When drafting a contract, they look complicated but are actually very simple. There are five or six essential points you have to determine. One, the parties to the contract; buyers and sellers. If you’re the buyer, you have to determine the vehicle that you’re going...
by danr | Feb 23, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Flushing NYC Lawyers, Intellectual Property
A difficult question to answer for clients is, “What do I do if someone stole my idea?” Unfortunately, ideas are not protectable. Many people are really puzzled to find this out. Quite simply, an idea has no protection. Fortunately, the tangible expression of that...
by danr | Feb 2, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Corporate Business Law, Flushing NYC Lawyers
A shareholder’s agreement is the agreement between the shareholders of a corporation. Ideally, a shareholder’s agreement is going to address what will happen in the event of the death, disability or divorce of any of the shareholders. It will also often have buy-sell...