Holidays are emotional times of the year, but that’s even more so this year when COVID has already disrupted so many plans and will continue to limit family celebrations well into the New Year. It also means that separated or divorced families should come up with a solid parenting plan – i.e., a child custody […]
Widerman Malek Law Blog
Small Business Reorganization Act: What It Means for Businesses in Current Economy
Timing is everything as the saying goes. It is unlikely Congress had the foresight of COVID-19 to enact legislation on August 23, 2019, with an effective date of February 19, 2020, that would make it easier for a “small business” to reorganize under Chapter 11 of the Bankruptcy Code.1 The goal of the Small Business […]
Mason Williams Named to Board of Directors of Promise in Brevard
Promise in Brevard recently named Widerman Malek attorney Mason Williams as a member of its board of directors. Established in 2009, Promise is a 501(c)(3) nonprofit organization with a mission to provide affordable, independent housing for individuals with cognitive and physical disabilities utilizing public and private partnerships to develop a model community. When announcing the […]
What Is Probate and Should You Avoid It?
For many families, avoiding probate may be a worthwhile endeavor in which to invest time and money. Estate planners, wealth management advisors and attorneys have built an industry helping people bypass probate. However, there are also common misconceptions about probate and the need to avoid it. To help give you a better understanding of the […]
Three Methods of Determining Fair Market Value in Eminent Domain
Eminent Domain The purpose of an eminent domain action is to compensate the property owner properly for the property that the government is taking for public use. It is important to understand the different ways that the property that will be taken is valued. There are three main methods that real estate appraisers customarily use […]
Bankruptcy Pre-Filing Debt Discharge Decision by Bankruptcy Court: Was It Bad Faith or Good?
At what point in time does acting in bad faith cause a pre-filing bankruptcy debt to be precluded from discharge? That issue was recently addressed by the U.S. Bankruptcy Court for the Southern District of Florida. In Frost Bank v. Rivera (In re Rivera), 2020 WL 4018986 (Bankr. S.D. Fla. July 16, 2020), Judge Grossman […]
Resolving Shareholder Disputes
Shareholder Disputes Unfortunately, shareholder disputes are a common part of business, but they don’t have to be debilitating to your enterprise. If you have a shareholder agreement in place, you’re already in a more positive position to resolve issues, but whether you do or not, you still may face the decision on whether to institute […]
Join Us for the Upcoming Webinar “Navigating Bankruptcy for Businesses”
Please join us on Thursday, September 24, 2020, for the webinar “Navigating Bankruptcy for Businesses: What Are Your Options?” co-presented by Widerman Malek and Withum. This is the second webinar in the series. There is no cost to attend this event. Event Details Navigating Bankruptcy for Businesses: What Are Your Options? Thursday, September 24, 2020 […]
What Investors Should Know Before Buying Foreclosure Properties
Foreclosures A foreclosure surge is coming. The recession, unemployment, continuing pandemic crisis, and end of government foreclosure moratoriums and lender forbearance plans will lead to the next housing crisis. During the previous foreclosure wave, most homes were “upside down,” as values sank below the mortgage debt and created a short sale market. This time, foreclosure […]
Real Estate Investors & Bankruptcy: SARE and Economic Crisis Impacts
Economy and Real Estate Market The Federal Pandemic Unemployment Compensation program expired at the end of July, which likely will cause economic impacts on housing and the real estate market. Recent statistics may be an indicator of the direct effect that federal unemployment compensation has had on the economy. The National Multifamily Housing Council reported […]