The Indiana Supreme Court has ruled that the failure of a secured creditor to file a financing statement is considered an “impairment of collateral” which subjects the guarantor to unpredicted liability. (more…)
Posts Tagged ‘Lori Young’
Impairment of Collateral: What are the Costs?
Thursday, June 3rd, 2010Hints for Corporate Resolutions
Tuesday, June 1st, 2010When obtaining Certificates of Resolution from a corporation, it is very important that all blanks are properly filled in and the necessary signators have signed. (more…)
Kicking the Tires on a Business Purchase
Wednesday, April 28th, 2010Purchasing a business or the assets of a business can be a risky proposition. One way you can decrease the risks to yourself as a buyer is to obtain as much information about the business as possible. (more…)
Why is My Employer’s Attorney Giving Me a Miranda Warning?
Friday, March 12th, 2010In an era of accounting and securities scandals there seem to be more and more internal corporate investigations. If you happen to work for an employer that gets caught up in one of these internal investigations you may be interviewed by your employer’s outside lawyers. If this happens you need to be aware that these attorneys probably do not represent your interests even though you are an employee of the company that they represent. You may want to consider hiring your own counsel to be in attendance at these interviews to represent your interests. (more…)
Hints for Corporate Resolutions
Tuesday, May 26th, 2009When obtaining Certificates of Resolution from a corporation, it is very important that all blanks are properly filled in and the necessary signators have signed.