Corporate Officer and Director Liability for Crimes Comitted By Company – CEO ASSET PROTECTION

An area of liability and exposure that is becoming more common and which is routinely overlooked in planning is  Officer and Director liability including both civil and criminal liability. This issue affects a variety of C-level executives from the traditional C.E.O. right through C.T.O. as the witch hunt continues. The first lines of defense are simple, […]

Seven Ways To Survive a Business Cashflow Crunch – CEO/Entrepreneur/Startup

Over the last few years the concept of Asset Protection has greatly expanded to include not just the traditional threats like litigation exposure, but effective risk management on all fronts, including cash flow and other solvency related issues magnified by the economy. We’ve covered many of these issues here including those related to real estate, […]

Start-Ups: When Does Liability for Your Business or Medical Practice Begin? – Asset Protection

The many discussions we have shared here have largely centered on asset protection and other legal and financial issues faced by physicians and business owners. The bulk of those discussions assumed that you own or run a business or medical practice. Due to the growing availability of financial and legal education resources available to business owners, […]

Is my DEFINED BENEFIT PLAN safe if my employer goes out of business? – Asset Protection

If your employer goes out of business, any retirement plan your employer sponsored will be terminated. If the plan is a 401(k) or other defined contribution plan, your benefits are held in trust, apart from your employer’s assets, and you’ll generally be entitled to receive your full account balance in a lump sum. (You can […]

Former NFL Star, Jim McMahon named in FDIC Lawsuit – Board Member Liability – Asset Protection

The FDIC brought a lawsuit against Illinois Broadway Bank and former NFL player Jim McMahon is one of the seven former board members for the bank.   The FDIC is suing to recover $104 million from 17 bad loans that the bank made before it shut down in 2010. We warn all clients about Board […]

Business Owners and Managers CAN Influence the World for the Better – Choose To Do So

Like you I get a lot of email newsletters on variety of business and legal issues every day, much of it negative or scary . Most of them are unremarkable and get skimmed and deleted quickly. Every once in a while you get a gem, a good reminder of something you should be doing or […]

Intangible Traits of Successful Business Leaders – Success and Leadership

By Ike Devji, JD The majority of our discussions in this forum focus on specific intelligence and business tactics that support and preserve your success. However, I’m reminded of the less tangible elements of success on a regular basis by people I come across in my work. In most cases the things I make note of […]

From Success to Significance – A Holistic CEO Approach for Your Business

We’ve featured articles on a variety of business and legal issues including many on dealing with the current realities of the market and the economy and what those realities mean for our many business owner and executive clients. In this multi-part article two expert management and organizational development consultants, Charlie Tombazian and Dean Newlund share […]

How to Pick an Asset Protection Lawyer – Key Due Diligence Questions and Caveats

By Ike Devji, J.D. The last 8 years has created an explosion in the Asset Protection planning field due to both the large number of people who have finally realized that their wealth is more finite and fragile than they ever imagined and the litigation boom that inevitably follows tough times. Unfortunately, this new found […]