DEBT RESTRUCTURING WITH NEW COLLATERAL FRAUDULENT TRANSFER?

HOW CAN A DEBT RESTRUCTURING WITH NEW COLLATERAL POSSIBLY BE A FRAUDULENT TRANSFER?  ANSWER:            LIENS MAY BE SET ASIDE AND DEBT PAYMENTS DISGORGED IF THE PARTIES PLEDGING THE ADDITIONAL COLLATERAL DID NOT RECEIVE VALUE REASONABLY EQUIVALENT TO THE OBLIGATIONS INCURRED. You would think that curing a $2 billion loan default, restructuring loans and preventing further […]

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, […]

CAN YOU BE SUED FOR NOT HIRING A CRIMINAL? YES – Asset Protection and HR

DISCRIMINATING AGAINST CRIMINALS IN YOUR WORKFORCE     QUESTION:       CAN  THE  EQUAL  EMPLOYMENT  OPPORTUNITY  COMMISSION  (“EEOC”)  CHARGE  MY  COMPANY  FOR  DISCRIMINATION  IF  WE  FOLLOW  STATE  LAWS  PROHIBITING  US  FROM  HIRING  PEOPLE  WITH  CRIMINAL  RECORDS? ANSWER:          THE  EEOC  SAYS  THAT  COMPLYING  WITH  STATE  OR LOCAL  LAWS  DOES NOT  SHIELD  AN EMPLOYER  FROM LIABILITY  FOR  DISCRIMINATION  CAUSED  […]

Hidden Assets, Buried Gold, Stuffed Safes and Other Asset Protection and Estate Plans FAILS

The article below is by Attorney Mike King, and shares some detail on the legal issues surrounding intestate property and especially that which is “hidden” and undisclosed. My expectation is that this will be a common story for the next twenty years plus as many people who are currently accumulating and “hiding” assets like gold, jewels, […]