#General Business Law

[bodnerlawpllc]

The Role of a Business Transaction Lawyer in Long Island Bankruptcy Law

In the dynamic realm of business, challenges are inevitable, and financial downturns can lead companies to seek refuge in the intricate landscape of bankruptcy law. Long Island, a bustling hub of economic activities, often witnesses businesses grappling with financial crises. In such turbulent times, the expertise of a Business Transaction Lawyer becomes paramount, offering a guiding hand through the complexities of Long Island Bankruptcy Law.

The Foundation of Sound Transactions

A proficient Business Transaction Lawyer plays a pivotal role in establishing the foundation for successful business dealings. By ensuring that contracts are meticulously crafted and adhere to legal standards, these legal professionals safeguard their clients from potential pitfalls. In Long Island, where business transactions are the lifeblood of the economy, the role of a skilled lawyer becomes even more crucial in mitigating risks and promoting fair dealings.

Financial Crisis Management

In the face of financial adversity, businesses on Long Island often turn to bankruptcy law for relief. Business Transaction Lawyers specializing in bankruptcy law bring a wealth of experience to the table, helping companies navigate the intricacies of Chapter 7, Chapter 11, or Chapter 13 bankruptcy. Their expertise becomes a beacon, guiding businesses through the legal processes and ensuring compliance with Long Island's specific bankruptcy regulations.

Negotiating with Creditors

When a business is in financial distress, negotiating with creditors becomes a delicate yet essential aspect of the recovery process. Business Transaction Lawyers adept in Long Island Bankruptcy Law act as skilled negotiators, working tirelessly to secure favorable terms for their clients. By striking equitable deals with creditors, these legal professionals play a vital role in facilitating the restructuring and revitalization of struggling businesses on Long Island.

Litigation Support in Bankruptcy Proceedings

In the unfortunate event that bankruptcy proceedings escalate to litigation, having a seasoned Business Transaction Lawyer by one's side is invaluable. Long Island's legal landscape demands a nuanced understanding of both transactional and litigation aspects. Business Transaction Lawyers proficient in bankruptcy law bring a holistic perspective to legal proceedings, strategically navigating courtrooms and advocating for their clients' best interests.

Conclusion

In the intricate dance between business transactions and bankruptcy law on Long Island, Business Transaction Lawyers emerge as indispensable partners. 

[soath]

also now that last bit is up, i'll say it. i think asmodeus should take time out of his very busy day to try to zerxus-ify amaris. a beleaguered, confused now-widower who his everpatient sister loves so very much? who got to raise his sanctimonious brother from childhood, see him bright and unaware in a way none of them have been since the dawn of time? unacceptable. if you think about it, asmodeus has to torment him. if only to draw a line in the sand. mortals can't start thinking they can get away with that sort of behavior (loving the people he loves when he wasn't there).

[theposhperyton]

What the Hell !

[lulushishii]

if anyone hasn’t seen the SBS about careers part two, NOBODY TOLD ME KIDD WAS SCOTTISH??? IM IMAGINING HIM WITH AN ACCENT NOW I’ve got to draw this later

[alexgalaxyboo]

Wake up babe, new spy au stuff just dropped

(au co-creator: @hyperfixationwizard)

König and Horangi are kind of separate from the main storyline but do play a very important part somehow, (again lol).

König was in an underground fighting ring (run by two, very well known and detested by us, Americans cough cough).

Horangi worked there but didn't fight, instead had some general duties like keeping track of bet money etc etc.

They knew each other and were fairly close, if I may directly quote Hype, "they were each other's softness in a world that only gave them hardship for a while".

That was of course until Horangi got in trouble. It's canon that he's a "dogshit gambler" so who knows. Maybe he got too cocky, maybe he bet on the wrong kind of guy, maybe he couldn't pay his debt and Graves threw him in the ring instead.

Maybe he lost and had to pay the price otherwise.

Maybe that's when he got his scars ("You act all tough and you can't even win a fight? You call yourself tiger yet you don't look like much of one to me, maybe we should fix that, huh?")

Maybe that's when Nik finds him (when he was doing god knows what, probably trying to get info about Shepherd's dirty business for the team) and takes pity on him.

He has to call some big favours and pull some strings but he manages to get the poor boy out of there.

Takes him off the grid in some little village in the middle of fuck knows where, Eastern European countryside to heal both physically and mentally.

(Horangi is the first to bear witness to the most horrendous down bad pining behaviour from Nik on Price's urgent visit for a few days.)

When Horangi completes his Training Arc™ and goes off again he does end up doing shady business again but this time things end up a lot better for him and he manages to actually own a whole ass casino in the end.

He's very cool and badass and rich and stuff. König is a pathetic wet cat.

They meet like, a decade or so later after König has also managed to get himself out of Shepherd's ring and heard about Horangi from rumours.

He's very pissed off because he thinks that Horangi abandoned him and rose to power through Graves' help and initially he goes to confront him very angry.

Horangi doesn't recognise him at first (it has to do with the mask but when and what kind of mask he wears is still a wip, all I know is that he wore a different kind back then) so it takes a bit of miscommunication, some pining and a lot of bottled up feelings spilling over until he realises why König's angry and apologises again and again explaining how much he didn't want to leave him behind and that he would've contacted him if he could.

Once they've figured their shit out, they set off to find the 141 and co as temporary allies due to a shared interest (Shepherd and Graves' crumbling to the ground).

They're actually there in The Gala when shit hit the fan and Soap was shot but didn't manage to talk to either of them before disaster struck so they don't get in contact with them until a month or so later.

[galerymod]

A myth (more rarely mythus, obsolete mythe, plural myths, from ancient Greek μῦθος, "sound, word, speech, tale, legendary story, tale", Latin mythus) is in its original meaning a narrative. In religious myths, the existence of humans is linked to the world of gods or spirits.

Myths claim validity for the truth they assert. This claim to truth has been criticised since the Greek Enlightenment by the pre-Socratics (e.g. Xenophanes, around 500 BC). For the Sophists, myth stands in contrast to logos, which attempts to justify the truth of its assertions through rational evidence.

In a broader sense, myth also refers to people, things or events of high symbolic significance or simply a false idea or lie*.

For example, the adjective "mythical" is often used in colloquial language as a synonym for "fabulous-vague, fabulous or legendary".

Wikipedia

How can it be that a man who describes himself in public as a successful businessman worth billions cannot pay a financial penalty and that someone wants to vouch for him?

Trump can't pay 450 million dollars

In February, former US President Trump was fined 450 million dollars in New York for fraud. Now his lawyers have announced: Trump cannot pay. According to his lawyers, former US President Donald Trump is currently unable to guarantee payment of a fine of more than 450 million dollars from a fraud trial. Despite great efforts and negotiations with around 30 companies, it has not yet been possible to obtain such a guarantee, according to a letter from his legal team to the competent court in New York. Several US media outlets unanimously quote from the letter, arguing that it would be "practically impossible" to make the payment on time.

Trump has received a refusal from 30 bail companies, according to a letter from his lawyers to an appeals court on Monday. Many would not provide collateral in excess of 100 million dollars and would not accept real estate as collateral.

Forbes magazine estimates the property entrepreneur's total assets at 2.6 billion dollars. Trump recently stated that his cash assets totalled around 400 million dollars.

"I thought he was a billionaire? Is he lying to the public or the court?" Law professor Andrew Weissmann poses the question of questions on X in relation to Donald Trump's liquidity: How much is there to the image of the self-made billionaire?

How much money does Trump himself have?

Last year, Trump testified in court that he had a cash fortune of around 400 million US dollars. The latest legal documents indicate that he does not have anywhere near that amount of money at his disposal, Professor of Business Law Will Thomas from the University of Michigan. However, he and the Trump Organisation would have significantly more assets at their disposal. His largest asset holdings are tied up in property. If Trump is unable to pay in other ways, he could be forced to sell some of his properties, according to Professor Thomas. His lawyers want to prevent this and warn that Trump would have no way of buying them back if he is successful with his appeal.

Where could the money come from?

Without liquid funds, there are two options for Trump to prevent enforcement for the time being.

Guarantees: A guarantee would probably be the only solution for him. This would allow him not to have to sell anything for the time being. At the same time, guarantors require collateral and often only accept cash or shares in return - not property. Trump also needs to find someone who is prepared to guarantee an enormous sum of over 550 million dollars.

Donations or campaign funds: He is also receiving support from private sources, but the sums are nowhere near enough. Trump supporters are collecting money for him on the internet, with over a million private donations having been collected so far.

Again and again, it is also about money from Trump's election campaign. Federal law prohibits Trump from using campaign funds for personal purposes. However, it is legally unclear to what extent campaign money from political action committees (PACs) and funds from the Republican National Committee (RNC) fall under this. But even these funds would be far from sufficient.

If he loses the aura of the successful billionaire self-made businessman, he also loses his aura of success.

mod

This kind of legal action would not only be a serious blow to Trump's finances, but also to his image, as he always praises himself as a brilliant businessman.

The biggest bankruptcies* of Donald Trump

It was always visible to everyone, but as long as you can keep generating capital, the myth can be maintained

Trump Ice

In 1995, Donald Trump founded the Trump Ice Natural Spring Water brand (Trump Ice for short) - his own brand of bottled drinking water. However, the sales figures were not particularly good. After missed payments to the producer and a lawsuit against Trump Ice in this connection, production was discontinued. Today, only bottles with collector's value are sold on eBay and the like.

Trump Steaks

Donald Trump founded his own steak company in 2007. The company was to be dedicated exclusively to selling his favourite food and running a steakhouse in Las Vegas. The prices for the steaks varied between 199 and 999 US dollars. Despite such bargain prices, the company had to close in the same year. The steakhouse was shut down after the health department found 51 health code violations.

Trump University

In 2005, Donald Trump opened "Trump University" - a distance learning university specialising in the real estate industry that was not officially recognised as a university. Enrolment cost up to 35,000 US dollars, but many of the course instructors, who were allegedly selected by Donald Trump himself, often did not have the appropriate qualifications. The school had to be closed down for good in 2011. Thousands of students filed a lawsuit against the former US president, who relented in 2017 and offered a settlement despite his supposed innocence. This was confirmed by the US Court of Appeal in 2018 and secured compensation of USD 25 million for the more than 4,000 ex-students.

New Jersey Generals

In 1984, Donald Trump bought his own football team, the New Jersey Generals. However, they did not play in the famous National Football League, the NFL, but in the smaller offshoot, the United States Football League (USFL). Just one year later, the team was bankrupt and the entire United States Football League with it. Trump had tried with all his might to bring about a merger of the UFSL with the NFL. This prevented Donald Trump from taking over a team in the NFL.

Trump Vodka

According to Donald Trump himself, he does not drink alcohol. However, this did not stop him from launching his own premium vodka on the market in 2005. However, production was discontinued in 2011.

Trump Magazine

Donald Trump made several attempts to land a hit in the luxury magazine segment. After two failed attempts, he launched the quarterly "Trump Magazine" in 2007, which covered topics such as yachts and other toys for the rich. However, the magazine was cancelled in 2009.

Gotrump

In 2006, Donald Trump ventured into a search engine for luxury travel. It included private jets, tickets for exclusive events and supposedly personal recommendations and travel tips from Donald Trump. However, it was shut down again after just one year due to poor reviews.

Trump: The Game

Trump tried twice to establish himself on the board game market with the board game "Trump: The Game", but failed twice. The game is, of course, about money. The game first came onto the market in 1989, but was discontinued shortly after its release. In 2005, he tried a new edition in collaboration with Parker Brothers, but this version also failed.

Trump Shuttle

In 1989, Trump bought his own airline, "Trump Shuttle". The airline was to fly business people back and forth between New York, Boston and Washington. The interior of the Boeing 727 was elegantly furnished with maple panelling and chrome seat belt buckles, and gold fittings were installed in the toilets. However, the luxury was too expensive for the passengers. Three years later, the over-indebted company was sold to US Airways.

Trump Entertainment Resorts

With the company "Trump Entertainment Resorts", Donald Trump operated several casinos in the gambling metropolis of Atlantic City, including: Trump Taj Mahal, Trump Plaza and Trump Marina. All were closed between 1999 and 2016, and the company filed for bankruptcy three times between 2004 and 2014. In 2014, debts are said to have totalled around 1.8 billion US dollars. Trump himself withdrew completely from the company in 2016 and sold his shares to billionaire Carl Icahn.

Trump Mortgage

In April 2006, Donald Trump announced the founding of his own mortgage bank, Trump Mortgage, at a press conference. He predicted a rosy future for his endeavour and that the bank would soon become the largest lender for home loans in the USA. However, as with "Trump Magazine", the timing was not exactly fortunate. Just one year later, the former US president's mortgage bank had to file for insolvency.

[chenziee]

one day, I will feel confident enough in my writing to not rely on outside validation to survive

today is, sadly, not that day

[fixa-ryeter]

did something cursed (japanese names except mandarin pronunciation)

[seekingthestars]

sometimes i get the General Melancholies and i hate it a lot

[bmpmp3]

when i was a kid i was really REALLY into fantasy books and comics but interestingly ive noticed as an adult im like. too picky about it? i still read and love a lot of fantasy fiction but while when i was a kid i loved it because of the fantasy worldbuilding but as an adult, 99% i like it Despite it all LOL like ive noticed i prefer most fantasy stories to not dwell too much on magic systems or whatever because i just dont care EXCEPT

except. recently i have discovered that actually i do really like fantasy, low or high, soft or hard, but you need one thing. you need your main character to really REALLY care about some hyperspecific aspect of your fantasy worldbuilding and make it the foundation of the story's scenarios:

either make them autistic and really into monsters or magic or whatever (a certain tasty dungeoning manga that i have been reading recently has taught me this) OR

make them a fucking business major and do real life financial stock market bullshit but like. in fantasy medieval times with wolf goddesses (spice and wolf <3)

[codewithcode]

Civil rights groups warn tourists about Florida in wake of 'hostile' laws

ORLANDO, Fla. — The NAACP over the weekend issued a travel advisory for Florida, joining two other civil rights groups in warning potential tourists that recent laws and policies championed by Gov. Ron DeSantis and Florida lawmakers are “openly hostile toward African Americans, people of color and LGBTQ+ individuals.” The NAACP, long an advocate for Black Americans, joined the League of United…

[bodnerlawpllc]

General Business Law

Bodner Law PLLC offers legal services under different practice areas like litigation, food law, bankruptcy, transaction, etc. in New Jersey, New York City, and Long Island. It provides services to businesses of different sizes and individuals with professional attorneys in their team.

[warlordfelwinter]

i was thinking more about asmodeus' waterdhavian sona in the car and decided that patience is

a) a lawyer because that was the funniest imaginable thing i could think of, for asmodeus to secretly have a law firm in waterdeep (the dm came up with the slam dunk name 'patience is a virtue legal solutions' for his practice)

and b) significantly shorter than celeste

literally no one who even remotely knows celeste can figure out why they're dating and everyone agrees he's astronomically out of patience's league

[humanveil]

we're recapping corporate law for this class and i do hate how much of me is like wow this is just like succession

[solvicrafts]

Wow, $250 whole dollars!

[rabbityshen]

i've seen a few comments mourn internet archive as if it's being entirely shut down, and while this decision sucks and is bad (and will have significant negative ripple effects), the internet archive is not currently being shut down. specifically, access to 500,000+ previously available digital books it hosted is being cut off. (this decision was actually made a while ago and that the ia tried to appeal but ultimately failed to reverse.)

https://www.theverge.com/2024/9/4/24235958/internet-archive-loses-appeal-ebook-lending

here is a link to the petition mentioned in the screenshot: https://www.change.org/p/let-readers-read-an-open-letter-to-the-publishers-in-hachette-v-internet-archive?

here is also a donation link for the ia if you have the means and believe their work is important: https://archive.org/donate/

heartbreaking news. between this, tougher crackdown on illegal tv streaming sites (kimcartoon has just permanently gone down), coming after scanlation sites, and the general moral panic around AI having people actually root for wider nets and stricter enforcement of copyright/ip law, i have a feeling the state of art and media online is going to get much much worse.

the precedent this sets for what people are allowed to do with physical print books they own is absolutely horrible, since there is nothing the Internet Archive loaned out that they didn't have a 1:1 legally acquired physical copy of before digitizing.

“This appeal presents the following question: Is it ‘fair use’ for a nonprofit organization to scan copyright-protected print books in their entirety, and distribute those digital copies online, in full, for free, subject to a one-to-one owned-to-loaned ratio between its print copies and the digital copies it makes available at any given time, all without authorization from the copyright-holding publishers or authors? Applying the relevant provisions of the Copyright Act as well as binding Supreme Court and Second Circuit precedent, we conclude the answer is no,” the decision states. [...] “This characterization confuses IA’s practices with traditional library lending of print books. IA does not perform the traditional functions of a library; it prepares derivatives of Publishers’ Works and delivers those derivatives to its users in full,” the court held. “Whether it delivers the copies on a one-to-one owned-to-loaned basis or not, IA’s recasting of the Works as digital books is not transformative.”

i hope all of the authors who went to bat for taking books away from the public don't know a moment of peace for the rest of their careers lol. i hope it was worth solidifying the publishing industry's grip on the entire sphere of literature just to get a few extra royalty pennies in your pockets.