May
05

Civil Rights: Don’t Be Penny-wise and Pound Foolish

It is no secret that, in today’s economy, businesses of all sizes, and in all industries, are experiencing layoffs and cutting costs, particularly their discretionary expenses. The same is true for landlords, who are faced with more than the usual number of evictions.

In taking these necessary actions, however, both employers and landlords should be careful not to expose themselves to potential liability, particularly in the area of discrimination law. Discrimination cases can yield very large awards, and are more prevalent during difficult times such as these.

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Sep
15

Understanding the Nuts and Bolts of Wills

Do you need a legal will? Yes!

A will allows you to determine who will receive your assets at your death and when they will receive it. For example, your will can give assets directly to specified recipients or direct your assets to a trust until the beneficiaries of that trust reach a specified age. A will also allows you to choose the executor, who will administer your estate, and grant additional powers to your executor, such as the power to sell real estate without permission from the court. Of importance to anyone with minor children, a will also allows you to name the guardian(s) who will raise them.

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Sep
15

Maximizing the Protection of Single Member LLC Real Estate

Most real estate investors would agree that among their major concerns when purchasing real estate are limiting personal liability and not having their personal assets subject to creditor claims. To address these concerns, limited liability companies (“LLC”) are growing in popularity as real estate holding entities. Unlike a general partnership, under which all partners may be personally liable for claims against the partnership, or a limited partnership, under which the general partner and the limited partners who actively participate in the management of the limited partnership face personally liability, all of the members of a properly formed LLC can avoid personal liability for the LLC’s action.

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Sep
15

Achieving Desirable Results for Our Clients

Konowitz & Greenberg strives to provide unparalleled service and results to its individual and business litigation clients, no matter where the dispute may occur. Recently, Konowitz & Greenberg succeeded in obtaining the dismissal of claims filed against one of its clients in Maine. That case, filed by one partner against the other members of a partnership established for the purpose of owning and operating a commercial property in Maine, alleged a breach of fiduciary duties and obligations by the partners and sought an accounting, the appointment of a receiver over the Maine property and the dissolution of the partnership.

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Sep
15

Demystifying Deceptive Mortgage Lending Practices

Given the microscope under which the predatory lending practices of many banks and mortgage companies are being examined these days, it is important to know which practices are legal and which are not when shopping for a new mortgage.

Massachusetts law provides that “it is an unfair or deceptive act or practice for a mortgage broker or lender to conceal or fail to disclose to a borrower any fact relating to the loan transaction, disclosure of which may have influenced the borrower not to enter into the transaction with the broker or lender.” In addition, any affirmative false or misleading representation or statement of fact concerning the loan may violate the law. These regulations have the teeth of the Massachusetts Consumer Protection Laws behind them, and damages may include attorney’s fees and treble damages.

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Sep
01

K&G Welcomes Our Newest Associate, Rosalind Kabrhel, to the Firm

K&G welcomes our newest associate, Rosalind Kabrhel, to the firm. A graduate of Catholic University of America, Roz brings with her over nine years of litigation savvy from her work in both the political and public sectors. Welcome, Roz!

Jun
25

Attorney Karen K. Greenberg is the new President of the American Academy of Adoption Attorneys

K&G would like to present our very own Attorney Karen K. Greenberg as the new President of the American Academy of Adoption Attorneys, a network of attorneys across the U.S. and Canada. Congratulations Karen!

Jun
22

When Bankruptcy Hits Home: Will A Homestead Declaration Protect You?

A Massachusetts Homestead Declaration protects up to $500,000.00 of equity in your home, protecting the home from being taken by creditors. A Declaration of Homestead must be filed with the Registry of Deeds, and can be done at any point when one owns and occupies a home as a primary residence, not just at the time of purchase.

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Jun
21

Proven Ways to Recession-proof Your Business

Good companies and good products are in demand no matter what the economy is doing. The keys to riding out any recession are planning ahead, being willing to listen to everyone within your organization, and paying close attention to their ideas and suggestions.

Recession-proofing a business begins with being proactive. Remember, many of your customers will also be feeling the pinch. Listen for opportunities where you can offer a solution to their problems, i.e., propose different sizes of shipments or offer new product formats. In addition, focus on service. It is one of the best ways to add value without additional cost.

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Jun
21

Litigation Risk Assessment as a Business Organization Tool

Few business owners would dispute the importance of effective business planning and sound business practices to running a successful and profitable business. As many of Konowitz & Greenberg’s business clients can attest, these principles are the mantra of this firm’s corporate law department.

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