Equitable distribution is the distribution of property and debt obligations used by courts in most states when dividing marital property during divorce proceedings. Equitable distribution does not mean “equal” division – it... Continue Reading
Employer could be held liable for employee’s conspiracy to commit fraud under theory of respondent superior, where public policy preferred placing responsibility for injury upon principal of tortfeasor agent rather than... Continue Reading
The Internal Revenue Service advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans. Responding to many questions received from taxpayers and tax professionals, the IRS said that... Continue Reading
Trial court erred in granting husband’s petition to decrease his alimony obligation because husband’s stated desire to retire at some point in the future did not constitute a substantial and continuing change in circumstances... Continue Reading
Shareholders’ agreement’s inclusion of mandatory adjustments to valuation of employee share redemption price did not preclude application of accounting industry standard adjustments and discounts. Allen... Continue Reading