Monthly Archives: March 2017

//March

New York Litigation: Understanding the Concept of Discovery

One of the most misunderstood aspects of litigation is the concept of discovery. The rules of discovery are complex and varied, causing both legal professionals and scholars alike to differ on their application. If you are party to litigation in New York, a brief overview of the discovery process can help you understand the role of discovery and how the right lawyer can make discovery work for you.    Understanding discovery Discovery refers to the process either by civil or criminal courts of gathering evidence from the opposing side in preparation for a trial. Regardless of whether the process is in criminal or civil court, the discovery phase occurs before trial. The process of discovery stems from the founding principle that someone accused of wrongdoing has the right to face their accuser and hear the evidence against them. The concept of discovery is fairly straightforward: in order for all [...]

2018-12-07T20:45:32+00:00March 23rd, 2017|

How To File For Divorce in NY? Here’s What You Need to Know

Couples who are considering divorce have many issues to consider, from the requirements to filing for divorce, to division of property, to custody of their children. Since the laws governing divorce vary from state-to-state, it can be difficult for couples to know how their state’s laws will impact their family as they transition through a divorce. New York couples can better prepare for their divorce by understanding how state law affects 7 common aspects of divorce. Here's how to file for divorce in NY: Residency requirement There are two requirements to file for divorce in the state of New York. The first is the residency requirement, which can be met in several ways: You or your spouse have lived continuously in New York for two years before filing for divorce You or your spouse have lived continuously in New York for one year and either: You were married in New [...]

2018-12-07T20:45:39+00:00March 10th, 2017|

Financing From the Masses: Crowdfunding Your Business Venture

The crowdfunding phenomenon took flight around 2008, and since then over $35 billion has been invested into creative ideas by people eager to get in on the ground floor of an exciting new product or concept. Title III of the Jumpstart Our Business Startups Act (JOBS Act) established provisions for crowdfunding that allowed startup businesses to offer and sell securities. The Securities Exchange Commission adopted Regulation Crowdfunding to implement these provisions, and  the new rules took effect on May 16, 2016, allowing the general public to invest in business startups—whereas before only accredited investors could finance news businesses. All the hoopla and all that money is motivating more and more small businesses to jump on the crowdfunding bandwagon and cash in on what appears to be an amazing opportunity, which it can be if you are mindful of both its advantages and disadvantages. Crowdfunding: The Advantages Cheap and easy [...]

2018-12-07T20:45:46+00:00March 10th, 2017|

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