by danr | Apr 6, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Estate Planning, Flushing NYC Lawyers
If a person dies without a will, then their assets are disposed of in accordance with intestacy laws. Intestacy is a default provision set up by the government stating who would get your assets, and for many of my clients, that’s not where they want their assets to...
by danr | Mar 30, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Corporate Business Law, Flushing NYC Lawyers, Real Estate
As part of the process of purchasing a cooperative apartment, you often have to apply for approval from the board of that cooperative. Clients may ask me what my recourse is if I am not approved by the board. Unfortunately, boards have very broad discretion of who...
by danr | Mar 23, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Corporate Business Law, Queens NYC Attorneys
An operating agreement addresses a number of factors about how the limited liability company will be run. The most important factors of the agreement are, what I call, the D’s of the operating agreement. What happens upon the dissolution of the company? The death,...
by danr | Mar 9, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Intellectual Property, Queens NYC Attorneys
The first piece of advice I give my clients when they receive a cease and desist letter is to take it seriously. Don’t just crumple it up and throw it in the trash. That can be a big mistake. A cease and desist letter is a request to stop doing something that...
by danr | Feb 23, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Flushing NYC Lawyers, Intellectual Property
A difficult question to answer for clients is, “What do I do if someone stole my idea?” Unfortunately, ideas are not protectable. Many people are really puzzled to find this out. Quite simply, an idea has no protection. Fortunately, the tangible expression of that...
by danr | Feb 2, 2015 | Alexis Soterakis, Coran Ober P.C. Blog, Corporate Business Law, Flushing NYC Lawyers
A shareholder’s agreement is the agreement between the shareholders of a corporation. Ideally, a shareholder’s agreement is going to address what will happen in the event of the death, disability or divorce of any of the shareholders. It will also often have buy-sell...