City of Chicago v. Fulton: §362’s Automatic Stay Provisions do not Apply to Property in a Creditor’s Possession at the Time of Filing of a Bankruptcy Petition In City of Chicago v. Fulton, decided January 14, 2021, the US Supreme …
Can You Form an Anonymous LLC in Texas?
Can you set up an anonymous LLC in Texas? Although Texas law does not permit anonymous LLCs to be formed within the State of Texas, you can protect your LLC’s privacy by setting up your LLC in a state that …
Prosper Florida, Inc. v. Spicy World of USA, Inc.: Who Bears the Loss When Payment for Goods is Fraudulently Redirected in a Payment Scam?
In Prosper Florida, Inc. v. Spicy World of USA, Inc., a Texas appellate court was presented with the question: “Who should bear the loss between a buyer and seller of goods when someone fraudulently misdirects payment for the goods to …
Notice of Default and Intent to Accelerate – When are Notice Waivers Valid?
A lender must provide notice of default and intent to accelerate to a borrower before initiating foreclosure proceedings, and it is standard practice for lenders to include waivers of the notice requirement in the promissory note, the deed of trust, …