Mark R. Basile, Esq.Feb 9, 20233 min readMerchant Cash Advance Industry in New York – Not so Fast!Merchant Funders, companies that purport to purchase future accounts receivables from small underfunded private and public companies, and...
Mark R. Basile, Esq.Dec 14, 20226 min readShould the NY Attorney General Expand its Investigation to Convertible Note Lenders - Usury Laws.Our law firm is known for taking the position that fixed discount convertible notes used to finance small underfunded public companies...
Eric J. Benzenberg, Esq.Mar 29, 20224 min readWhy a CEO MUST Consult an Attorney Prior to Amending a “Choice of Law” Provision in a ContractMost laws in our country don’t tend to differ much between states. In fact, it’s probably accurate to say that a majority of states’...
Marjorie M. Santelli Esq. and Christopher M. Basile, Esq.Feb 27, 20228 min readHow RICO and the Adar Bays Decision Can Help Microcaps Recover Losses Caused by Toxic LendingOn October 14, 2021, the New York Court of Appeals issued its decision in Adar Bays. The Adar Bays decision put a major dent in the...