2018 First Quarter Newsletter

In this issue of The Legal Pad, James Vann discusses why the ‘People First Approach in Business Leads to Success’. Joe Davies discusses ‘Common Landlord Misconceptions’ and Jim Beck reviews ‘Collections Techniques in Bankruptcy’. We also review ‘Succession Plans for Your Family Business and How to Build Consensus for Success’.

Collections Techniques in Bankruptcy

Jim Beck discusses discusses situations in which a bankruptcy is either beneficial to a creditor or only a mild hindrance to collection. Creditors should actively seek out opportunities to use the bankruptcy laws to their benefit and make sure there are no available recovery options prior to ceasing collection activities.

Webinar: 2017 North Carolina Lien Law & Payment Bond Law Update

Vann Attorneys will be hosting this webinar on Thursday, October 19, 2017 from 3:00 to 3:30 p.m. North Carolina Lien Law in 2017: Three Important Things to Remember. Join us as we discuss the current lien law for North Carolina. We will identify three areas of the law that are important to remember as subcontractors and/or suppliers.

Webinar: Protect Your Customer Data & Your Business

Thursday, August 31, 2017 from 3:00 to 3:30 p.m. We as North Carolina businesses collect a great deal of personal identifiable information from our clients and elsewhere. There are a number of requirements your team should follow in order to protect confidential information.

2017 First Quarter Newsletter

James Vann, Joe Davies and Jim Beck discuss Accepting Partial Rent, Clarifying Possessory Liens in North Carolina, The Necessity of Well-Drafted Agreements, and Enforcement of Foreign Judgments in this issue of the Vann Attorneys Legal Pad newsletter.

The Benefits of Forming as an LLC

Deciding which business entity your new company should be is a daunting task.  You will need to consider the tax implications, the state liability issues, and what ongoing responsibilities will have to be performed in order to keep the company in good standing.  Fortunately, for most the choice ends up being relatively simple: form as a limited liability company or …

Supreme Court Will Determine Whether ECOA Applies to Guarantors

About eighteen months ago, we wrote in this space about the Equal Credit Opportunity Act (ECOA) and its application to requiring spousal guaranties as part of extending credit to customers. Recently, the U.S. Supreme Court agreed to hear a case to determine whether the ECOA applies at all to guarantors. Under the terms of the statute, the law applies only …

Webinar: Pre-Judgment Proceedings

Tuesday, July 22, 2014 from 3:00 to 3:30 p.m.Vann Attorneys Webinar: Pre-Judgment Proceedings How do you improve your chances of recovery before a lawsuit? Join our webinar on how to improve your chances of recovery in a lawsuit and how to secure assets before filing. When waiting for a judgment is not an option, there are other methods available to recover …

A Check is a Check is A Check…

Most of us are accustomed to treating bank checks – whether we call them cashier’s checks or certified checks – as substantially different from personal checks. And in many respects, they are different – when someone has gone to the trouble to get a check from their bank, you can usually be pretty confident that the check will be honored. …

Drone Law Coming to North Carolina

Most of us are familiar with unmanned drones being used for military and reconnaissance purposes. However, some are looking for ways to use drones for commercial purposes. For example, Amazon is exploring the feasibility of delivering packages via drones. Farmers already use drones to fertilize crops. North Carolina is seeking to become a leader in the drone industry, hoping to …

Confidentiality Provisions in Settlement Agreements

If you’ve ever signed a settlement agreement resolving some dispute, chances are pretty good it contained a confidentiality provision. In many cases, one side or both wish to keep the terms of a settlement to themselves – whether to avoid disclosure of amounts paid to settle or for some other reason. In our experience, these provisions are often paid lip …

Joint Check Agreements – Not a Silver Bullet

Joint check agreements, or joint pay agreements, are a common credit management device, and can be an excellent tool to make sure that you get paid when your customer does. In most cases, however, they do not create a situation where you can seek money directly from the general contractor. In order to use them effectively, it is important to …