Insights

Minority Shareholders Owe a Fiduciary Duty to One Another and the Corporation

In the matter of Empire Dealer Services, Inc., et. al. v. Kimberly A. Guerin, et. al, a Massachusetts Court recently…

2 years ago

Missteps to Avoid When Retitling Investment Property

Most astute entrepreneurs will avoid running a business as a sole proprietor or as part of a partnership and opt…

2 years ago

Short-Term Rental Liability

The short-term rental sector continues to gain momentum among investors as it disrupts traditional real estate investments thanks to the…

2 years ago

Who Bears the Burden for a Fraudulently Intercepted ACH Payment?

Imagine you receive an email from a known creditor containing an invoice for an account payable. The email contains instructions…

2 years ago

The End of An Era: The FTC Proposal to Ban Noncompete Agreements

In a stunning proposal, the Federal Trade Commission (FTC) has proffered a universal ban on noncompete agreements. This proposal, albeit…

2 years ago

Project Owner’s Procrastination Presents Prompt Payment Pitfalls

Commercial construction projects of $3 million or more are subject to the Prompt Payment Act, G.L.c. 149, §29E (“PPA”), which…

2 years ago

Condominium Trust Has Duty of Care to Protect Residents from Crimes

Since the gruesome May 5, 2017, double murder of two doctors in their penthouse South Boston condominium unit, multiple lawsuits…

2 years ago

Incentivizing Key Employees with Phantom Stock

Creating incentives for employees to perform better can take many forms, such as merit bonuses or grants of equity through…

2 years ago

Seller Beware, Buyer Can Enforce Conditional Offer to Sell Real Property

According to Massachusetts case law, an order directing specific performance of a contract to sell real property is appropriate where…

2 years ago

Devil in the Details – Read Your General Liability Insurance Policy Closely

When presented with a contract, consumers should “read the fine print.” This adage is particularly important to general contractors (GCs)…

2 years ago