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Legal Insights

Educational Articles Written By Members Of The Firm
Ross Pitcoff Law > Legal Insights (Page 5)

BEWARE OF: Fake ICO Scams

One of the best results from the Cryptocurrency boom has been the rise of the initial coin offering as a way for companies to raise capital. With thousands of new Blockchain-based companies entering the market with unique ideas and exciting projects, users can now back their favorite businesses easily. However, this massive explosion of ICO opportunities has inevitably raised the specter of fraud. That is when having a great lawyer or law firm comes in handy. To speak with an attorney today: email: ross@rosspitcofflaw.com or call: (646) 386-0990. ...

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Liquidated Damages and Liquidated Damage Provisions

Liquidated Damages are settled in advance by the contracting parties. If a contract contains a Liquidated Damage Provision, the amount of damages in case of a breach is specified or a method for determining damages is laid out. The benefit of such a provision is the ability to control risk exposure that is inherent in business law. To speak with a business lawyer today: email: ross@rosspitcofflaw.com or call: (646) 386-0990 to set-up a free consultation. ...

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Trade Secrets 101

Trade Secrets are the "classified documents" of the business world, just as top-secret documents are closely guarded by government agencies. Because of the cost of developing certain products and processes is much more expensive than competitive intelligence, companies have an incentive to figure out what makes their competitors successful. To protect trade secrets, a company may require employees privy to the information to sign non-compete or non-disclosure agreements (NDA) upon hire. To speak with a lawyer today, call: (646) 386-0990 or email: ross@rosspitcofflaw.com to set-up a free consultation. ...

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Standard and Commercial Contract Terms

Standard commercial contract terms are usually appropriate while selling goods or services that are the same, or very similar. For bespoke products or services that vary according to the job to be undertaken, such as some building services or software developments, you may need to negotiate a separate written 'trading' contract for each transaction. To learn more or to speak with a lawyer at Ross Pitcoff Law today, call our office at: (646) 386-0990 or email: ross@rosspitcofflaw.com ...

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Private Investment in Public Equity (PIPE)

Private Investment in Public Equity (PIPE) is the buying of shares of publicly traded stock at a price below the Current Market Value (CMV) per share. This financing technique is more efficient than secondary offerings due to fewer regulatory issues with the Securities and Exchange Commission (SEC). To learn more about financing techniques, email: ross@rosspitcofflaw.com or call our office at: (646) 386-0990 to set up a consultation. ...

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Freezing Injunctions 101

At Ross Pitcoff Law, we have recently been answering a lot of questions about freezing injunctions. A freezing injunction stops the opposing side from disposing of, or dealing with, their assets (or some of them) until the main dispute is resolved. 'Assets' could include bank accounts, land, shares, bonds, and other financial instruments or vehicles, even if the other side is holding them in trust for a third party. To learn more about frozen injunctions, feel free to email: ross@rosspitcofflaw.com or call our office at: (646) 386-0990 to set up a consultation. ...

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Restraining Orders 101

At Ross Pitcoff Law, we have been receiving a few questions in regards to restraining orders. A restraining order is a court order intended to protect you from further harm from someone who has hurt you. It works to keep the abuser away from you, stop harassing you, or keep the abuser from the scene of the violence, which may include your home, workplace, or apartment. It is good to know that this is a civil order, and it does not give the abuser a criminal record. To learn more or to speak with a lawyer at Ross Pitcoff Law today, call...

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Dispute Resolution Clauses

Dispute resolution clauses are standard elements of commercial contracts. They come in many varieties such as: Arbitration and Jurisdiction. Arbitration clauses enable contracting parties to refer certain disputes to arbitration in the event of a dispute, avoiding the potentially higher cost of litigation and paving the way for effective enforcement under the statute and the New York Convention. Then we have Jurisdiction clauses, also called the choice of court clauses and various other names. They provide that litigation either must or may be heard in a particular court in the event of a dispute. To learn more about Dispute Resolution Clauses, feel free...

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Contract Terms Analysis

Whether your contract is written, oral or perhaps both, knowing which contract terms to argue over enables you to apply more pressure. If you are claiming that your standard contract terms apply, for example, and can show that the opposing side agreed to them before the contract was made, you will be in a much better position. To speak more about contracts and their terms, email: ross@rosspitcofflaw.com or call our office at: (646) 386-0990 to set up a consultation. ...

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The Usage of Equity Issuance

The underlying technology behind Cryptocurrency is Blockchain, by which many users or "nodes" all hold a complete record of all transactions that have ever occurred on the platform. Because the full ledger of historic transactions exist across all computers on the Blockchain, it is very difficult to forge fraudulent transactions; every user has access to a complete, verified record and could see any discrepancies that arise from foul play. This is referred to as a "distributed ledger". For more information or to speak with an attorney today, email: ross@rosspitcofflaw.com or call: (646) 386-0990. ...

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