StokesLaw™ Briefs

Tom Lerner explains the changes to the Bankruptcy Code that will come with the Small Business Reorganization Act of 2019, and offers practical tips for lenders who may be impacted.

Claire Taylor explains how two recent court decisions suggest that employers may be subject to damages under the tax code for improperly classifying employees.

The federal Bipartisan Budget Act of 2018 overhauled the former rules for partnership audits. Claire Taylor explains that instead of a tax matters partner, a partnership must now designate a partnership representative.

In an April 2nd decision, an Appellate court reminds foreclosing lenders to say what you mean and mean what you say. Claire Taylor and Tom Lerner explain that ambiguity and delay can lead to unintended outcomes.

In Centrum Financial Services v. Union Bank, decided December 17, 2017, the Court of Appeals clarified the limitations on the right of a junior lienholder to cure a default of a senior secured indebtedness. Tom Lerner reminds lenders to use caution when considering whether to foreclose on a second deed of trust.

Tom Lerner provides a recap of key foreclosure cases from 2016.