Category Archives: Business Law

Bankers Healthcare Group Class Action Lawsuit

Bankers Healthcare Group Class Action Lawsuit

A proposed class action alleges that Bankers Healthcare Group (“BHG”) and part-owner Pinnacle Bank (“PB”) have issued to consumers expensive loans fraudulently disguised as business loans to hide their “predatory” lending practices in violation of federal and state consumer-lending statutes. The lawsuit looks to represent anyone who signed or co-signed a financial loan from BHG […]

U.S. District Court Rules Corporate Transparency Act is Unconstitutional

The U.S. District Court for the Northern District of Alabama (“USDC”) held on March 1, 2024 that the Corporate Transparency Act (“CTA”), which requires most reporting companies (corporations and LLCs) to file a beneficial ownership information report (“BOIR”) with the Financial Crimes Enforcement Network (“FinCEN”)—is unconstitutional. The USDC rejected the government’s argument that Congress had […]

Small Businesses Must Report Beneficial Ownership Information

Small Businesses Must Report Beneficial Ownership Information

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has  published a “Small Entity Compliance Guide” to assist the small business community in complying with the beneficial ownership information (BOI) reporting rule.  Starting in 2024, many entities created in or registered to do business in the United States will be required to report information about […]

How Do I Start a Small Business In New York?

How Do I Start a Small Business In New York?

The How to Start a NY Small Business Guide will assist you in getting started on the road to a successful entrepreneurship. It provides information about everything from planning and financing a business to marketing, keeping records and understanding government regulations. It also has information on how to expand an existing business. This guide serves […]

Can Bankers Healthcare Group Sue You in Onondaga County if You Live Outside of NY?

Can Bankers Healthcare Group Sue You in Onondaga County if You Live Outside of NY?

Business owners and professionals who live in other states, such as Pennsylvania, Texas, Alabama, and California often ask why Bankers Healthcare Group can sue them in Onondaga, New York Supreme Court for defaulting on their loans. After receiving Bankers Healthcare Group’s solicitations for a pre-approved loan, Dr. Warren A. Stiles decided in 2008 to finance […]

What Are the Most Common Pitfalls That Should Be Avoided in Creating an LLC For A Rental Property?

What Are the Most Common Pitfalls That Should Be Avoided in Creating an LLC For A Rental Property

Robert Friedman is part of the recently released American Apartment Owner’s Association’s RENT Magazine. This magazine focuses on how to invest despite rising interest rates, smart tax saving strategies, best-selling books for landlords and the latest rental industry updates on new prop tech, evictions, tenant screening, and more. You can read Robert Friedman’s article online for […]

Forming an LLC

Forming an LLC

Do you have questions about forming an LLC? Watch this educational video for guidance, then contact our Rochester attorneys to get started. As an experienced Rochester Business Attorney, clients often ask how they can form a limited liability company or LLC in New York. We can form an LLC by filing articles of organization with […]

EEOC Updates Guidance On Religion-Based Vaccination Exemptions

The U.S. Equal Employment Opportunity Commission (EEOC) on October 25, 2021 posted updated and expanded technical assistance related to the COVID-19 pandemic, addressing questions about religious objections to employer COVID-19 vaccine requirements and how they interact with federal equal employment opportunity (EEO) laws. The expanded technical assistance provides new information about how Title VII of the Civil […]

3 Business Law Questions

3 Business Law Questions

Are you a business owner and have questions? Check out these 3 business law questions for guidance, then call our Rochester attorneys today. Can I Form a Business Online? As an experienced Rochester Business Lawyer, clients often ask me if they can form a corporation or business online. You must make sure the articles of organization […]

Common Real Estate Investment Mistakes to Avoid

Common Real Estate Investment Mistakes to Avoid

As an experienced Rochester Real Estate Lawyer, I often get questions about what precautions to take when buying real estate investment property. Watch the video to learn about some of the most common real estate investment mistakes to avoid when investing in real estate property. The first mistake people usually make is buying real estate in […]