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No, we don’t mean this Monitor. Rather, this series of articles discusses the oversight of those key institutions responsible for the management and welfare of our finances, retirement, benefits, insurance, taxes and the like. We are compelled to trust government-run... read more
The new year brings yet more distressing news from the Golden State. If you are in the commercial finance space, and you want to collect that gold in California, you will soon have to heed all the rules that, until... read more
February 2025
The title may sound like a Dr. Seuss book, a riddle or the start of a limerick. However, this is no joke. Although this discussion presently applies to only a few states, it is still quite important. The issue, elucidated,... read more
April 11, 2024
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article
“Just gimme money…that’s all I want.” (John Lennon) This article addresses a relatively untapped source of borrowers and lessees that may be overlooked in the financer’s traditional marketing quests. John Lennon wasn’t the first musician to articulate that sustaining a... read more
I admit that once, I thought that AI was a steak sauce. My mi-steak! It may be a special sauce, but I do not recommend pouring it into your computer. In fact, despite its ubiquity and influencer-type popularity, I caution... read more
January 2024
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One of the time-honored principles of the Bankruptcy Code (the code) is that, with limited exceptions, only debtors actually in bankruptcy proceedings can avail themselves of the benefits of the code. This generally means that non-debtors cannot take advantage of... read more
One of the time-honored principles of the Bankruptcy Code (the “Code”) is that, with limited exceptions, only debtors actually in bankruptcy proceedings can avail themselves of the benefits of the Code. This generally means that non-debtors cannot take advantage of... read more
October 2023
In the realm of technology, where algorithms and data crunching often steal the spotlight, there exists an art form hidden in the lines of code and the depths of data sets. Yes, you read that right; there’s an art in... read more
October 2023
Recently, United States health regulators proposed that the federal government loosen restrictions on marijuana. Since the cannabis equipment finance space has grown exponentially over the past years, this should come as welcome news to those who are a part of... read more
September 2023
Connecticut is, by all accounts, about to become the latest state to jump on the disclosure bandwagon. The law would take effect on January 1, 2024. There have been a few mistaken reports that the law has already been enacted... read more
June 2023
Whether you are an expert in rocket science or, perhaps, alchemy, staying apprised of the panoply of new disclosure bills and laws is somewhat of a daunting challenge. This article is intended, as all lawyers intend, to make your lives... read more
June 2023
On April 10, 2023, Georgia’s new commercial financing disclosure law approached the finish line as Senate Bill 90 hit Governor Brian Kemp’s desk with strong bi-partisan support, a mere two months after it was proposed. If the bill passes, as... read more
May 2023
Commercial transaction brokers, as a general rule, have minimal obligations under the relatively new California disclosure laws (CDL) . As we know, funders (referred to in the CDL as financers or providers) have many. There are numerous and complex disclosure... read more
May 2022
Florida, long known for its beautiful beaches and sunshine, is contemplating throwing some shade, or, depending upon your perspective, some light, on the commercial transaction industry. On March 2, 2023, Republican State Representative Doug Bankson introduced HB1353. If enacted, the... read more
April 2023
As discussed in my last article on this subject, the New York State Department of Financial Services (“DFS”) has finalized the regulations elucidating its new Commercial Finance Disclosure Law (CFDL). The complete text of the CFDL can be found in... read more
March 2023