by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Pump-and-Dump? Pump and dump refer to a type of securities fraud or scheme that tries to inflate prices of stock through misleading, false, or greatly exaggerated statements. Those involved in this scheme do this so that they can be able to sell their cheap...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is Littoral Land? Littoral land refers to a piece of land located next to a body of water. It could also be a piece of land held between I’m upland and a body of water. Littoral lands are often adjacent to a shore, lake, sea or ocean. The opposite of a...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Proration in a Merger and Acquisition?A proration is the act of dividing or distributing an item in a proportionate manner. In corporate governance, proration occurs during a takeover or acquisition, It is the proportional distribution of cash and stock of the...
by Jason M. Gordon | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is the American Petroleum Institute?The American Petroleum Institute (API) is a leading trade association for the oil and gas industry. It is the largest organization within the oil and gas industry. API has over 625 oil and gas corporations as its members. As a...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Defect Of Record? The defect of record refers to a public record that reveals any encumbrance on the title of a property. A defect otherwise known as encumbrance is a claim, lien, or restriction on a property. When the title of a property is encumbered or...