by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Pathfinder Prospectus?A pathfinder prospectus refers to a preliminary prospectus that contains the statement of the financial status of a company that is going to be launched on an exchange or that will go through an IPO filing. A pathfinder prospectus is...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is the Doctrine Of Utmost Good Faith? The doctrine of the utmost good faith, known in latin as “uberrimae fides”, is a legal doctrine stating that parties in a contract must act honestly without withholding information or misleading each other. This...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Busted Takeover?A busted takeover is a type of takeover bid in which an acquirer purchases a target company and thereafter sells some of its assets. This takeover is highly leveraged because some of the assets of the purchased company are sold to settle or...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is an Anti-Indemnity Statute? An anti-indemnity statute is a legal agreement in construction contracts that states the degree of liability that can be transferred between the parties involved in the contract, such as a contractor and subcontractor. An...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is a Point-of-Service Plan? A point-of-service (POS) is an organized health care plan that offers varieties of benefits to policyholders. A POS is health insurance that lowers medical costs for policyholders. This type of health plan combines the features of the...