by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Blank Endorsement? A Blank Endorsement occurs when a negotiable instrument (such as a check) carries the signature of the endorser but does not indicate the payee of the instrument. A signed check without a specified payee is a blank endorsement. The bearer...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is an Alternative Risk Transfer Market? Alternative risk transfer (ART), also known as structured insurance, is a form of coverage or protection used by risk-bearing organizations other than by conventional insurance and reinsurance. In simple terms, alternative...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is the Alternative Minimum Cost Method? The form of measure used by a defined benefit pension plan, ensuring that it has enough funds for future payments to its participants is an alternative minimum cost method. The alternative minimum cost method is a system of...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is an All Cash, All Stock Offer?The all-cash, all-stock offer is a method of acquisition in which the acquirer agrees to buy all the target firm’s outstanding shares for a stated price in cash. It can also be defined as the purchase for cash of all...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Bank Endorsement? A bank endorsement is a bank’s authorization on a negotiable instrument. The instrument is generally created by the bank’s customer and is payable to the holder. This endorsement stipulates that the bank will stand by the...