by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Lien? A lien is a creditor’s legal claim of right in property held by a debtor. The lien serves to attach collateral (property) to a debt. In the event the debt is not paid, the lien allows the debtor to collect against the property (such as...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is Carried Interest?Carried Interest (also known as carry) refers to the portion of earnings which the general owners of private equity funds and hedge funds receive as a reward when there are profitable investment funds. This method of compensation is meant to...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is Capital at Risk? CaR refers to the capital amount that is earmarked to cater for risks. Capital at risk applies to insurance and self-insured companies responsible for underwriting insurance policies. It’s utilized for loss payment. Also, it is mandatory...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Construction Bond? Construction bonds also known as “construction surety bonds” or “contract bond’s are a deal that construction project creditors sign ensuring insurance in case of unfortunate events occurrence which can lead to...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is the American Risk and Insurance Association? The American Risk and Insurance Association (ARIA) is an organization established in 1932 for academics, scholars, professionals and, associates in the insurance industry. The primary objective of this association...