by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Holding Company? A holding company is a company that exists solely for owning assets or voting stock in other companies. This company does not engage in any production of goods and services or business operations but only focuses on owning assets of other...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Hold Harmless Clause? A hold harmless clause is an agreement in a legal contract that states that a party is free from obligation resulting from injuries or damages suffered by the other party. This clause might cover one party or both parties in a legal...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a High Net Worth Individual?High net worth individual (HNWI) is a designation used in the financial services industry to describe an individual who has investable assets that exceed a certain threshold. Investible assets are also liquid assets such as stocks...
by Jason M. Gordon | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is a Bureau of Census?The Bureau of Census is a principal division of the Department of Commerce primarily responsible for conducting the U.S. Census every ten years. The bureau is also known as the United States Census Bureau helps the government and businesses...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Chapter 12 Bankruptcy? Chapter 12 is a chapter of the US Bankruptcy Code that is applicable to family farmers or family fishermen. It allows for restructuring or reorganization of the debtor’s debts.
