by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Patent Troll? patent troll is a company or a person that buys patents from insolvent and financially unstable companies so that they can benefit by charging licensing fees on the patent infringers. The patent trolls often have no intention of selling or...
by Jason M. Gordon | Feb 23, 2025 | Legal Disputes - Civil & Criminal Law
What is Hearsay?Hearsay is “an out-of-court statement offered to prove the truth of the matter asserted therein.” Hearsay testimony occurs when one person testifies about what another person said. The creation of hearsay rule came into place to help...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Patent Attorney? A patent attorney refers to a lawyer with professionalism in intellectual property law relating to securing and safeguarding the property rights of an inventor. Patent attorneys must have passed a federal exam known as the patent bar exam...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is an Accommodation Paper? Accommodation paper is a third-party pledge attached to a promissory note which ensures that the recipient of the promised payment gets paid. Usually, the third party lends their credit rating power to support a borrower having a lower...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Reorganization? Reorganization is a process structured to restore a firm that is bankrupt or one that’s financially unstable. A reorganization entails asset and liability restatement, and also holding talks with creditors so as to arrange repayment....
