by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is Just Compensation? The government of any state has the power to seize private property for public use, this is done using the power of eminent domain. When governments take over private properties for public use, they are required to compensate private owners....
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are Issued Shares? Issued shares refer to the totality of a company’s shares that have been issued or allocated to the company’s shareholders, this number of shares are recorded in the company’s annual report. Issued shares are shares of a...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Construction Lien? A construction lien is a type of lien that protects builders, vendors, suppliers, contractors and other professionals from the risk of not being paid for their labor and materials supplied for a construction project. The professional may...
by Jason M. Gordon | Feb 23, 2025 | Legal Disputes - Civil & Criminal Law
What is a Confession of Judgment?A confession of judgment is an agreement or a contract in which the defendant in the lawsuit agrees to take on the amount of liability and damages that both parties earlier agreed on. A defendant that signs a confession of judgment has...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What are Classified Shares? Classified shares refer to shares of a publicly-traded company that has different share classes categorized as, Class A shares and Class B shares respectively. An in-depth description of the two classes features is always governed by...
