Embezzlement of company funds by employees is more common than reported in the media. Often employers will work out private restitution agreements in order to keep the matter confidential and therefore out of the media and the courts. A system of checks and balances can diminish the likelihood that an employee will embezzle as well ... more
Officers can be personally liable for wrongful acts they take to benefit their company, even when those acts have been ordered by their superiors. For example, you, as the president of a corporation, are told by the CEO that the company cannot afford to pay its employees at this juncture and are asked to request ... more
If you are borrowing money from a friend or business associate, it is wise to have a written Promissory Note defining the extent of your obligations; likewise if you are loaning money to a friend, you should have a Note. The Note should state how much money was borrowed, how much interest is being charged ... more
Attorneys J. Daniel Marr and Kevin P. Rauseo discuss “Disputes Between Business Owners”. Tune in to WFEA 1370 AM / 99.9 FM (Manchester, NH) every Tuesday at 9:05 a.m. for “Law Matters with Hamblett & Kerrigan”. Each Tuesday the attorneys of Hamblett & Kerrigan will host a radio program dedicated to discussing law matters ... more
The Massachusetts Alimony Reform Act became effective March 1, 2012 and substantially changed the parameters upon which judges may issue alimony in the Commonwealth of Massachusetts. By way of example, the statute provides that general term alimony orders shall terminate when the person ordered to pay alimony has attained full retirement age. Additionally, the statute ... more