Category: Loans
-
ABA Releases 2025 Deal Points Study
The American Bar Association’s (ABA) Business Law Section has released its 2025 Private Target Deal Points Study. Studying deals between $25 Million and $900 million, the study analyzes trends in business deals, including: For more information, check out the alert issued by K&L Gates. To learn more about buying or selling a business, go to https://martinkreshon.com…
-
Confessions of Judgment
In Washington, a confession of judgment is a legal tool where a debtor admits to a debt and authorizes a creditor to obtain a court judgment against them without a lawsuit. This can happen before or after a lawsuit is filed. It’s essentially a pre-authorized judgment that can be filed with the court if the…
-
Lending a Hand or Getting Burned? The Crucial Role of Security in Promissory Notes
Let’s say a friend, family member, or even a business associate needs a loan. Perhaps they pitch it as a business investment. You’re willing to help / invest, and you’re smart enough to know that a simple handshake isn’t going to cut it. You’ve decided to use a promissory note – excellent choice! This legally…