Early reports tell us that the late musician Prince died without a will. Therefore, Minnesota “intestacy” statutes (i.e. statutes govern estates of decedents dying without a will) are going to control the administration of Prince’s estate. In a legal petition filed on April 26, 2016, by Prince’s sister, Tyka Nelson, Ms. Nelson stated that she did not know of the existence of a will signed by Prince. Because of this, no person currently has the legal right to act on behalf of his estate.
On April 15th, Denise Gorrell will be joining a group of panelists at Lewis & Clark Law School to discuss legal and policy issues that are involved in producing and providing the foods we eat. Food Fusion: Law’s Sustaining Role in Food is the second annual Food Law Forum. Visit the event website for more information and to register for this event.food fusion, food law, panlist
Your time is valuable. You don’t need to be dealing with individuals or entities who have bad intentions or who are deceptive. You’re probably better off taking a vacation to the beach or the mountains than you are dealing with unscrupulous people. Take some time to learn about the party with whom you will be dealing before you obligate yourself or your company. You may find out that they aren’t who they claim to be.business, contract, due diligence, search
In honor of Women’s History Month, join Emerging Leaders for a special evening celebrating women empowering women. SYK attorney Victoria Blachly will be among the guest speakers from professional, non-profit and political arenas sharing their experiences working on behalf of women, their perspectives on leadership and success, and their wisdom on what can be done to work towards a stronger future for Oregon.
SYK attorney and fiduciary litigator Victoria Blachly was featured recently in a KPTV news segment regarding an update to Oregon law.
Beginning next year, SB 1554 will allow legal access to digital assets. Read more about the laws of digital assets and the Revised Uniform Fiduciary Access to Digital Accounts Act (RUFADAA) in our recent article.
I received a document from a confidential source that was prepared by Aequitas and it is quite enlightening. It is written about the Aequitas Private Notes issued by ACF (Aequitas Commercial Finance), and dated the third quarter of 2015.
The document states, “ACF uses proceeds from Private Notes primarily to repay prior investors.” I interpret this to mean that the company did not have the assets to pay prior investors from its regular course of business. I define a Ponzi Scheme as an investment scheme that operates by using new investor money to pay prior investors, and creating the illusion that distributions are from operations, when they are not.aequitas, investments, investor, ponzi scheme, private notes