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Nov 1, 202212 min read

Florida Courts Should Apply New York’s Adar Bays Analysis to Determine Usury

Usurious loans have been the scourge of finance since early times. Despite being condemned as wrong and sinful for over 4000 years,...

Mar 29, 20224 min read

Why a CEO MUST Consult an Attorney Prior to Amending a “Choice of Law” Provision in a Contract

Most laws in our country don’t tend to differ much between states. In fact, it’s probably accurate to say that a majority of states’...

Feb 27, 20228 min read

How RICO and the Adar Bays Decision Can Help Microcaps Recover Losses Caused by Toxic Lending

On October 14, 2021, the New York Court of Appeals issued its decision in Adar Bays. The Adar Bays decision put a major dent in the...

Sep 4, 20204 min read

OTC Market Issuers May Recoup Hundreds of Millions from SEC Actions against Toxic Lenders.

Many CEO’s and investors in small public companies trading on the OTC Markets are closely following the SEC lawsuits instituted against...

Jun 9, 20206 min read

Transfer Agents and a new Standard for Rule 144 Opinion Letters

Transfer agents require convertible note holders to supply a legal opinion letter from a securities attorney explaining the legal basis...

Nov 13, 20194 min read

Could The End of Toxic Convertible Notes Be in Sight?

It may happen soon, especially in states like New York, Florida and Texas, all of which have criminal usury statutes capping the amount...

Nov 13, 20196 min read

Microcap Terrorism - A Warning to OTC CEO's

There are many forms of terrorism in this world playing out right before us and we are all somewhat familiar with the political form, but...

Nov 13, 20199 min read

Is A Convertible Note a Security?

Convertible Note Stock may NOT be eligible for Resale after 6 months but may also be subject to state Usury Laws. The deadly toxic...

Apr 18, 20186 min read

THE FRIDAY THE 13TH CONVERTIBLE NOTE MASSACRE

HEY CONVERTIBLE NOTE HOLDERS – LET’S MAKE A DEAL! Turns out that Friday the 13th is also unlucky for toxic convertible note-holders! I...