As I mentioned in my last blog post, we are stepping away briefly from our in-depth analysis of ancient legal codes to a more modern subject. If you are involved in a for-profit business or serve on a non-profit organization’s board of directors, you may have some familiarity with the term “GAAP” but may not...
Welcome to the latest post in this law firm blog, where we delve into the fascinating world of legal history. And to do so, we are not only stepping back into the historical record, we are going way back to the first known legal code. Today, we explore the Code of Ur-Nammu, an ancient legal...
Welcome to this law firm’s blog! I am thrilled to embark on this journey of knowledge-sharing and exploration with you, where we will delve into a wide range of topics that touch upon the law’s impact on history, its intersection with society and culture, and practical insights for small businesses and nonprofits. My aim is...
Yesterday’s post discussed the impact of balloon payments for nonprofits in a challenging lending environment. I anticipate many readers are already familiar with the concept of a balloon payment. I have learned that not all people are familiar with the concept, as it is not seen as often in the residential lending segment as it...
In recent times, the real estate market has experienced historically low mortgage interest rates, providing an opportunity for nonprofits to secure affordable financing for their operations. The impact of rising mortgage rates on the housing market dominates much of the headlines and news traffic on this topic, but it will also impact commercial and nonprofit...
