Monthly Archives: July 2006
Contribution and Indemnity
Most business people have heard the term “indemnity”, and at some point may enter into contracts, leases or agreements in which they agree to indemnification. But to what exactly are they agreeing?The duty to indemnify may arise in express or implied contracts, or the court… Continue reading
A New Will! (What Could Be More Fun Than That?)
If our ultimate denial is death, it should shock no one that preparing a will is only a notch above a root-canal for many (though we touch a different nerve). But to put it off can be to have your hard-earned estate distributed in ways… Continue reading
Co-Ownership Revisited
In Pennsylvania, title to real estate (and most personal property) can be held by co-owners in various ways – tenants in common, as joint tenants with right of survivorship, as tenants by the entirety and as tenants in partnership. We are asked frequently what the… Continue reading
What is Interpleader?
Imagine that you are a real estate broker holding a deposit in escrow in connection with the sale of a house. Following inspection, title, and mortgage application complications, the transaction falls apart and both the buyer and seller are threatening to sue you for payment… Continue reading
Latin Lovers ’99
Corpus delicti: Prosecutor Hamilton Burger (Perry Mason’s arch-foe) needed this to bring charges against the usually innocent (after Perry’s assistance) defendant in the classic 1950’s serial. So, what is it? Literally, “the body of the crime” – either a corpse in a murder case or… Continue reading
Are you prepared to operate in the year 2000?
Although there has been more press recently about the so called “Year 2000 problem” (which is also called the “millennium bug” or the “Y2K” problem), there does not seem to be a clear understanding of what the problem entails.The Y2K problem results from date sensitive… Continue reading
Jones v. Clinton – Sifting Through the Debris
Litigation is rarely a tidy or expeditious process. Parties to lawsuits generally are impatient and angry not only at the other party but at the plodding and often very expensive system. All of the problems seem to be exacerbated with celebrity litigants, especially when the… Continue reading
The King’s English
It probably comes to us from the Old West, the drawling cow-puncher, sidling up to the innocent maiden: “Ma’am, you look real pretty tonight.” Somehow a syllable, “ly”, fell by the wayside and seems irretrievably gone! One more bit of syntax erosion.To be technical, “real”… Continue reading
SATISFACTION
The Rolling Stones couldn’t get it. Sometimes landowners can’t get it either. A mortgage is an instrument of security usually for an accompanying loan. When recorded at the county Recorder of Deeds’ office, a mortgage creates a lien on real property until the underlying debt… Continue reading
Contracts with Key Employees
Employment relationships often are not embodied in a written contract between employer and employee. Instead, most employment is of an “at will” nature, terminable by employer or employee on a moment’s notice, with or without cause. Some employment relationships should be embodied in written agreements,… Continue reading