Monthly Archives: July 2018
Estates and Installment Sale Obligations
In our estates practice we frequently find debts held in an estate that are owed by a family member of the decedent. Frequently these loans are forgiven or are distributed out to the debtor (usually a child of the decedent) pursuant to the terms of… Continue reading
Congratulations Bill Brennan!
Join us in congratulating Bill Brennan and his family on their latest acquisition — TWINS! (Bill could never be satisfied with just one grandchild! Bill’s daughter Liz recently gave birth to twin daughters. All are doing well and Bill is thrilled to be a Grandfather. … Continue reading
What is the Difference Between an H (Hotel) and an R (Restaurant) Liquor License in Pennsylvania?
The two most common retail liquor licenses in Pennsylvania are the H license or hotel license and the R license or restaurant license. Virtually all restaurants and taverns serving alcohol in the Commonwealth utilize one of these two types of licenses. In recent years the… Continue reading
Security for a Loan
If you loan money to someone, whether to an individual or to a business, you should try to obtain security (collateral) for your loan, in case the borrower defaults. When you buy a car, if you finance the purchase, the lender puts a “lien” on… Continue reading
The Commonwealth’s 6th Auction for Expired R-Licenses
The bidding process for the sixth auction for expired restaurant licenses is now open. The Commonwealth is offering 25 expired restaurant licenses in a sealed bid auction. There will be one license offered in the following 25 counties: Bids for… Continue reading
Queen’s English: Words That Can Fool You
What follows are several words that can sound alike, but can confuse and be easily be misused: Affect and Effect. Affect is always a verb and is meant to influence (“The rain affected the score.”). Effect can be a noun (the “consequence of”) or a… Continue reading
Buying Real Estate for Your Business
It is common for businesses to lease the real estate upon which the business is operated. However, it sometimes makes sense to own the real estate upon which you run your business. What factors do you need to consider before purchasing real estate to use… Continue reading