A NEW CONCERN FOR CORPORATE DIRECTORS

By Charles M. Tatelbaum

A recent ruling by a judge of the US District Court for the Northern District of California has raised new concerns for directors of not only public companies, but also or private and closely held entities as well as managing members or directors of limited liability entities as to potential exposure which may be excluded from coverage by traditional directors’ and officers’ insurance policies.

The Stock Market Freefall From A Bankruptcy Perspective

By Charles M. Tatelbaum

The irrational exuberance (borrowed from Alan Greenspan) with respect to the continued increase in the stock market has led many investors to purchase even more securities on margin. The recent freefall will trigger substantial margin calls, which in turn will require additional selling of securities at a loss, and in many instances it will create a cash crisis for the investor whether large or small. In past economic downturns involving the stock market, this has led to a substantial number of unexpected bankruptcy proceedings.

Be Proactive in Cyber Security or Pay a Hefty Price

BY PAUL O. LOPEZ

Land swap could provide beach parking closer to Sunrise Boulevard

FORT LAUDERDALE — A city land swap could help divert beach traffic from Las Olas Boulevard to Sunrise Boulevard by creating more public parking further north on the beach.

Condos and HOAs: LIVING WITH RULES

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