This article is intended to be a “refresher” on how lenders can avoid conversion claims in connection with certain jointly payable negotiable instruments. Certain types of negotiable instruments (e.g., jointly payable checks) can benefit lenders, as demonstrated in the hypothetical below, but these instruments can also cause a lender problems if these instruments are not...

In this issue: How to Avoid Conversion Claims with Jointly Payable Checks How New Credit, Modifications, and Extensions can Impact Mortgage Priority Regulations Coming for Overdraft and Other Fees Read Full Newsletter

In a case decided Wednesday, February 23, 2023, the U.S. Supreme Court held that a Chapter 7 bankruptcy debtor is precluded from discharging in bankruptcy a debt obtained by fraud, regardless of the debtor’s own personal knowledge of or culpability in the fraud, at least where the fraud was committed by an agent or partner within the...

An often overlooked component of an estate for the purpose of calculating estate tax are the death benefit of and cash value in a life insurance policy. Even though these benefits may go to a child or other third person designated as a beneficiary on your policy, you and your spouse should take the value...

With the return of Democrat control of the National Labor Relations Board, the pendulum is swinging back so fast, it might hit some employers on the chin. In particular, the NLRB is undoing many of the changes made by the Trump NLRB as to employee handbooks. Before we get to the changes, let’s cover how...

From time to time, I receive phone calls from potential clients who just want a “simple” postnuptial agreement. Usually, the situation involves an inherited business or other income-producing property—or some other (usually unforeseen) life-changing event that significantly impacts financial circumstances. Usually, the caller has briefly discussed the situation with his or her spouse and the...

Mankato, MN (January 4, 2023) – Gislason & Hunter LLP attorney Christopher Kamath has been named a Partner in the firm. Kamath focuses his practice in the areas of Trusts & Estates, Agriculture Law & Agribusiness and Finance & Banking. “I am proud to welcome Chris to the Gislason & Hunter partnership,” said Managing Partner...