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Parker McCay Blog
Posts from September 2019.
September 30, 2019
Due Diligence Issues in Commercial Real Estate Transactions, Part II: Impacts of a Tax Sale Certificate on Property Ownership

In Part I of this series, we examined what Tax Sale Certificates ("TSC") were and how they are acquired in New Jersey. In this Part II, we will explore what a holder of a TSC can do to maintain priority lien position on the property as well as how it can acquire title to the property in question. 

By Susan S. Hodges on September 24, 2019
The U.S. Department of Labor Announces Final Rule to Make More American Workers Eligible for Overtime Pay under the Fair Labor Standards Act (FLSA).

The U.S. Department of Labor announced today a final rule that updates the FLSA overtime regulations. The rule updates the earnings thresholds necessary to exempt executive, administrative, or professional employees from the FLSA's minimum wage and overtime pay requirements. 

September 18, 2019
Why Simple Agreements for Future Equity (SAFEs) are Not Always Safe

Entrepreneurs have a myriad of options for raising capital for their early-stage businesses including bootstrapping, crowdfunding, issuance of common stock, and issuance of convertible notes.

September 9, 2019
Financing Your Business: Part 2 – Equity Financing

Businesses often require additional capital to start, grow, or manage business operations. To satisfy this need, businesses can pursue a variety of financing options. 

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