Widerman Malek Law Blog

Business Email Compromise (or CEO/CFO Impersonation Fraud)

According to the FBI, Business Email Compromise (BEC for short, or CEO/CFO impersonation fraud) have caused at least USD 3.1 billion in total losses to over 22,000 enterprises around the world. The FBI defines BEC as a sophisticated email scam that targets businesses working with foreign partners that regularly perform overseas wire transfer payments. The […]

A New Chinese Law That Has Been Drafted Classifies Bitcoin as Property

By now, just about everyone has heard of Bitcoin, the virtual money that everyone continues to use, though it does not appear to be recognized by many places as actual currency or anything else of value, as of yet. However, things are changing for China when it comes to the use of Bitcoin. Soon, very […]

Mediation will try to Solve a Five Year Old Lawsuit Against Office Depot in California

Office Depot is once again the subject of a lawsuit claiming the company overcharged some government agencies as another lawsuit has been filed against them in California. It is a case that is not only looking like it will cost Office Depot some money, but has severely tarnished their hard earned reputation that made them […]

Paying the Debt of Another

Paying the Debt of Another

A question arose not too long ago about whether paying the debt of another would require continued payments. In other words if company A pays company B’s existing creditor for one month, or even several months, does company B now have an obligation to continue paying company A’s creditor? If company B does have an obligation, then the creditor can likely come after company B for company A’s debt should both companies fail to make a payment.

Mediation: Lights, Camera…Action?

By: Eric L. Hostetler, Esq. Mediation has proven to be a very beneficial procedural tool in my career so far in resolving cases and conflicts. The basis of its effectiveness revolves around three factors: 1) Plaintiff’s counsel; 2) Defense counsel; and 3) the Mediator. Notice that I did not list as one of the factors […]

Oral Modifications to Written Lease/Rental Agreements: Are They Valid? Vol. 1

I have been approached lately with the issue of oral modifications made outside the main written lease/rental agreement and what impact they have on the lease/rental agreement. Are they valid? Are they enforceable? If the landlord doesn’t live up to his end of the oral modification, do I have any recourse? What do I do? […]

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