Dunn Lambert, LLC
We mean business
Comprehensive legal services for businesses in New Jersey and New York call 201-957-0874
Dunn Lambert, LLC
comprehensive legal services for businesses call 201-957-0874

October 2010 Archives

Consider Carefully Whether to Invest in Child's Business Venture

Parents naturally want to help their children succeed, but what if your high hopes for their success lead to financial failure for both parents and children? Late last week, The New York Times published a helpful and informative article for parents who may be considering investing in an adult child's business venture.

Federal Regulators to Investigate Lenders' Foreclosure Practices

Last week, some of the nation's largest lenders, such as Bank of America and Ally Financial (formerly GMAC), resumed processing foreclosures after a temporary moratorium to redo, recheck and resubmit some paperwork. The banks have asserted that, despite some possibly faulty paperwork, they have so far found no homes that were foreclosed upon in error and feel confident to move forward.

Toyota: Working to Improve Company Image, Issues New Recalls

On Thursday, Toyota Motor Corp. announced the recall of 1.53 million vehicles, mostly in the U.S. and Japan, for brake fluid and fuel pump problems. Over the past year, Toyota has recalled over 10 million vehicles for various problems, including defective gas pedals and floor mats that trapped accelerators. The company's image took a hit because of the recalls -- not because of the recalls themselves, but because they were too late.

Bank of America and GMAC Resume Foreclosures

Bank of America and GMAC restarted foreclosure processing this week, even as attorney generals of several states opened up investigations into their documents and procedures. Indeed, according to an article in The Wall Street Journal, the major lenders have resumed foreclosures as a way of counterattacking recent accusations of fraud and underscoring their confidence in their system, even if they were rushed.

A Successful Business Stays Ambitious: Google's Robot Car, Part 2

In our previous post, we discussed a recent article in The New York Times that takes an in-depth look at one of Google's innovative new business ventures: creating a self-driving, or autonomous car. Google's robot car project stands as an inspiring example of a company that keeps inventing and forming new businesses and, in doing so, only increases its success.

A Successful Business Stays Ambitious: Google's Robot Car, Part 1

Google is an example of a wildly successful company that does not rest on its laurels. Instead, the company continues to branch out in innovative and original ways. An article that appeared over the weekend in The New York Times took an in-depth look at one of Google's new business ventures: self-driving cars.

Bank of America Announces Moratorium on Foreclosures Across Nation

Bank of America announced Friday that they are expanding their moratorium on foreclosure processing to all 50 states. Last week, the country's largest bank said that they were halting foreclosures indefinitely in the 23 states where lenders need court approval to foreclose on a property in order to double-check their work. JPMorgan Chase, GMAC Mortgage and PNC Financial have stopped foreclosures in 23 states and others are expected to follow suit.

Problems Found With Banks' Handling of Foreclosures

Last week, Bank of America announced that it was halting all foreclosures in 23 states where lenders need court approval to repossess a property. Issues with foreclosure documents had come to light and the country's largest bank decided to step back from processing foreclosures in order to check over its paperwork.

Possible Trademark Infringement for Toyota Franchise Owner

Two Toyota franchise owners are battling it out in court over the rights to various domain names allegedly purchased by one franchise owner to mislead internet users looking for the other franchise into landing on his own franchise's site.

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