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June 2015 Archives

The law regarding signatures on contracts

Some Kansas residents may be surprised to learn that a contract does not always require signatures to be legally binding. Courts must be convinced that the parties to a contact intended to enter into an agreement and understood the nature of that agreement for a contract to be considered valid. While a signature will generally satisfy these requirements, a court may sometimes infer agreement in other ways. If the parties concerned have a prior working relationship, a simple email acceptance could be construed as assent without a signature.

Employee case against Sony for data breach moves ahead

Kansas residents who followed the Sony data breach in 2014 related to the film "The Interview" will now know that a federal judge ruled on June 15 that it would not throw out a lawsuit that had been filed by several former employees. The plaintiffs have alleged that the company was negligent in protecting employee data.

Positive outlook for commercial real estate market

The National Association of Realtors had some good news for Kansas residents who are interested in investing in commercial real estate and real estate investment trusts, or REITS. According to a report that was issued by the NAR in May, the commercial real estate market is recovering and should continue to improve.

Payment network and ex-employee's company fight over funds

Kansas digital currency investors may soon get to see how major legal battles impact market rates. In early June, it was announced that digital exchange Bitstamp was in the middle of an argument between payment network Ripple Labs and a company named Stellar Development Foundation. At the center of the dispute lie just over $1 million in funds that both parties claim are rightfully theirs.

Things to consider before investing in commercial real estate

Investors in Kansas often consider commercial real estate as an addition to their portfolio because it provides a relatively stable hedge against more volatile and speculative vehicles such as the stock market. While properties such as retail stores, offices and warehouses may offer the high probability of long-term appreciation, they also provide income opportunities in the form of rents that can be collected from the businesses that occupy the space. However, there are a number of factors that should be considered before making this kind of investment.

Our condo association was faced with monumental construction issues thanks to the original developer of our complex. We were cash poor and in no position to get legal representation without a contingency fee arrangement. Luckily for us, Scott Long and Burke Robinson were willing to take us on as clients. Their work ethic, professionalism and knowledge of condominium construction served our association very well. Any association would be well served in hiring these gentlemen to represent them.

Board of Directors - Plaza Gardens on the Lake Condominium Owners’ Association Lake of the Ozarks, MO

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