Norris McLaughlin & Marcus, P.A.

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Lehigh Valley Legal Blog

Aug 09, 2016

Medical Malpractice in Pennsylvania-No More Crisis

According to recent statistics from the Administrative Office of Pennsylvania Courts, 101 medical malpractice cases were tried to a jury verdict in Pennsylvania in 2015, more than a 20% drop from 2014 and less than 1/3 as many from the average in the years 2000 to 2003. Seventy-nine of the jury verdicts in Pennsylvania went in favor of the defense.  The decrease in medical malpractice jury trials is likely due in part due to the increased costs of prosecuting a medical malpractice case, as well as the increased use of alternative dispute resolution such as mediation or binding arbitration.» Read More

Mar 10, 2016

“Retail Mosaic” Competition Coming to Allentown

The City of Allentown announced yesterday that it will be hosing a “Retail Mosaic” Competition, which is a Shark Tank-like competition that is aiming to open 10 new retail locations in Allentown. The winners of the competition will receive up to $15,000 in loans. Here are some important dates:

March 23 – Pre-application due – click here
April 8 – Full business plan and application due
Up to 20 applicants will be selected to “pitch” their business idea Shark Tank style
May 4 – Selected applicants will make their 10 minute pitches
Week of May 9 – Winners will be notified with the loan closings being held between the end of May and mid-June

Professionals, including me, will provide legal or other assistance to the selected entrepreneurs at free or reduced rates.» Read More

Feb 24, 2016

$4.8 Million Verdict Against Business Owners After Failed Attempt to Evade Company Debt

So much for “New Year, New Me.” It turns out the concept of a fresh start isn’t always the answer to moving forward in life. At least not when that entails the creation of a new corporate entity and the fraudulent transfer of assets from an original entity for the purpose of attempting to avoid liability. In fact, for the owners of Outlook Hong Kong and its successor Outlook Singapore, this version of a “fresh start” resulted in a $4.8 million verdict against them on claims of fraudulent transfer, breach of fiduciary duty, and interference in contractual relations.» Read More

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