Norris McLaughlin & Marcus, P.A.

Blogs > Lehigh Valley Legal Blog

Lehigh Valley Legal Blog

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

Jan 13, 2016

Congratulations! You Won the Powerball! How Much is Your Tax Bill?

After 10:59 tonight, this post will only apply to one lucky person (possibly 2 or 3).  Until that time, let’s pretend that you are that lucky person who wins $1.5 billion.  Your lottery ticket will not end up in the trash.  You will not be frantically hoping that no one had a winning number so that you have another chance on Saturday night. » Read More

Jan 08, 2016

2016 Statewide Average Weekly Wage for Workers’ Compensation Announced

The Pennsylvania Department of Labor and Industry recently announced the 2016 Statewide Average Weekly Wage for workers’ compensation. For injuries occurring on and after January 1, 2016, the maximum compensation rate is $978.00 per week, which represents a 2.9% increase.

For information related to workers’ compensation issues, please contact me at bhollenbach@nmmlaw.comRead More


Email *