How an Oral Agreement Cost Twin Brothers Two Jimi Hendrix Guitars

August 16, 2017

Today, in the middle of the 48th anniversary of the Woodstock music festival, we pause to remember legendary guitarist Jimi Hendrix – and a recent lawsuit involving a dispute over ownership of two of Jimi’s guitars.  The outcome of the suit is a reminder that when you loan out $400,000 worth of Jimi Hendrix guitars, … Continue reading How an Oral Agreement Cost Twin Brothers Two Jimi Hendrix Guitars

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NY Statute of Frauds Bars Enforcement of an Oral Agreement to Pay a Finder of a Business Opportunity

July 19, 2017

It is not uncommon for a person to act as a finder and receive compensation for presenting a business opportunity to a businessperson.  The two might agree the finder will receive a cash fee or perhaps a percentage of revenue derived from the opportunity.  Sounds great!  The businessperson has a chance to make money from … Continue reading NY Statute of Frauds Bars Enforcement of an Oral Agreement to Pay a Finder of a Business Opportunity

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