People starting small companies often form corporations to operate their businesses and appoint the same individuals as shareholders, officers and board members. While New Mexico law does not prohibit a given individual from wearing all three of these “corporate...
Month: January 2014
New Mexico’s Well Statute Not Unconstitutional
When a citizen of any state contends his or her rights are impaired because a particular statute of law conflicts with or violates a federal or state constitutional provision, that citizen has the opportunity to raise that issue in the appropriate court. In New...
Cantor Fitzgerald Settles with American Airlines over 9/11 Attacks
Cantor Fitzgerald, an investment firm that was housed in the North Tower of the World Trade Center on September 11, 2011, finally settled litigation against American Airlines last month. While families of the employees previously received proceeds from insurance,...
The Only Way to Reach My Property
In a case in which it was difficult to determine the entire history of a particular tract of property, the New Mexico Court of Appeals found that the plaintiffs, the Los Vigiles Land Grant and Mike Martinez, had the right to use an adjoining parcel of property to...
New Mexico Homeowners Win Partial Victory against Wells Fargo
The U.S .Ninth Circuit Court of Appeals which rules on federal cases originating from several western states issued a decision earlier this year which gave two New Mexico homeowners a continued opportunity to prevail in a suit against Wells Fargo bank. The plaintiffs...
Malice in Family Dispute Limits Discharge in Bankruptcy Case
The primary reason most individuals or companies seek bankruptcy protection is to rid themselves of debts which pose too great a burden on the debtor rendering the debtor unable to meet financial obligations. Debtors ask bankruptcy courts to discharge certain specific...
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