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There is a very common, reoccurring urban (actually commercial) myth that, if ever a client receives bank documents* for signing, they either: are ‘advised’ (by a non-lawyer…), or somehow, completely misguidedly, believes, they only need such to be “witnessed by a lawyer.” Sidenote: they almost-always are at the last minute and ‘urgent’ too. What’s often involved… Continue reading You don’t need a lawyer, if you “just need bank guarantee documents witnessed”!
Tag: Finance Security
Finance Security Tip: ‘On Loans’ by a Party to their Related Entity.
Very commonly individuals personally-borrow money and then loan that money on to their new entity to say: buy a business, acquire equity, help provide a loan for working capital to help privately fund their business etc. However I still find it very rare that (despite their being a ‘bank’ for their business entity and usually… Continue reading Finance Security Tip: ‘On Loans’ by a Party to their Related Entity.