Luxury Law Group is pleased to announce the addition of business and litigation attorney Christopher R. Ross to the firm. Licensed to practice in New York, New Jersey, and the District of Columbia, Ross will be leading the New York office With fifteen years of experience...
Let’s explore the question of should you hold your client’s deposit? When should a good faith deposit (“deposit”) be made? Simultaneously with the offer on a yacht or when the Seller signs the Buyer’s Offer. Lastly, who is the best person to hold this deposit. A...
The world of recreational boating finds itself with ever more regulation and complication with numerous parties and contracts involved. While, traditionally, the vast majority of boat deals are closed with the assistance with either an in-house or third party documentation agent, there is an upward...
Luxury Law Group, is pleased to announce that it has joined the National Marine Lenders Association (NMLA) as its newest Associate Member. Serving as an invaluable resource for the marine industry and consumers alike, the wide availability of boat loans and financing for yachts throughout...
Hey Brokers…do you think you are acting as a “dual agent” in your transaction? You may have heard of it before, but what should you know about it? The term “dual agency” might lead you to think about double commissions, something perhaps to be happy...
Wire fraud is ramped and simple to commit. Wire transfer instructions are emailed to the buyer from the seller or seller’s representative. The buyer complies with the instructions to the “T”. Within hours, the seller contacts the buyer asking if the money has been sent...
A recent appellate court decision affirming a $24 Million dollar verdict against Bass Pro Shops stems from a claim filed by a consumer against the company, alleging unlicensed practice of law for drafting purchase agreements, title documents, bills of sale and powers of attorney and...
Luxury Law Group, is pleased to announce its partnership with the Yacht Brokers Association of America (YBAA) and sponsorship of their Certified Professional Yacht Broker program (CPYB). Awarded only to the most qualified brokers, CPYB certification is the boating industry’s brand of excellence for yacht sales...
[caption id="attachment_17261" align="alignleft" width="200"] Danielle J. Butler, Co-Founder of Luxury Law Group[/caption] Luxury Law Group is enthused to announce that Danielle J. Butler has been selected as winner of the Lawyer of the Year – USA award by Finance Monthly. The Finance Monthly Law Awards recognize law...
Last month, President Trump signed the Tax Cuts and Jobs Act of 2017, the biggest tax reform in a generation. Highlights of the bill include the absence of a new luxury tax on boat sales as well as preservation of the second-home interest deduction for boats...