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Passionate – Dedicated – Professional
Turnkey Projects
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latest news & insights
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In South Carolina, a trustee of a trust can be removed in one of two ways: either in accordance with the terms of the trust or by a court under state trust law. Below, we’ll look at both in turn. A Trustee Can Be Removed Under State Law South Carolina Code Section 62-7-706 covers the [...]
We covered invoice factoring – the good, the bad, and the predatory – in a previous blog. Below, we’ll look at one of the rare cases involving invoice factoring to make it to the high courts, the 2024 South Carolina Court of Appeals case Associated Receivables Funding, Inc. vs. Classic Industrial Services, Inc. (find it [...]
When a company needs cash fast, one option is to sell its receivables in the form of unpaid invoices at a discount to a third-party business called a factor. The factor collects payment for a fee, and the business gets cash in hand without having to take on debt or put up collateral. Sounds great, [...]
