A promissory note is a written and dated document where the writer promises to pay the payee a definite sum of money by a certain date or, in some cases, on demand. Both parties involved must sign the ...

A promissory note is a binding agreement between a lender and a borrower. While they aren't necessarily complicated, it's essential to follow a simple promissory note sample and follow steps to make ...

NY’s latest Trapped at Work Act now bans employment promissory notes and stay or pay clauses as a condition of employment.

In June 2014, a FINRA hearing panel expelled Washington, D.C.-based Success Trade Securities, Inc. and barred its CEO and President for the fraudulent sale of more than $19 million in promissory notes ...

Quite simply, a promissory note is a promise to pay or IOU. It is a formal commitment (also known as a loan agreement or contract) between two parties that is usually necessary when money is borrowed ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

An increasingly popular method we see for a company to raise capital is through a convertible promissory note financing (“note financing”). Note financing is a time- and cost-effective alternative to ...

The Saudi Central Bank (SAMA) has issued a landmark directive banning the use of promissory notes and other commercial papers ...