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Service & Results.

nyc criminal lawyers over 30 years of experienceWe Know How To Win Cases

Spodek Law Group handles tough cases
nationwide, that demand excellence.

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Faced 5+ Years in Prison

People Vs Joseph Amico

Covered by NYDaily News. Las Vegas man accused of threatening a prominent attorney and making vile remarks.

Faced 10+ Years in Prison

People Vs. Anna Sorokin

Covered by New York Times, and other outlets. Fake heiress accused of conning the city’s wealthy, and has an HBO special being made about her.

Faced 3+ Years in Prison

People Vs. Genevieve Sabourin

Accused of stalking Alec Baldwin. The case garnered nationwide attention, with USAToday, NYPost, and other media outlets following it closely.

Faced Potential Charges

Ghislaine Maxwell Juror

Juror who prompted calls for new Ghislaine Maxwell trial turns to lawyer who defended Anna Sorokin.

Why Choose Us

Clients can use our portal to track the status of their case, stay in touch with us, upload documents, and more.

Regardless of the type of situation you're facing, our attorneys are here to help you get quality representation.

We can setup consultations in person, over Zoom, or over the phone to help you. Bottom line, we're here to help you win your case.

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Meet Todd Spodek

WE PROVIDE WHITE GLOVE SERVICE TO CLIENTS
WHO WANT MORE FROM THEIR ATTORNEY

The Spodek Law Group understands how delicate high-profile cases can be, and has a strong track record of getting positive outcomes. Our lawyers service a clientele that is nationwide. With offices in both LA and NYC, and cases all across the country - Spodek Law Group is a top tier law firm.

Todd Spodek is a second generation attorney with immense experience. He has many years of experience handling 100’s of tough and hard to win trials. He’s been featured on major news outlets, such as New York Post, Newsweek, Fox 5 New York, South China Morning Post, Insider.com, and many others.

In 2022, Netflix released a series about one of Todd’s clients: Anna Delvey/Anna Sorokin.

Why Clients Choose Spodek Law Group

The reason is simple: clients want white glove service, and lawyers who can win. Every single client who works with the Spodek Law Group is aware that the attorney they hire could drastically change the outcome of their case. Hiring the Spodek Law Group means you’re taking your future seriously. Our lawyers handle cases nationwide, ranging from NYC to LA. Our philosophy is fair and simple: our nyc criminal lawyers only take on clients who we know will benefit from our services.

We’re selective about the clients we work with, and only take on cases we know align with our experience – and where we can make a difference. This is different from other law firms who are not invested in your success nor care about your outcome.

If you have a legal issue, call us for a consultation.
We are available 24/7, to help you with any – and all, challenges you face.

Best Practices for Managing Business Debt Ratios

Best Practices for Managing Business Debt Ratios

Monitor Key Debt Ratios

Some important debt ratios to track regularly include:

  • Debt-to-Equity Ratio – Measures the amount of debt financing relative to equity financing. Aim to keep this below 1.0.
  • Debt-to-Assets Ratio – Shows what percentage of assets are financed through debt. Try to keep this under 50%.
  • Debt Service Coverage Ratio – Indicates if there is enough cash flow to cover debt payments. Shoot for at least 1.2.

Use financial modeling and forecasting to predict how changes in business activity and investments may impact these ratios over time. This allows you to proactively make adjustments if needed.

Have a Debt Management Plan

Outline guidelines and limits for taking on and maintaining debt. For example:

  • Debt should primarily be used only to generate future cash flows, not to finance existing operations.
  • Set a maximum debt-to-equity ratio limit for the company.
  • Establish target debt service coverage ratios based on cash flow stability.
  • Diversify between short-term and long-term debt instruments.

Sticking to a formal plan prevents emotionally driven decision making when it comes to debt.

Negotiate Favorable Terms

Work with lenders to negotiate the best possible terms on new debt:

  • Get the lowest interest rates possible based on the company’s creditworthiness. Online lenders like LendingClub or Funding Circle often offer competitive rates.
  • Minimize fees associated with establishing lines of credit or loans.
  • Extend payment periods/maturity dates on loans to preserve short-term financial flexibility.

Proactively managing relationships with lenders gives more leverage in negotiating debt contracts.

Maintain Strong Credit Rating

A higher credit score means better terms for business debt. Ways to preserve great credit include:

  • Paying all bills on time. Set calendar reminders for payment due dates.
  • Keeping credit utilization below 30% by limiting new credit applications and overall debt balances.
  • Correcting any reporting errors with creditors that may impact scores.
  • Only applying for new credit when needed to get the best rates on future debt.

Consistently demonstrating fiscal responsibility leads to improved rates/terms over the long run.

Let me know if you need any clarification or have additional questions!

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Testimonials

I was searching for a law firm with some power to help me deal with a warrant in New York . After 6 days I decided to go with Spodek Law Group. It helped that This law firm is well respected by not only the top law firms in New York , but the DA , Judge as well. I...

~Fonder Brandon

5 Stars
It was my good fortune to retain Spodek Law Group for representation for my legal needs. From the beginning, communication was prompt and thorough. Todd, Kenneth and Alex were the first people I worked with and they all made me feel comfortable and confident that the team was going to work hard for me. Everything was explained and any concerns...

~A G

5 Stars
After meeting with several law firms, I chose the Spodek Law Group not only for their professionalism and experience, but for the personal attention given to me right from the initial consultation. It is important to recognize how crucial having the right legal team is when faced with potentially life altering events that impact families and the lives of loved...

~George Cherubini

Spodek Law Group

White Glove Service

We Provide Superior Service, Excellent Results, At A Level Superior To Other Criminal Defense Law Firms. Regardless Of Where Your Case Is, Nationwide, We Can Help You.
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611 S Catalina St Suite 222, Los Angeles, CA 90005

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35-37 36th St, 2nd Floor Astoria, NY 11106

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195 Montague St., 14th Floor, Brooklyn, NY 11201

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