Ten strategies to prepare for local rumors caused recent bank collapses
Ten strategies to prepare for local rumors caused by the Silicon Valley and Signature Bank collapse.
Supreme Court Holds IRS to Lower Offshore Account Penalties, But Proper Compliance is Still Essential
Imagine the IRS discovering your “secret” offshore bank accounts. Imagine further that instead of the IRS ...
When Will My Patent Expire?
An overarching feature of patents is that patents are an asset, but patents are a kind of wasting asset.
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2022 Year-End Notes
As another unprecedented year comes to a close, we offer some planning tips to our clients, colleagues, and...
Upping the Ante: Getting a Larger Lien Discharge Bond Amount
The New York Lien Law provides that one can “bond off” a mechanics lien by posting an “undertaking” (i.e., ...
Court Holds Subcontractor Cannot Lien for Temporary Sidewalk Shed and Scaffold
An owner of a Manhattan 12-story building hired a contractor to perform façade repairs. The contract requi...
E-Bikes do not B-Long
On November 5, 2022, a fire broke-out in a high-rise apartment building in the Turtle Bay neighborhood loca...
Marc J. Luxemburg to speak at the 42nd Annual CNYC All Day Housing Conference Nov. 13th
Join our Partner Marc J. Luxemburg for the Council of New York Cooperatives & Condominium's 42nd Annual Housing Virtual Conference
Federal Preemption of State Consumer Laws – Reports of Its Demise at the Hands of Dodd Frank Are Premature
When Dodd Frank was adopted in 2010, a political trade off resulted in the inclusion of a provision definin...
Is Your Arbitration Governed by Federal or State Law? Does it Matter?
Many contracting parties, when drafting their contracts, give some consideration to whether their disputes ...
When in Doubt – Blame the Bank
Regulators have recently erupted with pronouncements regarding the alleged “abusive” practice of banks char...
Bank Obligations Regarding Attorney Escrow Accounts
The President of the New York State Bar Association recently appointed me to a special ethics subcommittee ...
Insights
Are You Divorcing (and Do You Own a Condo or Co-op)? Here Are the Vital Facts You Need to Know
Divorce is a challenging life situation to get through.
Divorce and Dividing a Marital Home: How To Sell With the Least Drama (and for Max Profit)
As the timeless song goes, breaking up is hard to do. When it comes to marriage, it’s especially difficult.
Bank Obligations Regarding Attorney Escrow Accounts
Appellate Division rules force banks that want to maintain attorney escrow accounts to report any circumsta...
Can Decanting Change the Vintage of Irrevocable Trusts?
A discussion of how New York allows the revoking of an irrevocable trust.
Super Bowl Special: How to leave NFL tickets to heirs without getting sacked
Passing down season tickets from generation to generation can get hairy. It’s often worthwhile to bring in an estate planner or attorney to make sure it’s a clean handoff.
Incorrect Inventorship On Patents Is A Tough Claim To Prove
A potential strategy to challenge patent validity is that the inventorship is wrong — either an actual inventor was omitted, known as a nonjo
Fine Wine Buoyant in a Turbulent Market
The premium wine sector is a go-to for high-net-worth individuals looking for hedge.
Estate Planning for Special Assets
A discussion of the unique issues to be considered when a client’s estate planning goes beyond conventional assets such as a home, bank accounts and business interests, but also
Reporting Checks Drawn on Escrow Accounts With Insufficient Funds
This article provides a discussion of the legal and ethical considerations behind maintaining escrow accounts, including common misunderstanding surrounding the funds.
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