Increases to New York State Transfer Tax and Mansion Tax
As part of the 2020 budget, the New York State Senate and Assembly increased New York State’s transfer tax ...
Emergency Response Teams and the Fair Credit Reporting Act
If a debtor disputes a loan, the FCRA prohibits a creditor from reporting the loan to a credit bureau witho...
Consequential Damages: What Is In The Contemplation Of The Parties?
A supplier selling a $200 door to a building owner does not expect to assume the risk of hundreds of thousa...
No Good Deed Goes Unpunished. The Unintended Consequences Of Protecting Elderly Customers
Many banks have programs to protect elderly customers against financial abuse.
Please Dumb-Down Your Consumer Collection Demand Letters
The Federal Fair Debt Collection Practices Act prohibits misleading consumer debt collection practices by t...
Right To Recover Attorney’s Fees Called Into Question
A recent case has caused some concern among boards, managing agents, and attorneys about whether the typica...
You Let Your Contractor Finish Late. Have You Waived Any Rights?
When a contractor delays a construction project, the owner is often faced with a Hobson’s choice—to termina...
Should We File a SAR if...? Yes. Now Tell Me the Facts.
I get a lot of phone calls from clients about whether to file a suspicious activity report (SAR).