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With unsurpassed expertise, Gallet Dreyer & Berkey, LLP attorneys are frequently called upon to comment on business, financial, political and legal developments around the world as well as on the implications of big deals, noteworthy cases, community news, and proposed legislation.

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  • Your Right to Counsel is Immediate
    10/24/18 | By: Roger L. Stavis, Esq. | GDB 2018 Fall Newsletter

    I am often asked by potential clients facing criminal investigations whether retaining counsel will cause law enforcement agents to suspect that those clients are guilty. The answer is that it matters little what law enforcement agents suspect or think. The earlier defense counsel enters the investigation, the better positioned the client will be to defend against potential charges.

  • Attorney’s Fees – Beware the Tail That Wags the Dog
    10/24/18 | By: Randy J. Heller, Esq.| GDB 2018 Fall Newsletter

    In our regular review and negotiation of contracts and leases, we frequently encounter provisions providing that the “prevailing party” in any litigation or arbitration is entitled to reimbursement of its attorney’s fees and expenses from the losing party. It is sometimes forgotten, however, that the right to attorney’s fees is contrary to the “American Rule” which provides that each party must bear its own attorney’s fees and expenses. Despite the “American Rule,” however, parties may nevertheless provide in their arms-length contracts and leases that the prevailing party shall recover attorney’s fees from the other party.  That right may also be contained in a statute addressing limited areas of the law.  Such was the setting in two recent appellate decisions.

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  • Partner Scott M. Smiler closed on a $42 million dollar loan.  
    6/2018

    Partner Scott M. Smiler closed on a $42 million dollar loan from the New York City Housing Development Corporation (HDC) for one of GDB’s Mitchell-Lama clients, Masaryk Towers Corporation.  Masaryk Towers is set to undertake a major capital improvement project which included the negotiation of a $28 million dollar construction contract.

  • Partner Jay L. Hack was a presenter and a moderator for two different programs.
    8/2018

    Partner Jay L. Hack presented, “Anatomy of a Residential Mortgage Loan” as part of the New York State Bar Association’s Bridging the Gap program for recently admitted attorneys.
    Also, Mr. Hack moderated a panel on Funding Alternatives for Real Estate Capital Improvements at a meeting of the New York Association of Realty Managers.

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  • VIDEO: Legal Game Changers for Boards: Conflict of Interest
    Fall 2018 | Habitat Magazine

    David L. Berkey, Esq., head of GDB's Coop and Condo Law Practice, opining on conflicts of interests for boards

  • Insurance for Coops
    2/2018 | Habitat Magazine: David L. Berkey, Esq.

    Senior partner and head of GDB's Cooperative and Condominium Law practice, David L. Berkey, discusses issues related to coops and insurance.