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.
Residential Cooperatives May Now Get Paycheck Protection Program (PPP) Loans1/6/2021 | By: Marc J. Luxemburg, Esq. | Jay L. Hack, Esq.
The most recent federal Coronavirus stimulus law, finally signed on December 27, 2020, extends the PPP loan program to residential cooperatives.
The Tariff Wars: You’re Going to Need a Drink12/10/2020 | By: Asher Rubinstein, Esq.
The United States and the European Union are in the midst of a damaging game of retaliatory tit-for-tariff. Since October 18, 2019, wine, Scotch and other alcoholic beverages from the EU are now subject to a 25% tariff at US ports. Our clients across the wine, spirits and hospitality industries are all feeling the effects, from the importers who source the products abroad, to the retailers, restaurateurs and ultimate US consumers. There is widespread hope that a new administration in the White House will take a different path. Both the US and EU have significant incentives to end their underlying disputes - - which are not over beverages, but instead pertain to government subsidies of domestic aircraft industries - - and remove the tariffs altogether.
After a long slumber, many restaurants are emerging from hibernation04/09/2021 | https://www.restaurantbusinessonline.com/operations/after-long-slumber-many-restaurants-are-emerging-hibernation
“Among the list is paying attention to PPP loan compliance and recordkeeping, keeping a good relationship with landlords, hiring issues and paying attention to health and safety compliance.” - Asher Rubinstein
Richard Roman, co-owner of the massive restaurant near the top of Chicago’s John Hancock Center, stood in the dining room in mid-March 2020 fighting back tears.
Almost the entire 200-person crew from the Signature Room at the 95th, some of whom had been there for nearly 30 years, had been laid off. The wine was put into storage but nearly everything else had been cleared out. All of the equipment in the back of house was shut down.
The restaurant was going into hibernation mode—but nobody knew for how long. And Roman and his business partner had just signed a 10-year extension on their lease.
How Best to Hold a Virtual Annual Meeting - DLB Partners Quoted in the Cooperator11/18/2020 | The Cooperator
For our co-op and condo clients that find themselves in the middle of the annual meeting season, two of our partners, David L. Berkey and Scott M. Smiler, were recently quoted in this month’s Cooperator discussing how best to hold a virtual annual meeting.
For a quick refresher, please read Virtual Governance: How Co-ops & Condos Hold Meetings Distantly.
Coronavirus Legal Blog03/15/2021 | By: GDB Attorneys
Visit our Coronavirus legal blog -- updates and insights on the changing legal landscape due to the coronavirus. Learn about new legislation, proposals and get analysis from our experienced attorneys regarding a variety of legal changes that are occurring on a daily basis and that affect both businesses and individuals.
Andrew Berks Joins Gallet Dreyer & Berkey As Partner03/01/2021
Andrew Berks joins Gallet Dreyer & Berkey as a partner in the firm's Intellectual Property Law practice, where he focuses on patent law, intellectual property transactions, and patent prosecution.
GDB Law Practical Guides: Asset Protection for Doctors08/17/2020
There is no risk to bring a lawsuit against a doctor on contingency, and patients are incentivized to sue because doctors are viewed as “deep pockets.” Doctors who engage in asset protection before the threat from the patient are in a more favorable position to retain their assets.
GDB Law Practical Guides: Asset Protection for Real Estate Investors, Builders and Landlords08/17/2020
Ownership of real estate carries with it the threat of litigation from tenants, guests or even passers-by. Considering the risks, property owners should and can take steps to protect their assets from potential plaintiffs by employing various asset protection strategies.
Habitat LIVE: Will the Paycheck Protection Program Help Your Coop/Condo Association?4/3/2020 | Habitat Magazine
Please see GDB's David L. Berkey, Esq. discussing how the Paycheck Protection Program can help your co-op/condo association on Habitat Magazine's YouTube channel.