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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Fish or Fowl2/6/19 | By: David I. Faust, Esq.| GDB 2019 Winter Newsletter
Whether shares representing ownership of a cooperative apartment are real property or personal property has perplexed estate lawyers and their clients, especially when the owner/decedent is a non-domiciliary of New York. Is succession of the shares governed by the laws of New York, where the co-op is located – the case if the shares are realty – or the laws of the domicile of the decedent? If there is no will, or if a spouse elects against the will, which law applies?
A recent Supreme Court, New York County, case sheds some, albeit dim, light on this question. -
Anonymous Need Not Apply – Entities Getting Bank Accounts2/6/19 | By: Jay L. Hack, Esq.| GDB 2019 Winter Newsletter
The corporate wizard can no longer hide behind the anonymity curtain. Anonymity disappears when a corporation or other entity deals with a bank. Federal law requires that banks collect information about all 25% owners and at least one senior officer of every entity that opens a deposit account or borrows money from a bank.
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Help! My Co-Op Has No Leader and Might Collapse12/29/2018 | The New York Times
GDB Partner, Beatrice Lesser, is quoted in The New York Times regarding small co-ops without leaders and what can be done to avert a collapse.
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Partner Beatrice Lesser Quoted in The New York TimesWinter 2019
In December, partner Beatrice Lesser was quoted in The New York Times regarding small co-ops without leaders and what can be done to avert a collapse.
Help! My Co-op Has No Leader and Might Collapse
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VIDEO: Legal Game Changers for Boards: Conflict of InterestFall 2018 | Habitat Magazine
David L. Berkey, Esq., head of GDB's Coop and Condo Law Practice, opining on conflicts of interests for boards
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Insurance for Coops2/2018 | 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.