July 02, 2024 | New York Law Journal
Condominium Board's Authority; Sua Sponte Dismissal: This Week in Scott Mollen's Realty Law DigestScott Mollen discusses "Mangold v. Board of Managers of Meadow Court Condominium," and "Wells Fargo Bank N.A. v. Louis."
By Scott Mollen
18 minute read
July 02, 2024 | New York Law Journal
Setting the Law Straight: Cyber Breach Fallout Is Not Just a Tech ProblemCalling IT immediately after a cyber breach is a knee-jerk reaction, and a smart one at that. But what about the aftermath? Who do you call next? This article discusses the importance of notifying legal early in the process.
By Rebecca L. Rakoski and Patrick D. Isbill
10 minute read
July 02, 2024 | New York Law Journal
Lenders Blasted for 90-Day Notice (With One Saving Grace)While lenders and servicers with New York portfolios should long have been exceptionally familiar with the requirement, such presumed awareness nonetheless seems to little diminish the constant—often fatal losses suffered.
By Bruce J. Bergman
9 minute read
June 28, 2024 | New York Law Journal
Email Exchanges in Divorce Litigation Carry Immense RiskAlan Feigenbaum, partner at Blank Rome, writes: As divorce lawyers, we must choose our words carefully, particularly in emails. The J.G. decision is a reminder that how we choose our words can carry enormous consequences in the outcome of a matrimonial case.
By Alan Feigenbaum
7 minute read
June 27, 2024 | New York Law Journal
Discretionary Trusts Present Vulnerabilities to Beneficiaries Without Prenuptial AgreementsIn New York, assets held in trusts established and funded by a third-party for the benefit of a spouse are excluded from the marital property estate; however, if the beneficiary has access to a discretionary trust during the marriage, certain issues may still arise in a divorce.
By Dilpreet Rai and Alyssa Rower
8 minute read
June 26, 2024 | New York Law Journal
New York Courts Support Bad Faith Claims Where Insurance Companies Unreasonably Delay and Deny ClaimsAnderson Kill's Cort Malone and Kathleen Gatti spotlight a May 29 ruling from the Northern District of New York allowing a bad faith claim against an insurer to go forward, reaffirming policyholders' right to seek consequential damages when insurance companies unreasonably delay or deny claims.
By Cort T. Malone and Kathleen Gatti
7 minute read
June 25, 2024 | New York Law Journal
Piercing the Corporate Veil; Impossibility Defenses Rejected: This Week in Scott Mollen's Realty Law DigestScott Mollen discusses "Three Amigos Holding Inc. v. Maxben Holdings," "Paramount Leasehold v. Krasny Office," and "PLG Bedford Holdings v. Prestige Deli & Grill Corp."
By Scott Mollen
12 minute read
June 25, 2024 | New York Law Journal
The Impact of Artificial Intelligence on Construction: Is the Real Estate Industry Adapting to Its Rise?Generative artificial intelligence (AI) has the potential to transform the real estate industry, but are owners and developers and construction managers adapting to its rise?
By Melissa T. Billig
5 minute read
June 25, 2024 | New York Law Journal
Re-examining the Contours of Consent-Based Personal JurisdictionIn their Second Circuit Review, Martin Flumenbaum and Brad S. Karp discuss Fuld v. PLO, which "reexamines the contours of consent-based personal jurisdiction and deepens the debate over whether the Fifth and Fourteenth Amendments impose different due process limits."
By Martin Flumenbaum and Brad S. Karp
8 minute read
June 25, 2024 | New York Law Journal
Attorneys 'On the Move': Pryor Cashman Adds White Collar Partner; SEC Enforcement Attorney Joins Cozen O'ConnorAnd other announcements of recent hirings and promotions of New York attorneys.
By Patricia Kane
4 minute read
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