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New York Law Journal

Seeking to Boost Corporate Practice, Wilmer Adds K&L Gates Tax Partner

"The firm is absolutely committed to growing our corporate and transactional practices," said Kimberly Wethly, chair of Wilmer's tax practice.
3 minute read

Daily Business Review

Eleventh Circuit: J&J's Recalled Sunscreen Deal Possible 'Coupon Settlement'

The U.S. Court of Appeals for the Eleventh Circuit, in a Thursday opinion, remanded the sunscreen settlement back to U.S. District Judge Anuraag 'Raag' Singh of the Southern District of Florida, who had criticized objector Ted Frank for holding up his approval of the class action agreement.
6 minute read

National Law Journal

MultiPlan, Health Insurance Firms Face Deluge of Antitrust Complaints

"We believe this lawsuit has no merit, and we look forward to disproving the baseless allegations," a MultiPlan spokesperson said of the latest antitrust filing. "MultiPlan plays a vital role in helping to reduce healthcare costs across the entire healthcare ecosystem, benefiting payors, providers, employers, and patients."
4 minute read

New York Law Journal

Albany DA Aims to Stave Off Challenger, Grant Funding Backlash, in Democratic Primary

Meanwhile, four attorneys and a judge are vying for three Family Court judgeships, one of the seats newly created by lawmakers.
4 minute read

New York Law Journal

Manhattan Prosecutors, Citing Threats, Urge Continuation of Gag Order in Trump Case

The 19-page filing cites 56 "actionable threats" made against Manhattan DA Alvin Bragg and unspecified staff with his office since the trial began in April. That number does not include the hundreds of threatening communications received by the office this year, prosecutors write.
4 minute read

New York Law Journal

Right of Utilities To Acquire Real Property via Eminent Domain in New York

It is a little-known fact that, in New York, electric and gas corporations may acquire property via eminent domain if said property is necessary for its corporate purposes. Eminent domain is an awesome power that is usually reserved for the government. However, New York state has long granted this same eminent domain power to utilities as well.
6 minute read

New York Law Journal

Updated Rules for New York's Commercial Division: Technology Disputes and Use of Referees

The New York Commercial Division recently updated its procedural rules in two material respects: to reinforce its position as a go-to venue for technology-related litigation and to encourage the resolution of commercial disputes by the use of extrajudicial referees to hear and determine such disputes.
9 minute read

New York Law Journal

Unpacking ANNY, NYC's New Affordable Housing Tax Exemption Program

After two long years since the "lapse" of New York's 421-a program, real estate developers may finally be able to breathe a sigh of relief, as the new ANNY program will bring many of the same real property tax benefits for providing affordable housing.
7 minute read

New York Law Journal

Good Cause Eviction: Uncertainty Abounds in New Law's Provisions

This article will discuss two examples of the open questions concerning the Good Cause Eviction (GCE) law's statutory text: (1) the "small landlord" exemption from GCE's coverage and (2) the new required rent increase notices and their interplay with preexisting rent increase notice requirements.
7 minute read

New York Law Journal

Corporate Transparency Act, NY LLC Transparency Act and Global KYC Regulations: A Comparative Analysis

The CTA and NYTA are two significant pieces of legislation designed to enhance corporate transparency and prevent unlawful activities such as money laundering and tax evasion. This article discusses the acts' impact on the New York real estate industry and compares them to related legislation in other global markets.
8 minute read

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