New York Law Journal | Analysis
By David M. Barshay and Steven J. Neuwirth | June 24, 2024
A no-fault insurer is entitled to request from an applicant any additional verification it deems necessary to process the claimant's claim. "The insurer is entitled to receive all items necessary to verify the claim directly from the parties from whom such verification was requested.
National Law Journal | Analysis
By Sulaiman Abdur-Rahman | June 21, 2024
"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."
New York Law Journal | Analysis
By Jennifer Polovetsky | June 21, 2024
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.
New York Law Journal | Analysis
By Thomas J. Hall and Judith A. Archer | June 21, 2024
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.
New York Law Journal | Analysis
By Neil Weisbard and Gabriel Eckstein | June 21, 2024
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.
New York Law Journal | Analysis
By Alexander Lycoyannis | June 21, 2024
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.
New York Law Journal | Analysis
By Conrad Teitell | June 21, 2024
The SECURE Act—starting in 2020— killed the stretch IRA for most heirs. Until that legislation, an heir could generally have required minimum distributions stretched over his or her life expectancy. And that minimized taxes—plus; the assets in the heir's IRA grew tax-free until withdrawn.
New York Law Journal | Analysis
By Stacie E. Trott and Allana N. Beddoe | June 21, 2024
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.
New York Law Journal | Analysis
By William D. McCracken | June 21, 2024
Fines and late fees may be important—even essential—tools of co-op and condo self-governance, but there are limits which must be respected. This article explores three potential limits on the use of fines and late fees by co-op and condo boards.
New York Law Journal | Analysis
By Edward E. Neiger, Alexandra W. Robertson, David H. Stern and Tessa G. Cuneo | June 20, 2024
This installment of the Mass Torts Update highlights upcoming deadlines and resolution updates in mass tort litigation, focusing on four specific cases.
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