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.
The Legal Intelligencer | Commentary
By Patricia Collins | June 18, 2024
With decisions expected in July, this will give employers and employees a short period of time to prepare for compliance, should the rule survive these challenges. Employers should prepare by identifying impacted employees and reviewing existing agreements
The Legal Intelligencer | Commentary
By Diana C. Manning, Benjamin J. DiLorenzo and Kyle A. Valente | June 14, 2024
A lawyer's duty to keep up with advancements in technology that impact the practice of law stems from the ethical obligation of competence rooted in ABA Model Rule 1.1.
The Legal Intelligencer | Commentary
By Coraleine J. Kitt | June 10, 2024
This act, the first of its kind in the country, aims to reshape AI system deployment and development, setting a precedent for other jurisdictions.
New York Law Journal | Analysis
By Schuyler Carroll and Tia Thevenin | June 7, 2024
Most make-whole provisions are enforceable outside of bankruptcy, but courts have issued conflicting decisions on their enforceability in Chapter 11 cases.
New York Law Journal | Analysis
By James Sullivan | June 7, 2024
Updating the NY UCC will further New York's well-established policy of encouraging New York choice of law and jurisdiction in commercial contracts and will help facilitate ever-growing electronic commerce in New York.
New York Law Journal | Analysis
By Mark B. Conlan and Noel L. Hillman | June 7, 2024
Rule 9031 of the Federal Rules of Bankruptcy Procedure prevents all bankruptcy judges and, if broadly interpreted, any federal judge hearing bankruptcy cases and proceedings, from appointing special masters. The rule is outdated and should be repealed or amended to accord with the reality of today's complex Chapter 11 cases.
New York Law Journal | Analysis
By William E. Curtin, Thomas R. Califano, Anthony R. Grossi and Veronica A. Courtney | June 7, 2024
While debtors' selection of venue in Chapter 11 cases and the relevant statutes have been the subject of historical debate, the scrutiny of venue has noticeably increased with a material uptick in venue inquiries and formal objections.
New York Law Journal | Analysis
By Dan McElhinney and Jorian Rose | June 7, 2024
Courts have limited standing to pursue those actions to parties who can be classified as a "representative of the estate" under Section 1123 of the Bankruptcy Code. The Fifth Circuit's recent ruling in 'In re South Coast Supply' may change all that.
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