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June 14, 2024 | New York Law Journal

Must a Notice of Default Instruct the Tenant 'How To Cure?' Reconciling a Dichotomy Under the Case Law

"At first blush, adding to the Chinatown test a requirement that the notice instruct the tenant "how to cure" might be viewed as a boon to tenants, because it imposes upon the landlord, as the drafter of the notice, an additional prerequisite to the notice's effectiveness. But in fact, such a requirement would substantially diminish the tenant's rights."
14 minute read
June 10, 2024 | The American Lawyer

Deal Watch: As PE Deal Activity Ramps Up, Skadden, Paul Weiss, Latham Lead $11B Chip Deal

The relative success of the overall M&A markets can't reasonably be separated from the private equity industry.
9 minute read
June 05, 2024 | Lean Adviser

31. Is Big Law's Opulent Space a Match Made In Heaven for Associates and Clients?

Is this what boomers really want from their firm's office? Gen Z associates are much more about being socially conscious and working at principled firms and the firm's ESG profile, pro bono aspirations and DEI compliance are likely to be more important. And what about the clients?
3 minute read
June 04, 2024 | New York Law Journal

Excessive Noise From Forest Hills Stadium; Foreclosure Action Dismissed as 'Time Barred': This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses an excessive noise case "Forest Hills Garden Corporation v. The West Side Tennis Club," and the foreclosure action case "MTGLQ Investors, LP v. Foshee."
17 minute read
June 04, 2024 | New York Law Journal

Understanding Good Cause Eviction: The Basics

On April 20, 2024 the Good Cause Eviction Law (GCE) was signed into law. Basically, it limits unreasonable rent increases for units that are not already subject to rent regulation, ensures that existing tenants of unregulated apartments are offered renewal leases, and curbs the eviction of free-market tenants except if the owner has "good cause." This article will explore the origins of GCE and explain its key components.
10 minute read
May 28, 2024 | New York Law Journal

Differences Between Leases and Licenses of Real Property

Parties entering into an agreement for the use of real property should consider whether they intend to create a lease or a license because the nature of the arrangement may significantly affect the rights and remedies of the partiest,
9 minute read
May 24, 2024 | Corporate Counsel

SEC Enforcement Chief: 'It's No Longer Really a Question of If We'll Find Out About a Violation, but When'

"You don't need to conduct a complete internal investigation before coming in and speaking with us. The key here is to be up front." said Gurbir Grewal, director of the Division of Enforcement.
7 minute read
May 24, 2024 | New York Law Journal

AI Litigation Spotlight: 'NYT v. OpenAI'

Of the many early genAI cases working their way through trial courts, the one that stands out is New York Times Co. v. Microsoft because of its carefully crafted complaint and actual examples of verbatim reproductions of NYT content produced by ChatGPT. Now that the parties have completed briefing on two motions to dismiss (one by OpenAI and the other by Microsoft), it's worth pausing to assess what's at stake, and what lies ahead, in this important case.
8 minute read
May 22, 2024 | New York Law Journal

Decision of the Day: Times Square Hotel Not Liable for Guest's Suicide Death, Had No Duty of Care

This ruling was selected and summarized by the New York Law Journal's decision editors. 
2 minute read
May 22, 2024 | Corporate Counsel

Nextdoor Names New Legal Chief, as C-Suite Changes Continue

Sophia Contreras is stepping in as general counsel in the wake of John Orta's departure early this month as chief legal officer and head of corporate development.
2 minute read

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