Representing first-time homebuyers who had been issued a stop work order and four summonses from the Department of Buildings (“DOB”), Dunnington recently won dismissal of “Class 1” hazardous violations for doing work without a permit, a reduction of thousands of dollars in fines and an order permitting the renovations to proceed. Read More
When a person domiciled outside New York dies owning a home or tangible personal property in New York, a petition to the New York Surrogate’s Court is generally required to gain access to the decedent’s New York situs assets because decedent’s property located in New York at the time of death is ordinarily subject to the jurisdiction of New York’s Surrogate’s Courts. Read More
Authorized by Congress in response to the pandemic, a special tax deduction in 2021 will reward taxpayers who make charitable donations by December 31.
This year only, taxpayers who take the standard deduction can claim an additional deduction of up to $300 for cash contributions to qualifying charities made in 2021. Married couples filing jointly can claim up to $600. Read More
On May 28, 2021, the Equal Employment Opportunity Commission (EEOC) clarified and supplemented its previous guidance from December 2020 relating to vaccination requirements in the workplace. Read More
Susan Rothwell, Partner
February 1, 2021
We’ve made it through the election and a change of administrations. We’re ready for 2021. Big changes to the tax laws may be on the horizon, but, for the moment, estate planning strategies are still governed by the Trump era Tax Cuts and Jobs Act of 2017 (“2017 Act”). Read More
The 5,600 page Consolidated Appropriations Act, 2021 – commonly referred to as the Coronavirus Relief Stimulus Bill that was enacted in late December 2020 – includes three major changes to U.S. intellectual property laws: the Trademark Modernization Act (TM Act), the Copyright Alternative Small-Claims Enforcement Act of 2019 (CASE Act), and the Protecting Lawful Streaming Act (PLSA). The TM Act, CASE Act, and PLS Act contain significant modifications to existing trademark and copyright practices that are summarized below: Read More
COVID-19 has turned the world and U.S. economy upside down. As the number of bankruptcies in the United States increases due to impacts from the coronavirus pandemic, stakeholders in distressed industries facing bankruptcy have concerns about losing their investments. Unfortunately, many will. This article offers an alternative, and suggests that there are potential opportunities for those with the vision and staying power to participate in rebuilding a new economy using pre-existing mechanisms under the U.S. bankruptcy framework via an often overlooked procedure—the repurposing and reuse of distressed assets through Section 363 of the U.S. Bankruptcy Code (“Section 363”). The decisive player and early mover can use Section 363 to seize opportunity in distressed industries and combat the current economic skid. Here, we provide an overview, insights, and pro tips in the use of Section 363.* Read More
Nicola Tegoni, Partner
June 26, 2020
On June 20, 2020, President Trump pursuant to Immigration and Nationality Act (“INA”) sections 212(f) and 215(a) and 3 U.S.C. section 301 issued a Proclamation that suspends the entry of foreign nationals on certain employment-based nonimmigrant visas into the United States.
New York is now in Phase II of reopening after the COVID-19 shut-down. Still, many people remain concerned about what the new “normal” means when it’s still possible to contract the virus and perhaps face an untimely death. Having an updated estate plan can provide some relief from this anxiety, and you don’t have to leave home to accomplish it. Right now it is possible to execute a new or updated will using video technology without having to physically appear in your lawyer’s office. Read More
The $100M New York Forward Loan Fund (“NYFLF”) will provide working capital loans to eligible small businesses, nonprofits and small landlords that did not receive a Paycheck Protection Program (“PPP”) loan, or an Economic Injury Disaster Loan (“EIDL”) from the Small Business Administration (the “SBA”) for COVID-19 in 2020. NYFLF loans are not forgivable, and they must be paid back over a 5-year term with interest. The purpose of the program is to support businesses as they proceed to reopen after NYS on PAUSE, and have upfront expenses to comply with the New York Forward Plan guidelines, including regarding inventory, marketing, and refitting for new social distancing guidelines. Below, we outline program highlights.* Read More