The ongoing pandemic has caused many people to start thinking about putting their affairs in order if they did not already have an estate plan in place. There is no better time than now to get your estate plan together and up to date. As people move to finalize documents they may have avoided signing […]
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Do New York Tenants Have Special Rights During the Coronavirus Pandemic?
With the current state of the Covid-19 pandemic in New York, many people with landlords or mortgages face reduced hours, unemployment, and financial uncertainty. To mitigate the fear of losing your home as a tenant from of abiding by the current shelter at home guidelines, New York has issued orders changing the usual laws related […]
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How Do Landlords Properly Notify Tenants They Are Being Evicted in New York City?
Everyone knows New York City is a town predominantly filled with residents who rent or lease the place they live. However, not everyone knows what happens when a landlord decides they’re ready to be rid of a problematic tenant. Recent high-profile cases of refusal to pay rent in the city put a spotlight on the […]
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Making the Best of a Bad Situation with Chapter 11 Bankruptcy in New York
With all the economic uncertainties, business disruptions, and massive layoffs happening right now, it’s common for businesses, corporations, and individuals to seek a solution for existing debt and a sudden lack of income. The full scope of COVID-19’s impact is not yet clear, but extensive quarantines, social distancing practices, and business closures have already hugely […]
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Force Majeure Defenses to a Contract in New York
When negotiating a business contract, smart companies try to include all possible defenses in the contractual language to excuse nonperformance through force majeure clauses. In situations such as the unexpected outbreak of the coronavirus (COVID-19), companies find themselves unable to do business as usual, produce as promised, or deliver on agreed upon deadlines. New York’s […]
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How Does the NBA’s Suspension of their Season Protect them from Lawsuit Liability?
As COVID-19 (coronavirus) spreads, the New York Knicks, along with the rest of the NBA, decided to suspend its season until further notice after a player tested positive for the virus. Though public health is a top priority and of great concern, the decision is also a strategic and legal decision to curb liability from […]
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What Do Real Estate Buyers in New York City Need to Know About Commission Rebates?
Buying property in New York City requires a lot of work – saving, searching, finding the right broker, and finally taking the plunge and purchasing real estate. This may seem like a dream come true, but in some cases the dream can get even better. Real estate brokers can enter a deal with the purchasers […]
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Lady Gaga’s Father Refusing to Pay the MTA Rent on His Grand Central Terminal Restaurant
In a lease- and rental-centric area like New York City, the importance of the landlord-tenant relationship can’t be overstated. The relationship establishes the rights, obligations, and details for parties involved in renting or leasing property; it should theoretically help avoid tenant lawsuits, eviction actions, and other legal suits. However, conflicts and questions arise when tenants […]
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Buying and Selling a Business in New York
Buying or selling a business in New York can be very profitable for everyone involved – if you take the steps to maximize sale benefits and reduce risk of loss or liability. There are many steps to take that evaluate and address all parts of the transaction and omitting or mishandling any one of them […]
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What Is a Trade Secret and How Is It Created?
Anyone going into business needs to have a product or service others want in order to be successful. For some people starting a New York business, they have certain critical proprietary information that isn’t quite eligible for protection by patents, trademarks, or copyrights, but is still necessary to their success and would be extremely harmful […]
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