News & Insights

  • The New York LLC Transparency Act

    The New York LLC Transparency Act

    ​Over the last two years, fights over the federal Corporate Transparency Act (CTA) have caused confusion for many business owners. The concerns were mostly resolved earlier this year, as discussed in a prior post. In the interim, New York passed its own transparency law, which will go into effect on January 1, 2026. Importantly, there … Read more

  • Good Guy Guarantee

    New York Court of Appeals Limits Good Guy Guarantee Liability

    When a corporation or other entity leases commercial property, the landlord often requires the corporate tenant to provide a guarantor. Typically, this is done when the corporate tenant is a recently formed entity and has no real track record of payment, or simply as additional security in the event the corporation goes out of business. … Read more

  • Legal Risks of AI Use by Attorneys

    Court Highlights Legal Risks of AI Use by Attorneys

    Artificial Intelligence (AI) has become unavoidable and increasingly essential in a variety of fields, including the legal profession. While it offers many benefits when used responsibly, there are significant risks when attorneys fail to check the work product generated by AI tools. There have been numerous examples of attorneys submitting unverified AI content to courts, … Read more

  • What Is New York’s Good Cause Eviction Law?

    What Is New York’s Good Cause Eviction Law?

    New York’s “Good Cause Eviction” Law was enacted in April 2024 and was intended to protect tenants from evictions or non-renewals of their leases of unregulated rental housing. The law is codified in New York’s Real Property Law (RPL) and the most relevant portions are found at Article 6-A and between sections 231-c and 232-c … Read more

  • default judgment

    Are Out of State Default Judgments Enforceable in New York?

    The Full Faith and Credit Clause of the United States Constitution (Article IV, Section 1) requires that states uphold as valid judgments properly entered in the courts of a sister state. Thus, valid judgments of a court in one state can be enforced in other states. However, in a recent case, this longstanding principle was … Read more

  • Who Is Entitled to Funds Paid to a General Contractor?

    Who Is Entitled to Funds Paid to a General Contractor?

    ​In many construction and renovation projects, property owners hire a general contractor who is the primary point of contact for the job. The general contractor, in turn, brings in subcontractors, materials suppliers and other parties as needed. The property owner pays the general contractor, and the general contractor then gives the others the money they … Read more

  • Is a Mortgage Broker Entitled to a Commission When the Owner Gets Its Own Financing?

    ​A recent New York court decision provides a lesson in why having a well-drafted contract is so important. The case involved a mortgage broker who lost out on a commission and legal fees when the property owner found its own financing. Both parties spent money to litigate the issue, which could have been avoided had … Read more

  • swipe fee

    Update on the Swipe Fee Litigations

    ​In the last few years, business owners have brought several lawsuits against banks and credit card companies over their high swipe fees. In May of 2025, we advised our clients that the In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, or “Swipeopoly” case had settled and business owners could make a claim … Read more

  • corporate transparency act

    Latest Update on the Corporate Transparency Act

    Over the last one and a half years, business owners have faced regularly changing information regarding whether they were required to comply with the Federal Corporate Transparency Act (the “CTA”) and disclose their beneficial owners. Our firm published its first post on the CTA on February 29, 2024. Since then, we’ve published numerous updates that … Read more

  • estate tax

    Estate Tax Certainty, At Last

    In 2017, the Tax Cuts and Jobs Act (TCJA) significantly raised the estate tax exemption. However, the increase was made temporary, leaving families uncertain as to how to structure their estate plan. This uncertainty has now been resolved with a new, higher exemption that is permanent. Estate Planning Under the TCJA The TCJA increased the … Read more

The New York LLC Transparency Act

The New York LLC Transparency Act

​Over the last two years, fights over the federal Corporate Transparency Act (CTA) have caused confusion for many business owners. The concerns were mostly resolved earlier this year, as discussed in a prior post. In the interim, New York passed its own transparency law, which will go into effect on January 1, 2026. Importantly, there … Read more

Court Highlights Legal Risks of AI Use by Attorneys

Legal Risks of AI Use by Attorneys

Artificial Intelligence (AI) has become unavoidable and increasingly essential in a variety of fields, including the legal profession. While it offers many benefits when used responsibly, there are significant risks when attorneys fail to check the work product generated by AI tools. There have been numerous examples of attorneys submitting unverified AI content to courts, … Read more

What Is New York’s Good Cause Eviction Law?

What Is New York’s Good Cause Eviction Law?

New York’s “Good Cause Eviction” Law was enacted in April 2024 and was intended to protect tenants from evictions or non-renewals of their leases of unregulated rental housing. The law is codified in New York’s Real Property Law (RPL) and the most relevant portions are found at Article 6-A and between sections 231-c and 232-c … Read more

Who Is Entitled to Funds Paid to a General Contractor?

Who Is Entitled to Funds Paid to a General Contractor?

​In many construction and renovation projects, property owners hire a general contractor who is the primary point of contact for the job. The general contractor, in turn, brings in subcontractors, materials suppliers and other parties as needed. The property owner pays the general contractor, and the general contractor then gives the others the money they … Read more

Update on the Swipe Fee Litigations

swipe fee

​In the last few years, business owners have brought several lawsuits against banks and credit card companies over their high swipe fees. In May of 2025, we advised our clients that the In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, or “Swipeopoly” case had settled and business owners could make a claim … Read more

Latest Update on the Corporate Transparency Act

corporate transparency act

Over the last one and a half years, business owners have faced regularly changing information regarding whether they were required to comply with the Federal Corporate Transparency Act (the “CTA”) and disclose their beneficial owners. Our firm published its first post on the CTA on February 29, 2024. Since then, we’ve published numerous updates that … Read more

Estate Tax Certainty, At Last

estate tax

In 2017, the Tax Cuts and Jobs Act (TCJA) significantly raised the estate tax exemption. However, the increase was made temporary, leaving families uncertain as to how to structure their estate plan. This uncertainty has now been resolved with a new, higher exemption that is permanent. Estate Planning Under the TCJA The TCJA increased the … Read more