News & Insights

  • Negotiating a commercial lease

    When Negotiating a Commercial Lease Be Careful Not to Waive Your Rights

    Tenants negotiating a commercial lease often face “landlord-friendly” contract clauses. A recent decision (issued on May 7, 2019) addressed one such provision which stated that the Tenant waived its right to bring a declaratory judgment action with respect to the lease or any notice sent pursuant thereto. The Tenant filed a declaratory judgment action and … Read more

  • What Happens When a Party Dies during Ongoing Litigation?

    Litigation can be a slow process and may continue for years before its resolution. What happens if a party to litigation passes away while it is ongoing? If you are involved in a lawsuit and the other party dies or if you are the estate representative of the person who passed away, there are several … Read more

  • Divorce Revokes Annuity Beneficiary Designation to Ex-Spouse

    During marriage, typically couples will name each other as beneficiaries of their retirement accounts, pensions, life insurance policies and similar assets. However, if a couple separates or divorces, they usually want to change their beneficiary designations to another person. As discussed in a previous post, it is important to talk with an estate planning attorney … Read more

  • Request an Injunction to Stop Construction or Risk Losing Your Case

    When a party sues to stop construction in New York State, it is long settled law that at some point the litigation becomes moot because of how long the construction has continued. Essentially, a court is no longer able to render a decision that would “effectively determine an actual controversy.” When the construction progresses to … Read more

  • U.S. Supreme Court Clarifies When You Can Sue Foreign Organizations

    Laws giving foreign organizations immunity from lawsuits date back to at least 1945 with the “International Organization Immunities Act.” This Act granted international organizations the same immunity from being sued as enjoyed by foreign governments. However, since then, the scope of foreign government immunity has been curtailed raising the question of whether foreign organizations should … Read more

  • Are Student Trainees Entitled to be Paid as Employees?

    In many academic settings, students have the opportunity to work in a controlled and supervised environment in order to learn necessary skills, particularly in fields which require licensing by the state. These student trainees generally are not paid. A recent federal appellate court case addressed the question of whether they are employees and therefore, entitled … Read more

  • So, You Want to Buy an LLC Interest. What Does That Mean?

    Before you buy any interest in a business, it is crucial to confirm what you are buying and take all of the formal steps necessary to complete the transaction. In the case of purchasing an LLC interest, the most important document to be reviewed is the LLC Operating Agreement. An LLC Operating Agreement (or Shareholder’s Agreement … Read more

  • New York Court Upholds 2017 Regulation of Title Insurance Companies

    In late 2017, the New York Department of Financial Services (“DFS”) promulgated Insurance Regulation § 208 in an effort to protect purchasers of title insurance from excessive rates and ensure reasonable charges for ancillary services provided by title insurance companies. Following enactment of the regulation, it was contested in court by the New York State Land … Read more

  • Yankees Win (Even on Estate Taxes)

    As the calendar turns to Spring, the Yankees evil empire will try to best its own record of World Series wins. Whether they win or not, the heirs of their deceased owner, George Steinbrenner may have won a substantial victory in the form of significant estate tax savings thanks to a recent court case. Steinbrenner … Read more

  • Failure to Object to an Invoice May Make You Liable for Payment

    It’s common for parties who have existing or regular dealings with each other to buy and sell services or goods without a contract. Instead, the parties will simply invoice each other for payment. New York law recognizes that the parties may have an implied agreement based on such invoices and they can sue for payment even though … Read more

When Negotiating a Commercial Lease Be Careful Not to Waive Your Rights

Negotiating a commercial lease

Tenants negotiating a commercial lease often face “landlord-friendly” contract clauses. A recent decision (issued on May 7, 2019) addressed one such provision which stated that the Tenant waived its right to bring a declaratory judgment action with respect to the lease or any notice sent pursuant thereto. The Tenant filed a declaratory judgment action and … Read more

Divorce Revokes Annuity Beneficiary Designation to Ex-Spouse

During marriage, typically couples will name each other as beneficiaries of their retirement accounts, pensions, life insurance policies and similar assets. However, if a couple separates or divorces, they usually want to change their beneficiary designations to another person. As discussed in a previous post, it is important to talk with an estate planning attorney … Read more

U.S. Supreme Court Clarifies When You Can Sue Foreign Organizations

Laws giving foreign organizations immunity from lawsuits date back to at least 1945 with the “International Organization Immunities Act.” This Act granted international organizations the same immunity from being sued as enjoyed by foreign governments. However, since then, the scope of foreign government immunity has been curtailed raising the question of whether foreign organizations should … Read more

Are Student Trainees Entitled to be Paid as Employees?

In many academic settings, students have the opportunity to work in a controlled and supervised environment in order to learn necessary skills, particularly in fields which require licensing by the state. These student trainees generally are not paid. A recent federal appellate court case addressed the question of whether they are employees and therefore, entitled … Read more

So, You Want to Buy an LLC Interest. What Does That Mean?

Before you buy any interest in a business, it is crucial to confirm what you are buying and take all of the formal steps necessary to complete the transaction. In the case of purchasing an LLC interest, the most important document to be reviewed is the LLC Operating Agreement. An LLC Operating Agreement (or Shareholder’s Agreement … Read more

New York Court Upholds 2017 Regulation of Title Insurance Companies

In late 2017, the New York Department of Financial Services (“DFS”) promulgated Insurance Regulation § 208 in an effort to protect purchasers of title insurance from excessive rates and ensure reasonable charges for ancillary services provided by title insurance companies. Following enactment of the regulation, it was contested in court by the New York State Land … Read more