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One of New York City's classic hotels, the Park Lane Hotel, at 36 Central Park South, has been sold for $660 million. Also, Brookfield Office Properties Inc. has acquired One North End Ave. in lower...
View ArticleRealty Law Digest
Scott E. Mollen, a partner at Herrick, Feinstein and an adjunct professor at St. John's University School of Law, reviews recent cases involving a co-op board reversing a prior resolution with the...
View ArticleValuation of Golf Course in a Tax Assessment Challenge
In his Condemnation and Tax Certiorari column, Michael Rikon, a partner at Goldstein, Rikon, Rikon & Houghton, discusses several important aspects of a recent tax certiorari proceeding that...
View ArticleDevelopment on a Ground Lease
Dennis M. Sughrue, a partner at Pryor Cashman, writes: Record-high land prices have dramatically altered the development landscape. While New York's rents are the highest in the nation, they aren't...
View ArticleLost Art, Debtor Action, 1993 Trade Center Bombing
In their New York Court of Appeals Roundup, Simpson Thacher & Bartlett partners Roy L. Reardon and William T. Russell Jr. write: The Court of Appeals has issued a large number of decisions in...
View ArticleNo Need to Substitute Plaintiff Upon Mortgage Assignment
In his Foreclosure Litigation column, Bruce J. Bergman of Berkman, Henoch, Peterson, Peddy & Fenchel, discusses case law which has thrown a wrinkle into the general rule that there is no mandate to...
View ArticleStatute of Limitations, HIPAA and Missed IMEs, EUOs
In his No-Fault Insurance Law Wrap-Up column, David M. Barshay, a member of Baker Sanders, summarizes the no-fault statute of limitations and discusses what happens when a claimant fails to appear for...
View ArticleShareholder Claims Proceed Against Nasdaq Over Facebook IPO
Shareholder claims against Nasdaq OMX Group Inc. over Facebook Inc.'s botched IPO will move forward after a federal judge found that the exchange was not immune from liability over the technical...
View ArticleFCA Reform Proposal Stresses Compliance Over Whistleblowing
Justice Department officials regularly tout the long reach of the FCA, a law that one top DOJ lawyer once described as "quite simply, the most powerful tool that we have to deter and redress fraud."...
View ArticleAnimal Owner Liability: Is Negligence on the Comeback?
Brett Nomberg, a partner at Brand Brand Nomberg & Rosenbaum, writes: Although current law in New York does not recognize a common law negligence action for cases involving a domestic animal causing...
View Article'Fish': Ordinary Income From Incorporation Transaction
In their Taxation column, Elliot Pisem and David E. Kahen, members of Roberts & Holland, write: It may come as a surprise that the transfer of a business to a corporation for a combination of stock...
View ArticleLawsuits Are Anticipated Against Volcker Rule
When federal financial regulators last week adopted the massive Volcker Rule, it didn't mean their work was finished. If anything, lawyers say the work is just beginning.
View ArticleThe Crowdfunding Proposed Rules
In her Securities Regulation column, Roberta S. Karmel of Brooklyn Law School writes: Crowdfunding means raising funds over the Internet for artistic, charitable and other ventures by seeking small...
View ArticleClaims for Aiding and Abetting a Breach of Fiduciary Duty
In their Commercial Division Update, George Bundy Smith, an arbitrator and mediator with JAMS, and Thomas J. Hall, a partner with Chadbourne & Parke, discuss recent Commercial Division decisions...
View ArticleHidden Advantages of ESOPs as Alternative Succession Strategy
Harvey Katz, co-chair of Fox Rothschild's employee benefits and compensation practice, discusses Employee Stock Ownership Plans as a valuable tool to be considered by closely-held business owners as an...
View ArticleGoogle Granted Summary Judgment on Fair Use Defense
In their Copyright Law column, Robert J. Bernstein of The Law Office of Robert J. Bernstein and Robert W. Clarida of Reitler, Kailas & Rosenblatt, review the recent decision 'The Authors Guild v....
View ArticleThe Rise of the New 'Copyright Troll'
In their Media Law column, Elizabeth McNamara, a partner at Davis Wright Tremaine, and Joanna Summerscales, an associate with the firm, write: Recently, a wave of photo copyright claims against the...
View ArticleRising Litigation Over Unpaid Interns
Samuel Estreicher, the Dwight D. Opperman Professor of Law at New York University School of Law and of counsel to Schulte Roth & Zabel, and Mark E. Brossman, a partner at Schulte Roth, write: In...
View ArticleExposing Expert Witness' Bias During Cross: Collateral Attack
In their Trail Advocacy column, Ben Rubinowitz of Gair, Gair, Conason, Steigman, Mackauf, Bloom & Rubinowitz, and Evan Torgan of Torgan & Cooper, write: When dealing with the expert witness,...
View ArticleMedical Malpractice Appellate Decisions: Denial of a Fair Trial?
In her Medical Malpractice Litigation column, Ann Pfau, the Statewide Coordinating Judge of the New York Medical Malpractice Program, writes: In recent months, the Appellate Division in the Second and...
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