Significant Case Law Developments For M&A Practitioners in 2023
In 2023, there were a number of court cases that are significant for M&A practitioners. We have set forth below summaries of the following developments that took place during the…
Local Law 97: What NYC building owners and operators need to know now that the law’s first compliance period (2024-2029) has begun
This advisory provides a short refresher on New York’s Local Law 97, the City’s climate law that aims to reduce greenhouse gas (GHG) emissions of about 50,000 of the City’s…
Significant Corporate and Securities Law Developments in 2023
**** As of December 26, 2024, the Corporate Transparency Act (CTA) is once again on hold and businesses are not required to file beneficial ownership information reports (BOIRs) with FinCEN,…
Climate Change–Related Disclosures and Disinvestment: Where Are We Now?
This article was originally published in the New York Law Journal on February 17, 2024 Investors, regulators and environmental advocates are putting increasing pressure on companies, particularly publicly traded ones,…
Delaware Supreme Court Confirms Forfeiture-for-Competition Provision Is Governed by Employee Choice Doctrine Rather Than More Restrictive Non-Compete Analysis
On January 24, 2024, the Delaware Supreme Court re-opened the door for employers to rely on the employee choice doctrine to support forfeiture-for-competition provisions as an alternative to traditional non-compete…
New 13D/13G Rules Explained; Elon Musk Hypothetical; Section 16 Update
On October 10, 2023, the Securities and Exchange Commission (“SEC“) adopted amendments to the rules governing beneficial ownership reporting under Sections 13(d) and 13(g) of the Securities Exchange Act of…
Alternative Funding for an Equitable Park System in New York City and State
Previously published in 2015 I. INTRODUCTION “Equity” is a buzz word that now pervades our national political system in debates about taxation, immigration, and healthcare reform. It was the main…
Five Innovative Ideas for Funding Parks and Open Space
Previously published in 2012 I. INTRODUCTION New York State and its municipalities are not likely to have adequate revenues to support maintenance or expansion of parks and open space in…
IDGTs: Flexible Drafting Saves the Day When Intended Benefits Become a Burden
By Alison Powers Herman and Karen T. Schiele. Published in the New York Law Journal. Transferring assets to an intentionally defective grantor trust (IDGT) is a potentially powerful estate planning…
Recent Developments in Construction Access Under RPAPL § 881 and What to Expect in 2024
In a city as dense as New York City, property owners often cannot make repairs and improvements to their property without access to their neighbor’s land. Section 881 of the…