ArticleScope Of Displaced Building Workers Protection Act ExpandedNew York City recently amended the Displaced Building Service Workers Protection Act (the "DBSWPA"), which was adopted in 2002. United StatesReal Estate and ConstructionHerrick, Feinstein LLP
ArticleHappy New Year From Herrick's Intellectual Property GroupTo help you usher in 2017 in the right spirit, and foster apolitical conversation with family and friends, we offer these quirky trademark and copyright matters related to ubiquitous products...United StatesIntellectual PropertyHerrick, Feinstein LLP
ArticleNew Law Provides Foreign Governments With Immunity From Suits Brought To Recover Artworks On Exhibition In The U.S.The "Foreign Cultural Exchange Jurisdictional Immunity Clarification Act," (the "FCEJIC") was signed into law on December 16, 2016. United StatesMedia, Telecoms, IT, EntertainmentHerrick, Feinstein LLP
ArticleIt's May 5, 2014: Do You Know Where Your GIIN Is?2014 will see the implementation of a significant number of new tax compliance requirements, including those under FATCA.United StatesTaxHerrick, Feinstein LLP
ArticleRecovering A Fraudulent Transfer? A Slot Machine License Is No Safe Bet.Philadelphia Entertainment and Development Partners LP, the bankrupt limited partnership that did business as Foxwoods Casino Philadelphia ("Foxwoods")...United StatesInsolvency/Bankruptcy/Re-StructuringHerrick, Feinstein LLP
ArticleIn The Wake Of Home Depot’s Data Breach: Five Tips To Protect Against Corporate Hacker LiabilityShielding a company's and its customers' data from unwanted attack is becoming a critical part of corporate infrastructure response planning and prevention protocols.United StatesLitigation, Mediation & ArbitrationHerrick, Feinstein LLP
ArticleDaily Fantasy Sports Found Constitutional In New YorkOn March 22, 2022, the New York Court of Appeals penned the final chapter to the interactive fantasy sports (commonly known as daily fantasy sports ("DFS")) legal saga.United StatesMedia, Telecoms, IT, EntertainmentHerrick, Feinstein LLP
ArticleI Have GIIN. Now What?By now, if you are a "foreign financial institution" for purposes of FATCA, you probably have registered with the IRS.United StatesTaxHerrick, Feinstein LLP
ArticleTax Reform Could Be Expensive For U.S. Investors With Offshore BusinessesOn December 15, 2017, the conferees completed their reconciliation of the House and Senate versions of tax bill H.R.1, "An Act to provide for reconciliation pursuant to titles II and V ...United StatesTaxHerrick, Feinstein LLP
ArticleYour Website Terms And Conditions May Land You In NJ CourtHow well do you know what's in your company's Terms and Conditions? What are the Terms and Conditions asking of your consumers? United StatesConsumer ProtectionHerrick, Feinstein LLP
ArticleDivided Appellate Court Rebuffs Challenges to the SEC's Administrative ProceedingsEarlier today, a divided Second Circuit panel (2-1) held that an individual or entity that is sued by the Securities and Exchange Commission in an administrative proceeding (rather than in an Article III federal court action), ..United StatesCorporate/Commercial LawHerrick, Feinstein LLP
ArticleIRS Amends Safe Harbor Rollover NoticesUnder Section 402(f) of the Internal Revenue Code, administrators of qualified retirement plans are required to provide certain information to participants and beneficiaries who receive distributions that are eligible to be rolled over. United StatesEmployment and HRHerrick, Feinstein LLP
ArticleNew York City Increases Hourly Wage For Workers At City-Subsidized Economic Benefit Project; Expands Definition Of Covered EmployersThe executive order increases the living wage for workers employed at economic benefit projects that receive more than $1 million dollars in subsidies.United StatesEmployment and HRHerrick, Feinstein LLP
ArticleU.S. Supreme Court Rejects Presumption Of Prudence For Benefit Plan Investments In Employer StockIn Fifth Third Bancorp v. Dudenhoeffer, a unanimous Supreme Court rejected the presumption of prudence doctrine (also known as the Moench doctrine), which is applicable to claims against fiduciaries of benefit plans that invest in the sponsoring employer's stock.United StatesEmployment and HRHerrick, Feinstein LLP
ArticleEstate Planning Considerations For The New "Green Book" Tax ProposalsOn May 28, 2021, the Biden Administration released its "Green Book," which summarizes the Administration's tax proposals. While the Green Book is not proposed legislation, it highlights...United StatesFamily and MatrimonialHerrick, Feinstein LLP
ArticleCongress May Consider Making $7.5 Million Debt Limit For Subchapter v Permanent: Should The Limit Be Increased?The introduction in 2020 of subchapter V for small business chapter 11 cases was the biggest structural reform in business bankruptcies since the enactment of the Bankruptcy Code in 1978.United StatesInsolvency/Bankruptcy/Re-StructuringHerrick, Feinstein LLP
ArticleParagon Offshore, Plc: US Trustee Denied Quarterly Fees Based On Litigation Trust's Payments To Its BeneficiariesThe U.S. Bankruptcy Court for the District of Delaware recently denied the US Trustee's motion to compel post-confirmation quarterly fees from Paragon Offshore, plc under 28 U.S.C. § 1930.United StatesInsolvency/Bankruptcy/Re-StructuringHerrick, Feinstein LLP
ArticleNew Jersey Supreme Court: Damages From Subcontractor's Faulty Work Triggers Insurer's Duty To Defend A General Contractor Under Commercial General Liability PolicyThe New Jersey Supreme Court, joining a growing trend, held that consequential damages resulting from a subcontractor's faulty work triggered an insurer's duty to defend the general contractor.United StatesInsuranceHerrick, Feinstein LLP
ArticleRightful Heirs In Nazi-Era Cases: What We Can Expect For Gurlitt ClaimsIn virtually all Holocaust-era claims, locating the rightful owner – and his or her heirs – of an artwork that was misappropriated by the Nazis is an issue of utmost importance to the resolution of a claim.United StatesMedia, Telecoms, IT, EntertainmentHerrick, Feinstein LLP
ArticleI Missed The Boat! I Didn't Register By May 5th. What Do I Do Now?As we mentioned in an earlier tax alert under the FATCA rules, May 5, 2014 was the last day to complete registration with the IRS.United StatesTaxHerrick, Feinstein LLP