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  • Article

    From Vacancy To Vibrancy: Empire State Development's Vision For Long Island Housing

    On March 27, 2025, Empire State Development, New York State's chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed...
    United StatesReal Estate and Construction
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    New Year, New (Proposed) Rules: Updates In The Commercial Division

    Amid the hustle and bustle of the holiday season, and gearing up for the new year, the Commercial Division Advisory Council (the "Advisory Council")...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    “You Waived What?”: Delaware’s LLC/Corporate Inspection Rights Divide

    There’s a simple truth in Delaware entity law: LLCs and corporations operate on fundamentally different philosophies. Nowhere is that contrast sharper than when it comes...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    A Tale as Old as Time: Commercial Division Reiterates that Fiduciary Duty Remains a Pillar of Commercial Law

    Fiduciary duty claims between closely-held business owners are commonplace in litigation before the Commercial Division.
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Behind The Bench: An Evening With The Westchester Commercial Division Justices

    On April 23, 2025, Matt Donovan and Viktoriya Liberchuk moderated a panel featuring Westchester Commercial Division Justices Linda S. Jamieson...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Non-Compete Fight Yields Mixed Results In Cabrita v. Vitabyte, Inc.

    The enforceability of non-compete agreements remains an active issue in New York courts, and a recent Queens County Commercial Division case...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Off-the-Table: Pre-Exit Founder Liquidity In Venture-Backed Startups

    For founders and executives at venture-backed startups, equity is often the centerpiece of compensation – and the primary driver of long-term wealth.
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Playing Nice In The Litigation Sandbox

    I think it's fair to say that Commercial Division judges have little time for discovery disputes. If one peruses the individual practice rules of many of the ComDiv judges...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    A Shortcut Is Not Always A Shortcut: Commercial Division Reaffirms The Importance Of Notice For Summary Judgment In Lieu Of Complaint

    CPLR 3213 offers a faster path to judgment for claims based on instruments for payment of money, but strict adherence to procedural requirements—especially proper service—is essential. Two recent Commercial Division decisions illustrate how service defects can end a case before reaching the merits, while proper service allows courts to grant expedited relief.
    United StatesLitigation, Mediation & Arbitration
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Choose Your Forum Wisely (Part II): Commercial Division Reiterates The High Bar To Overturn An Arbitration Award

    Last fall, I blogged about the challenges of overturning an arbitrator’s award (check out that post here). That case illustrated the difficulties of vacating an award based on a purported erroneous ruling of law.
    United StatesLitigation, Mediation & Arbitration
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Court Of Appeals Confirms CPLR 9802’s Notice Of Claim Obligations Apply To Counterclaims: A Shield Or A Sword?

    A recent New York Court of Appeals decision demonstrates the strict consequences of failing to file a timely notice of claim under CPLR 9802 when pursuing contractual claims against incorporated villages. The case examines whether a village can assert this statutory defense after engaging in extensive litigation, and explores the narrow circumstances under which equitable estoppel might prevent enforcement of the notice requirement.
    United StatesLitigation, Mediation & Arbitration
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Don't Count on a Court as a Fail-Safe: Commercial Division Reiterates the High Burden to Overturn an Arbitrator's Award

    Arbitration can be an attractive alternative to the courtroom for any number of reasons. But practitioners should know that arbitration is not the courtroom...
    United StatesLitigation, Mediation & Arbitration
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Technical Difficulties Aren’t Enough: A Lesson From The Commercial Division

    Every litigator has experienced a technology hiccup at an inconvenient moment. But courts have made clear that vague references to “technical difficulties” will not excuse a failure to appear—and once a default...
    United StatesLitigation, Mediation & Arbitration
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Drawing The Line: Legal Differences Between Variances And Special Exceptions

    In an ideal scenario for any property owner or developer looking to build on Long Island, all aspects of a new development project will comply with the applicable provisions of a municipality's zoning ordinance
    United StatesReal Estate and Construction
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    New Accredited Investor Net Worth Test To Impact Private Investment

    In the Dodd-Frank Act passed last year, Congress required that an individual’s primary residence be excluded from the $1million net worth test for accredited investor status.
    United StatesStrategy
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    M&A Tax Concepts: What Is A "Gross-up Payment," And Why Does It Matter?

    Buying or selling a business is an exciting experience, and potentially lucrative opportunity for all parties.
    United StatesTax
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Context Matters: Commercial Division Declines Application Of The Business Judgment Rule In A Going-Private Merger Transaction.

    The business judgment rule is a common-law principle that generally prohibits courts from questioning the propriety of actions taken by corporate directors and officers...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Portability Pitfalls: Why Complete And Accurate Estate Tax Returns Matter

    The Internal Revenue Code permits a surviving spouse to utilize or "port" the deceased spousal unused exclusion ("DSUE") if: (1) the executor of the estate of the deceased spouse files...
    United StatesTax
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    The Proof Is In The Note: Commercial Division Holds A Heter Iska Is Not Outside Proof For Purposes Of Summary Judgment In Lieu Of Complaint

    As many practitioners are aware, the litigation process in New York often feels like a tortoise race, with many cases taking years to resolve.
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.
  • Article

    Retirement Of Working Owners Of Closely Held Business Entities: What's Your Plan?

    It's a fact that the great majority of multi-owner, closely held business entities are run by working owners. In many if not most instances the working owners realize the financial benefits...
    United StatesCorporate/Commercial Law
    Farrell Fritz, P.C.
    Farrell Fritz, P.C.

Showing 161–180 of 415 results

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