In Pesa v. Yoma Development Group, Inc., No. 3, NYLJ 1202541875877, at *1 (NY Ct. of App., Decided February 9, 2012), New York State's highest court, the New York Court of Appeals, held that a real estate buyer must be 'ready, willing and able' to close on the purchase of real estate in order to claim damages from a seller that has repudiated the contract of sale.

After four years of city-wide public meetings, discussion and debate, the Philadelphia City Council followed the recommendations of the Zoning Code Commission and approved legislation which adopted a new Zoning Code for the City.

December 18, 2013, was a dark day for Target Corp. Nationally ousted as the victim of the largest retail data breach in history, Target’s CEO Gregg Steinhafel took pains to assure consumers "they will not be held financially responsible for any credit or debit card fraud."

Critical evidence, needed for the resolution of a dispute abroad, may be located in the United States.

The owners of tugs and other workboats are entitled to limit their liability under the Shipowner’s Limitation of Liability Act, 46 U.S.C. §30501 et seq. ("Limitation Act"), to the same extent as the owners of ocean-going ships.

The National Oceanic and Atmospheric Administration, through the National Marine Fisheries Service, issued the Final Rule on October 10, 2008 concerning speed restrictions on the east coast of the United States.

Rule 10b5-1 trading plans, and those using them, are making headlines, as when properly implemented, this rule could provide a defence against accusations on insider trading.

The Corporate Law Section of the Delaware Bar Association will meet Thursday, February 26, 2009 to consider and vote upon amendments to the Delaware General Corporation Law (DGCL).

The Leahy-Smith America Invents Act of 2011 (AIA) extensively reforms U.S. patent law.

The AIA extensively reforms U.S. patent law, and in doing so, replaces the current first-to-invent system with a first-inventor-to-file system.

In February, 2012, the EPA issued a revised risk assessment for tetrachloroethylene, more commonly known as PERCHLOROETHYLENE or PCE.

A public company that files periodic reports with the Securities and Exchange Commission (“SEC”) under Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is required to disclose certain tax penalties in its Annual Report on Form 10-K.

In February, the Office of Federal Contract Compliance Programs ("OFCCP") sent Corporate Scheduling Announcement Letters ("CSALs") to 1,000 contractor establishments.

The U.S. Patent and Trademark Office has announced several patent rule changes to implement the Patent Law Treaties Implementation Act of 2012.

On Friday, December 23, 2011, the Office of Legal ­Counsel within the U.S. Department of Justice issued a surprise Memorandum Opinion addressing the application of the Wire Act (18 U.S.C. § 1084) to wagering that does not relate to a "sporting event or contest."

In a decision with wide-ranging implications and potential refund opportunities, Pennsylvania’s Commonwealth Court ruled on September 19th that Pennsylvania municipalities (other than Philadelphia) may not impose their business privilege tax ("BPT") on a rental real estate business.

On November 15, 2010, U.S. Customs and Border Protection ("CBP") withdrew an Advance Notice of Proposed Rulemaking ("ANPRM") regarding the transportation of merchandise and equipment by foreign-flag vessels engaged in the support of Outer Continental Shelf ("OCS") activities.

On November 2, 2010, the U.S. Coast Guard published a Notice of Policy announcing the release of CG-543 Policy Letter 10-03, effective September 1, 2010, which outlines the ­procedures for denying entry to U.S. ports of non-compliant foreign-flag vessels due to a vessel’s history of ­operating in U.S. waters in a substandard condition.

In Halliburton Co. et al v. Erica P. John Fund, Inc., the Supreme Court revisited its decision in Basic, Inc. v. Levinson.

A number of discussion relating to current developments in securities law.