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  • Article

    New York City Council Renews Emerging Biotech Tax Credits

    To keep emerging technology companies in New York, the New York City Council renewed the biotechnology tax credit for tax years beginning after January 1, 2023 and before January 1, 2026
    United StatesFood, Drugs, Healthcare, Life Sciences
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Federal Court Sides With The SEC, Sounding The Alarm For All Crypto Projects

    LBRY operates the decentralized content-sharing platform Odysee.
    United StatesTechnology
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    The First NY Adult Use Cannabis Retail Licenses Will Likely Come Under Tribal Ordinance

    The Saint Regis Mohawk Tribe is now taking applications for Tribal Cannabis Retail Licenses.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    How New York State's Controversial Proposed Long-Term Care Plan Could Impact You

    Between the aging of baby boomers and increasing life expectancies, there is a growing demand for Long Term Care ("LTC") throughout the United States.
    United StatesEmployment and HR
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Brief Update On The State Cannabis In New York: A Waiting Game

    The state of cannabis in New York remains in a state of flux. We had previously discussed the completion of the Cannabis Control Board (CCB) under Governor Kathy Hochul at the end of September.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Judge Rules: NBA "Top Shot" Moment NFTs Might Be Securities

    NBA Top Shot launched in 2020 as one of the first killer use-cases for NFTs – next generation cryptographically authenticated digital basketball cards.
    United StatesTechnology
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Treasury And IRS Propose Regulations Requiring Brokers To Report Exchanges Of Digital Assets And Withholding On Certain Payments

    On August 25, 2023, the Treasury Department and the Internal Revenue Service (the "IRS") issued proposed regulations (REG–122793–19) that
    United StatesTechnology
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Biden Announces Mass Pardon & Plans To Reschedule Cannabis – But What Does That Mean?

    Yesterday afternoon President Biden announced that his administration will pardon all prior federal offenders charged with "simple marijuana possession." Further, he announced...
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Tenant Screening: Getting Reimbursed For Tenant Application Screening Fees

    In 2021, New York enacted a bill – the Housing Stability and Tenant Protection Act of 2019 (the "Act") – limiting the amount landlords and their agents
    United StatesReal Estate and Construction
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    WAGMI! At Last, A Legal Victory For Cryptocurrency

    After a seemingly endless wave of legal defeats, the Web3 world rejoiced as the Southern District of New York ruled partially in favor of Ripple Labs, Inc. ("Ripple")...
    United StatesTechnology
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    The New York Medical Psilocybin Legislation And Beyond

    At the end of 2021, New York Assemblyman Pat Burke introduced Assembly Bill A08569 which related to the medical use of psilocybi.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Motion To Dismiss Denied In Hermès' Case Against ‘MetaBirkins' Artist

    Last month, we published an article on the rise of NFT lawsuits including cases with issues of trademark infringement such as Hermès v. Rothschild.
    United StatesIntellectual Property
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    New York Takes Another Step Closer To Adult-Use Cannabis: OCM Releases Draft Rules On Packaging And Marketing

    At the start of this month, the Office of Cannabis Management (OCM) released draft regulations for the packaging, labeling, marketing, and advertising of cannabis products in New York State.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    From The Discord Server To The Courthouse: Lessons Learned From Early NFT Lawsuits

    A few years ago, as ‘smart contracts' emerged, statements circulated along the lines of "smart contracts will remove the need for attorneys."
    United StatesIntellectual Property
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    Senators File Comprehensive Federal Cannabis Legalization Bill: Cannabis Administration And Opportunity Act (CAOA)

    The filed CAOA comes just over a year following the unveiling of a draft in July of 2021.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    NFT Firsts: SEC Settles First Two NFT Securities Cases

    For the past two years, the SEC has become increasingly more hostile towards blockchain service providers and issuers, which has manifested in a deluge of enforcement actions against exchanges, decentralized finance protocols and token issuers.
    United StatesCorporate/Commercial Law
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    NYC Cannabis Landlord Accountability Law Has Limitations

    As per the bill, city inspectors will be dispatched to suspected unlicensed stores, which currently number in the thousands.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP
  • Article

    A Complete Breakdown Of New York's Latest Cannabis Guidance

    At the end of last week, the Office of Cannabis Management ("OCM") released new guidance for their upcoming Adult-Use Retail Dispensaries.
    United StatesCannabis & Hemp
    Falcon Rappaport & Berkman LLP
    Falcon Rappaport & Berkman LLP

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