VideoHow To Protect Home Run Ball #62? (Video)When he hit his 62nd home run in this year's American League season, New York Yankee Aaron Judge broke Roger Maris' 1961 home run record.United StatesMedia, Telecoms, IT, EntertainmentGallet Dreyer & Berkey
ArticleJay Hack Discussed The Impact And Exposures Related To Recent Bank Closures (Video)What must banks know about the financial issues of the day, most recently the failures of Silicon Valley Bank, Signature Bank, and related issues regarding FDIC insurance...United StatesInsuranceGallet Dreyer & Berkey
ArticleCourt Holds Subcontractor Cannot Lien For Temporary Sidewalk Shed And ScaffoldAn owner of a Manhattan 12-story building hired a contractor to perform façade repairs. The contract required a pedestrian sidewalk shed and scaffolding for the repairs,...United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleUpping The Ante: Getting A Larger Lien Discharge Bond AmountThe New York Lien Law provides that one can "bond off" a mechanics lien by posting an "undertaking" (i.e., bond) in an amount equal to 110% of the amount of the lien.United StatesLitigation, Mediation & ArbitrationGallet Dreyer & Berkey
ArticleNew Landlord Obligations To Disclose Flood Risks When Leasing Real PropertyThe increase in flooding caused by severe weather changes has motivated our legislature to require landlords to disclose the flood history of residential property being leased to tenants.United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleSupreme Court Holds IRS To Lower Offshore Account Penalties, But Proper Compliance Is Still EssentialImagine the IRS discovering your "secret" offshore bank accounts. Imagine further that instead of the IRS assessing a penalty of $10,000 for failing to file the "FBAR", which is the proper...United StatesWealth ManagementGallet Dreyer & Berkey
ArticleMaintenance Contractor Could Not File Mechanics Lien Because Work Was Not Permanent ImprovementIn 2014, an elevator contractor contracted to service, maintain and repair the elevator for a 7-story, 21-unit East Village residential building. The contractor received a monthly sum...United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleLien Law Trust Fund Diversions — Can You Pay Your Own Laborers Before You Pay Your Subs?New York's Lien Law Article 3A creates special statutory safeguards to ensure payment of contractors and laborers on construction projects. The primary purpose of Article 3A...United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleNew York Takes One Step Closer To Banning Non-Compete AgreementsOn June 20, 2023, the New York Assembly passed a bill, already passed by the Senate, that would ban New York employers from entering into non-compete agreements with employees.United StatesEmployment and HRGallet Dreyer & Berkey
ArticleFederal Preemption Of State Consumer Laws – Reports Of Its Demise At The Hands Of Dodd Frank Are PrematureWhen Dodd Frank was adopted in 2010, a political trade off resulted in the inclusion of a provision defining when national banks could benefit from federal preemption of state consumer laws. United StatesConsumer ProtectionGallet Dreyer & Berkey
ArticleAirbnb – Not For MeNew York City's new short-term registration law is set to take effect on January 9, 2023, as the city takes one more swipe at the ever-growing short-term rental market. United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleFranchise Sales: New Guidelines Prohibit The Use Of Franchisee Questionnaires In The Sales ProcessFranchisors can no longer use franchisee questionnaires during the franchise sales process, according to a new Statement of Policy effective January 1, 2023, issued by the North American...United StatesCorporate/Commercial LawGallet Dreyer & Berkey
ArticleAn Ounce Of Prevention May Save You A Pound Of Trade SecretsOn January 5, 2023, the Federal Trade Commission proposed regulations that would outlaw most non-compete clauses in employment contracts, in both currently effective and future contracts.United StatesEmployment and HRGallet Dreyer & Berkey
ArticleDon't Forget The Statutory Notice Of ClaimWe don't usually write about personal injury matters. But sadly, personal injury accidents happen on construction projects. And when an accident occurs on a project owned by a public...United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleDeciding Willful Exaggeration Of A Lien Before TrialFiling a mechanic's lien is easy. As those of my generation used to say, "all you need is a typewriter and a dream." Just fill out a form, sign it, and walk it down to the County Clerk's office...United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleIRS Offers Full-Year Filing Relief For Taxpayers Impacted By The Hamas Attacks On Israel And A Month Of Relief For Certain Late PaymentsThe Internal Revenue Service announced tax relief for individuals and businesses affected by the terrorist attacks in the State of Israel.United StatesTaxGallet Dreyer & Berkey
ArticleE-Bikes Do Not B-LongOver the last few years, we've seen an increase in fires caused by lithium-ion batteries.United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleWhy Not Just Blame The Landlord And The Mortgage Lender...?The New York City Council has adopted a new law that imposes penalties on landlords who knowingly lease premises to unlicensed cannabis or tobacco sellers.United StatesReal Estate and ConstructionGallet Dreyer & Berkey
ArticleWhen In Doubt – Blame The BankRegulators have recently erupted with pronouncements regarding the alleged "abusive" practice of banks charging multiple bounced check charges when a check written by a depositor is returned unpaid...United StatesFinance and BankingGallet Dreyer & Berkey
ArticleTen Strategies To Prepare For Local Rumors Caused By Recent Bank CollapsesThe talking heads, bloggers, pundits and rumor spreaders are at it again. Silicon Valley Bank and Signature Bank fails because of a short-term liquidity crunch and Signature Bank...United StatesTechnologyGallet Dreyer & Berkey