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Maintenance Under the Child Support Standards Act
Since the 1989 adoption by the New York State legislature of the Child Support Standards Act (CSSA) (Domestic Relations Law ' 240[1-b]; Family Court Act ' 413.), a substantial body of case law has been developed with respect to its interpretation. As a result, the application of the CSSA can be more nuanced than a straightforward reading of the statute suggests.
A recent decision by the Second Department, Krukenkamp v. Krukenkamp, 2008 NY Slip Op. 06570, 2008 WL 3063675 (2nd Dept. 2008), highlights one of the provisions of the CSSA as interpreted by the case law which some may find illuminating ' or others, maddening, depending on one's perspective. As discussed below, the Krukenkamp case stands for the proposition that when child support is calculated under the CSSA in a post-divorce proceeding, maintenance payments that were originally excluded from the recipient's total income at the time of divorce are now included in his or her adjusted gross income to calculate the recipient's child support obligation.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.