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Are DHCR's New Regulations Unconstitutional?
On Feb. 24, 2014, the Rent Stabilization Association, Community Housing Improvement Program, and certain property owners filed a lawsuit in the New York State Supreme Court challenging the constitutionality of the numerous amendments that the Division of Housing and Community Renewal (DHCR) promulgated to the Rent Stabilization Code (RSC) and Tenant Protection Regulations (TPR) on Jan. 8, 2014. In particular, the lawsuit challenges: 1) the creation and codification of the Tenant Protection Unit (TPU), an entity that is supposed to “proactively” enforce the rent-stabilization laws and regulations; and 2) various other amendments to the RSC and TPR (collectively, the “Regulations”) on the grounds that the newly enacted amendments conflict with the rent-stabilization laws codified by the New York City Council in 1969 and New York State Legislature in 1974 and/or constitute a violation of the separation of powers doctrine.
The 'Four-Year Rule'
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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.