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Court Declines to Block Retroactive Application of HSTPA
The Housing Stability and Tenant Protection Act of 2019 (HSTPA) amended the Rent Stabilization Law and, among other draconian changes, severely curtailed landlords' incentives to modernize and otherwise improve rent regulated apartments by limiting the ability to recover the costs of individual apartment improvements (IAIs) to vacant apartments.
Approximately 45 days prior to the enactment of the HSTPA on June 14, 2019, 300 Wadsworth LLC contracted for $99,580 in improvements to a vacant apartment in dire need of renovation. Shortly afterwards, the apartment was demolished, and the IAIs began. Pre-HSTPA the maximum allowable increase for IAIs was 1/60th of the total IAI costs expended, or $1,659.67; under the HSTPA, it became $83.33. Pursuant to the HSTPA, IAI increases became temporary and must be removed after 30 years.
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The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.