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Features

CRE Has Survived Crises In the Past and It Will Overcome This One Too Image

CRE Has Survived Crises In the Past and It Will Overcome This One Too

Joseph J. Ori

Since the 1980s, the country has been through numerous recessions and real estate crashes. Whenever these downturns or crashes occur, the distressed side of the industry, which is usually dormant until the crash occurs, rises to the challenge and mobilizes its resources to acquire, renovate, release, and sell these foreclosed and vacant properties.

Features

Supreme Court's Slack Ruling Could Curb 'Direct Listings' IPO Alternative Image

Supreme Court's Slack Ruling Could Curb 'Direct Listings' IPO Alternative

Jimmy Hoover

Messaging company Slack Technologies scored a unanimous victory in the U.S. Supreme Court last month, which held that an investor suing over a company stock offering must show he held "registered" securities in the company.

Columns & Departments

IP News Image

IP News

Jeff Ginsberg & J. Jay Cho

Federal Circuit Examines the Analogous Art Test Federal Circuit Affirms PTAB's Finding of Prior Invention

Features

Owners Have No Constitutional Right to Expand Nonconforming Uses Image

Owners Have No Constitutional Right to Expand Nonconforming Uses

Stewart E. Sterk

Can a municipality's refusal to permit expansion of a pre-existing nonconforming use constitute a federal constitutional violation?

Columns & Departments

Development Image

Development

NYRE Staff

When Zoning Amendment Adds Permitted Uses In Zoning District, Landowners Subject to the Ordinance Have Standing to Challenge the Amendment

Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

NYRE Staff

Unit Owner's BCL 501(c) Claim Dismissed

Columns & Departments

Landlord & Tenant Law Image

Landlord & Tenant Law

NYRE Staff

Local Law Prohibiting No-Cause Evictions Pre-Empted By State Law Contractual Indemnification Unenforceable Indemnification Clause Enforced Good Faith Efforts to Cure Extend Cure Period for Yellowstone Injunction

Columns & Departments

Real Property Law Image

Real Property Law

NYRE Staff

Recorded Mortgage Does Not Remove Title Insurance Claim From Policy Exclusion When Underlying Deed Was Not Recorded No Easement By Necessity for Parking Lawn Mowing and Driveway Plowing Suffice to Establish Adverse Possession

Features

The Wild West of LawCity, Web3 and the Metaverse Image

The Wild West of LawCity, Web3 and the Metaverse

Vivian Hood

But what is the metaverse? Is it a game? Is it virtual reality? Is it AI? Let's put aside any scoffing that the metaverse is simply a gaming environment for teenagers to play in. We need to accept the real-world legalities and practicalities that law firms today have to understand about how they, and the next generations of their lawyers, will be conducting business.

Features

Mindset for Happiness: Retrain Your Brain Image

Mindset for Happiness: Retrain Your Brain

Sharon Meit Abrahams

Happiness is not a permanent feature or personality trait, but a more fleeting, changeable state. Progress on our professional and personal goals can make us feel happier and more satisfied with life. The pursuit of happiness can be a goal, but it is important to remember that happiness is not permanent, and it is normal to experience negative thoughts and emotions.

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MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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  • Meet the Lawyer Working on Inclusion Rider Language
    At the Oscars in March, Best Actress winner Frances McDormand made “inclusion rider” go viral. But Kalpana Kotagal, a partner at Cohen Milstein Sellers &amp; Toll had already worked for months to write the language for such provisions. Kotagal was developing legal language for contract provisions that Hollywood's elite could use to require studios and other partners to employ diverse workers on set.
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