Features
The Leasing Hotline
Highlights of the latest commercial leasing cases from around the country.
Features
Judge Delays Ruling
Many New Yorkers have for some time been frustrated by the fact that this remains the only state in the union lacking any form of no-fault divorce. Last year, the matrimonial commission appointed by Chief Judge Judith S. Kaye concluded that 'fault allegations and fault trials add significantly to the cost, delay and trauma of matrimonial litigation.' Still, little progress has been made by those seeking to change this state of affairs.
Features
Information Security Breaches: Privacy Laws and Procedures
Part One of this series discussed security breach notification laws. The conclusion addresses security procedures laws.
Features
Valuing the Closely Held Business
The assessment of replacement compensation should not be undertaken without careful consideration. The valuation expert must be able to demonstrate that the analysis has been conducted using the best available data, that it was properly researched for reliability, that the components of actual compensation and replacement compensation are similar in nature and that the resulting determination is not biased and does not advocate for any position.
Older Couples and Divorce
Payment of estate tax is the greatest economic loss faced by elderly couples who divorce. While married, each spouse may leave all or any portion of his or her estate to the surviving spouse, either in trust or outright, free of all estate and gift tax. This marital deduction, coupled with the applicable exclusion amount and prudent estate planning, saves a married couple a substantial amount of federal estate tax, and in some instances all estate tax, allowing more accumulated wealth to pass to their children and grandchildren.
Limiting the Impact of Co-Tenancy Requirements
A co-tenancy requirement may have substantial negative effects, including a domino effect if more than one tenant ceases to operate. Part One of this series discussed defining co-tenancy requirements, limiting their duration, and defining violations. The conclusion addresses notice and cure rights and limiting the tenant's remedies.
Applying Pressure to Get a 'Get'
In an unusual twist on a growing religious issue, a Boca Raton, FL, psychiatrist who refused to grant his ex-wife a Jewish religious divorce ('get') has filed suit to stop members of a local synagogue from holding demonstrations in front of his office demanding that he give her the divorce.
Features
New Standards for Appraisers
Since mid-2006, several extraordinary changes have taken place with regard to 'raising the bar' of valuation practitioners. Family law attorneys need to recognize these changes and be prepared to demand better expert appraisal services. Not only will you be more able to challenge the unprepared novice, but you should expect that your expert appraiser may well be challenged by competent opposing counsel.
Features
Follow the Rules or Forget Your Fees
While all states have rules addressing attorney practices, New York appears to stand alone in singling out the matrimonial practice for special attention. New York matrimonial and family law practitioners are highly regulated. We are governed, not only by general disciplinary rules and the code of professional conduct applicable to all attorneys, but we are also regulated by what is commonly known as the 'Matrimonial Rules,' set forth in the New York Code of Rules and Regulations. In addition, the disciplinary rules also contain provisions, exclusive to family law practitioners, prohibiting contingency fee retainers and restricting sexual relationships between attorney and client.
Features
NY Divorce Ruling Awaits Action in Legislature
The New York judiciary has taken what can be seen as an extraordinarily activist position in an attempt to urge the legislature to change its position on the grounds for divorce in New York, the only state that still requires grounds for divorce. A trial judge has decided to withhold his ruling in a divorce case in the hope that the state legislature will soon pass a bill adding irreconcilable differences as no-fault grounds for divorce in New York state.
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