LJN Newsletters

  • Defining ‘Alter Ego’ and Its Application to Determine Corporate Taxability

    Creditors of corporate entities will, at various times, pursue the controlling shareholders to satisfy an undercapitalized corporation’s indebtedness. Following along these lines, when it comes to income taxation, it is always important to be able to identify the proper taxpayer. Alter ego concepts may aid in any such determination, i.e., determining whether a corporation that presumably realizes the income should be taxed, or whether the controlling shareholder realized the income and, therefore, should bear the tax liability.

    December 01, 2024Jeffrey A. Galant

  • The Risks of Office-to-Residential Conversions

    Office-to-residential conversions present significant challenges to owners and developers that arise from the interrelationship among the regulatory regime, the legal restrictions and requirements of the site and the physical requirements of conversion; the resulting incremental cost of conversions mean that many potential conversions just do not pencil out.

    December 01, 2024Peter E. Fisch and Salvatore Gogliormella

  • Players On the Move

    A look at moves among attorneys, law firms, companies and other players in entertainment law.

    December 01, 2024Entertainment Law & Finance Staff

  • Development

    Department of Environmental Conservation Misapplied Statute

    December 01, 2024New York Real Estate Law Reporter Staff

  • IP News

    A look at the latest developments in intellectual property law.

    December 01, 2024The Intellectual Property Strategist Staff

  • Can A LLC President File for Bankruptcy Over Objections of Debtor’s Other Members?

    Through a unilateral bankruptcy filing, a president and manager of a limited liability company sought to utilize the Chapter 11 process and sell a debtor’s business as a going concern over the objection of the debtor’s other members. In this case, the issue was whether the president was authorized to do so.

    December 01, 2024Lawrence J. Kotler and Drew S. McGehrin

  • High National Debt Is Bad for CRE

    The federal debt is a huge number at $36 trillion. That has major implications for the government and the economy. Debt numbers this large automatically send out ripples the size of tsunamis. Some of them could wash over long-term Treasury yields and then flood the cost of commercial real estate capital.

    December 01, 2024Erik Sherman

  • What the GOP’s Tax Plan Might Actually Look Like

    With Republicans poised to take control of the White House and Congress, the odds are high that key elements of the 2017 Tax Cuts and Jobs Act set to expire at the end of 2025 will in fact be extended — potentially for the better part of the next decade. Still, given the relatively narrow majorities expected in both the House and the Senate, the exact path forward for tax reform and broader federal budget negotiations also includes some unknowns.

    December 01, 2024John Manganaro