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New York Strengthens Wage Laws Image

New York Strengthens Wage Laws

Elise M. Bloom, Fredric C. Leffler & Thomas A. McKinney

Part One of this article discussed the changes in New York Labor Law (NYLL) pertaining to commissioned sales personnel. The conclusion herein addresses the other changes made by the law.

Features

New DOJ Guidelines on Prosecuting Businesses Image

New DOJ Guidelines on Prosecuting Businesses

Stanley S. Arkin, Peter B. Pope & Barrett N. Prinz

After much pressure from the defense bar, the judiciary and Congress, the DOJ issued new guidelines on prosecuting businesses on Aug. 28, 2008. A close look at the fine print, however, shows that not much has changed.

Features

The KPMG Tax Shelter Case and the Right Against Self-Incrimination Image

The KPMG Tax Shelter Case and the Right Against Self-Incrimination

Laurence A. Urgenson & Jason P. Hernandez

In a much anticipated opinion, the Second Circuit has affirmed the dismissal of an indictment against 13 former partners and employees of the accounting firm KPMG, who were charged with creating fraudulent tax shelters. <i>United States v. Stein.</i> This article discusses the case in depth.

Features

Taming the Tenant's Form of Lease Image

Taming the Tenant's Form of Lease

Myles Hannan

Accustomed to manning the ramparts in defense of its landlord client's form of lease, it is always a bit unsettling for a landlord's lawyer to be advised by its client that "for this national tenant, we must work from the tenant's form of lease." Suddenly, instead of engaging in the familiar determination of which of the tenant's requested lease revisions are acceptable to the landlord, the lawyer is faced with determining which essential provisions of a lease from landlord's perspective are either entirely or substantially missing from the tenant's form of lease and then negotiating to include such provisions.

Features

New York's Labor Law Image

New York's Labor Law

ALM Staff & Law Journal Newsletters

Both Labor Law '240(1) and '241(6) impose a nondelegable duty on property owners to provide specified protections to workers. This duty exists regardless of whether or not the owner controlled, directed, or supervised the work. As the courts have repeatedly observed, the imposition of this duty protects workers, by placing ultimate responsibility for their safety upon owners and contractors, instead of on the workers themselves.

Features

Consent to Sublease Image

Consent to Sublease

Jay A. Gitles

Substantial portions of commercial space are commonly available via sublease. In comparison with a direct lease (which customarily becomes effective upon execution and delivery by the Landlord and the Tenant), a sublease usually only becomes effective if and when the Sublandlord and Subtenant execute and deliver the Sublease and the Master Landlord executes and delivers a Consent to Sublease.

Features

Supreme Court Speaks Again on Punitive Damages Image

Supreme Court Speaks Again on Punitive Damages

ALM Staff & Law Journal Newsletters

On June 25, the U.S. Supreme Court decided <i>Exxon Shipping Co. v. Baker</i>, a ruling likely to fortify the view that an award of punitive damages should not exceed the amount of the compensatory award. To be sure, some will argue that there are, may be, or ought to be, exceptions; some will argue that the Court was only deciding federal common law in a maritime case and not the limits of state common law; and some may say there is still support for accepting punitive awards that exceed a 1:1 ratio.

Features

Uncertainties of Federal Disclosure Requirements for Employee Experts Image

Uncertainties of Federal Disclosure Requirements for Employee Experts

John Sear & Ryan McCarthy

Product liability litigation is waged through battles of the experts. Hotly contested disputes over expert testimony arise early and often, from discovery through trial and even appeal. Disputes intensify when parties use their own employees as experts because the law governing employee expert disclosure remains undeveloped.

Features

Index Image

Index

ALM Staff & Law Journal Newsletters

Everything contained in this issue, in an easy-to-read format.

Features

Leases or Licenses ' Does a Label Matter? Image

Leases or Licenses ' Does a Label Matter?

Lawrence A. Kobrin

Attorneys representing property owners are often requested to document arrangements for very short-term and temporary usage of property. "I don't want a lease; just a license agreement will be fine," is the frequent form of the request. Assuming that the client's request is not merely an attempt to keep the legal fees down, is such a request one that makes sense from an owner's point of view? More important, can a careful attorney respond positively?

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