Tax Treatment of Judgments and Settlements
October 01, 2024
Counsel should include in its analysis of a case the taxability of the anticipated and sought after damages as the tax effect could be substantial.
Eligibility and Tax Impact of ERC Refunds
October 01, 2024
As the IRS continues its efforts to combat fraud and streamline processing, businesses that have legitimately qualified for the ERC should stay informed about developments and take appropriate actions to secure their refunds. The landscape of ERC claims is evolving, and staying proactive will be key to successfully navigating the remaining challenges.
Law Firms Prepare for Gen Alpha
October 01, 2024
It is overly simplistic to compartmentalize nuanced humans and form policies based on age ranges alone. But … it can be useful from a law firm standpoint to identify how, when and for whom policy shifts might be necessary.
'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
October 01, 2024
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
Landlord & Tenant Law
October 01, 2024
Holdover Tenant Liable for Breach of Covenant
Landlord's Acceptance of Rent for 20 Years Waived Right to Challenge Tenancy and to Prevent Exercise of Options to Renew
DHCR's Decision Destabilitzing Apartment Upheld
Real Property Law
October 01, 2024
Scope of Easement Included Right to Install Seasonal Dock
No Easement By Necessity But Questions of Fact Remained About Prescription Claim
Questions of Fact Remain About Effects of Drilling On Neighboring Parcel
Condominium Not Entitled To Summary Judgment On Neighbor's Claim for Negligent Maintenance of Water Main
Co-ops and Condominiums
October 01, 2024
Fraudulent Conveyance Claim Against Sponsor Avoids Dismissal
Unit Owner's Appropriation of Common Area Constitutes Continuous Trespass Not Barred By Statute of Limitations
Development
October 01, 2024
Environmental Group Had Standing to Challenge Permit
Town Could Not Deny Special Permit On Ground That Unit Owner Had Failed to Show Reasonable Need for Proposed Facility
Generative AI and the 2024 Elections: Risks, Realities, and Lessons for Businesses
October 01, 2024
GenAI's ability to produce highly sophisticated and convincing content at a fraction of the previous cost has raised fears that it could amplify misinformation. The dissemination of fake audio, images and text could reshape how voters perceive candidates and parties. Businesses, too, face challenges in managing their reputations and navigating this new terrain of manipulated content.
3 AI Bills in Congress for Employers to Track: Proposed Laws Target Automated Systems, Workplace Surveillance, and More
October 01, 2024
While much of the existing legal landscape on AI centers on broad, overarching principles, Congress has been considering bills that hone in on more specific issues like the workplace.
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