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3 Nolan Heller Kauffman Attorneys Named to 2021 Super Lawyers®

We are proud to announce that 2021 New York Super Lawyers Upstate Edition has recognized three Nolan Heller Kauffman LLP attorneys. Justin A. Heller – Business Litigation & Creditor/Debtor Rights. Madeline H. Kibrick Kauffman  – Business/Corporate Law & Creditor/Debtor Rights. Francis J. Brennan  – Business Litigation & Bankruptcy Law. The Top 5% of Attorneys in […]

Proposed Changes to Federal Laws Look to Remove Industrywide Marijuana Hurdles

Many states, including New York, have recently legalized recreational marijuana; however, the current federal banking laws prohibit most banking institutions from any involvement in the cannabis industry. Proposed amendments to the relevant federal statutes seek to remove this hurdle. Despite the fact that marijuana is now legal, in some form, in more than thirty states, […]

Cannabis: Green Gold Mine or Divisive Drug?

On March 31, 2021, New York became the fifteenth state in the United States to legalize recreational marijuana. Recreational marijuana has been legal in Massachusetts  for several years and New Jersey recently enacted legislation making it legal there as well. Part of the impetus for legalizing cannabis in New York was a concern that residents […]

New York Has Legalized Marijuana… Now What??

On March 31, 2021, New York became the fifteenth State in the U.S. to legalize recreational marijuana. Some of the changes, such as expungement of past possession convictions, legalization of possession of certain amounts, and the ability to grow plants at home, are effective immediately, Others, such as the creation and adoption of laws regulating […]

PPP Loans & Bankruptcy: SBA Issues New Guidance

Earlier this month, the Small Business Administration (SBA) issued new guidance regarding the Paycheck Protection Program (PPP) and bankruptcy. When Congress passed the CARES Act, it did so without any statutory limitation on lending to businesses that were involved in bankruptcy proceedings. However, shortly after the PPP was first implemented, the SBA issued Interim Final […]

Second Draw PPP Loan Applications & Eligibility Issues

  On March 11, 2021, President Biden signed into law the American Rescue Plan Act. Among many other things, the law extended the Paycheck Protection Program (PPP) loan application deadline from March 31, 2021 to May 31, 2021 for both First Draw and Second Draw Paycheck Protection Program loans. Are you eligible for a Second […]

Is Takeout Alcohol Here to Stay?

New York Among States Contemplating Extension of Temporary Provisions New York Assembly Member Pat Fahy has sponsored a bill, which, if passed, would allow takeout and delivery of alcohol by restaurants and bars to continue for two years after the end of the pandemic-related emergency. A similar bill sponsored by State Senator Brian Benjamin is […]

Hotel/Motel, Office and Selected Retail Property Assessments Should Be Reviewed

While some business sectors have weathered the COVID-19 coronavirus pandemic disruption remarkably well, others, including hotel/motel, specific retail, and office sectors, have been severely impacted. According to CBRE, U.S. hotels suffered the worst annual occupancy level in 2020 since the Great Depression (1). Compounding a drop in tourist occupancy, business demand for hotel and motel […]