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Governor Hochul Pledges Legislation for Legalization of Takeout Alcohol In her January 6, 2022, State of the State Address, New York Governor Kathy Hochul vowed to promulgate legislation allowing the return of alcohol to go. This announcement was greeted with great enthusiasm by the restaurant industry and the public. The Background on To-Go Alcohol in […]
On October 1, 2018, Medical Liability Mutual Insurance Company (“MLMIC”) was converted from a mutual insurance company to a stock company and sold to Berkshire Hathaway for $2.502 billion in cash consideration. Following MLMIC’s sale, litigation ensued throughout New York State between healthcare providers and their employers or former employers over which of them was […]
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 […]
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, […]
If your Paycheck Protection Program (PPP) lender has informed you that you were not eligible for the PPP loan that you received, you should be aware of the potential consequences of this determination if it goes unchallenged. What’s at Stake? Although this area of PPP law is currently developing and comes with a lot uncertainty, […]
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 […]
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 […]
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 […]
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 […]
The January 2021 New York City annual report of the City’s real property tax base shows expected COVID-related hits across the spectrum. Retail buildings and hotels/motels registered a market value decline of 21.1% and 22.4%, respectively. Office buildings experienced a decline of 15.6% in market values.[1] Although the New York City real estate market differs […]
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