Business Divorce Resolutions
Most business divorce lawsuits do not end with a dramatic trial and a judge pounding a gavel. Rather, they typically end through a settlement reached […]
Pathways For Dissolution
New York’s Business Corporation Law (“BCL”) governs the formal process of ending a corporation’s legal existence – i.e., dissolution. Whether initiated voluntarily, compelled by deadlock, […]
The Importance Of An Early Assessment Of Issues That Commonly Give Rise To Disputes Among Shareholders
Disputes between and among shareholders or members of closely-held corporations (often referred to as internecine disputes) are almost inevitable during the lifetime of a corporation. […]
Top 5 Reasons For A Business Divorce
Courts are seeing a proliferation of disputes between owners of closely held companies. While these relationships often begin healthily, fueled by optimism and financial success, […]
What Owners/Operators Of Retail Businesses Need To Know In Order To Lawfully Open Their Doors For Curbside/In-Store Pickup Business Activities
On March 20, Governor Cuomo issued Executive Order 202.6 which directed all non-essential businesses to close. On April 26, 2020, the Governor announced a “phased” […]
No Tax Deduction For Expenses Paid With Forgiven PPP Funds
While the IRS rules that otherwise deductible expenses are not deductible, Congress discusses a legislative fix. The Internal Revenue Service (IRS) has issued Notice 2020-32, […]
Federal Stimulus Bill Amends Bankruptcy Code Provisions To Allow Greater Access To Bankruptcy Relief For Individuals & Small Businesses Impacted By COVID-19
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) which legislation, among other things, gives […]
Corporate & Securities Considerations For Companies Impacted By COVID-19
As the Coronavirus (COVID-19) outbreak spreads and the human toll surges, the business world faces profound and unprecedented challenges. Although the ultimate economic impact of […]