Cullen and Dykman LLP

100 Quentin Roosevelt Blvd  Garden City, NY 11530, United States

  • 516-357-3700
  • 516-296-9155

Maximum Flood Insurance Available For Multi-Family Residential Buildings With Five Or More Units Increases To $500,000 As Of June 1, 2014

The maximum amount of flood insurance available under the National Flood Insurance Program (“NFIP”) for multi-family residential buildings with five or more units will increase from $250,000 to $500,000 effective as of June 1,…more
| Finance & Banking, Insurance, Real Estate - Residential

New IRS Guidance For Calculation Of Hours Worked By Adjunct Faculty And Student Employees Under The Affordable Care Act

This week, the Internal Revenue Service released new regulations that provide guidance to college and university administrators that helps to clarify the application of the Affordable Care Act (“Act”) to adjunct faculty and…more
| Education, Labor & Employment Law, Health, Taxation

Enforcing “Bad Boy” Guaranties When The Borrower Files For Bankruptcy Protection

Have you ever gone through an entire foreclosure action only to have the borrower, usually a special purpose entity, file for bankruptcy protection on the eve of sale? If you have - and what lender hasn’t? - you know how…more
| Bankruptcy, Civil Remedies, Commercial Law & Contracts, Finance & Banking, Real Estate - Residential

CFPB Announces Availability Of Revised Publications To Be Provided By Lenders To Mortgage Applicants

The Consumer Financial Protection Bureau (“CFPB”) has announced the availability of three revised consumer publications that mortgage lenders are required to provide to applicants for certain residential mortgage loans. The…more
| Finance & Banking, Consumer Protection, Real Estate - Residential

What You Need To Know About The Non-Profit Revitalization Act Of 2013

What is the Non-Profit Revitalization Act of 2013? On December 18, 2013, Governor Andrew M. Cuomo signed into law the Non-Profit Revitalization Act of 2013 (the “Act”). The Act signifies the first substantial overhaul of…more
| Business Organizations, Nonprofit Law

FFIEC Releases Final Guidance For Financial Institutions Using Social Media

The Federal Financial Institutions Examination Council (the “FFIEC”) has released final guidance addressing the applicability of federal consumer protection and compliance laws, regulations, and policies to activities conducted…more
| Communications & Media Law, Finance & Banking, Science, Computers, & Technology

Southern District Rules: Unpaid Interns Are Not Eligible To Assert NY Sexual Harassment Protections

In October of 2013, the Southern District of New York dismissed an intern’s claim for sexual harassment brought under New York State Human Rights Law and New York City Human Rights Law on the grounds that the state law…more
| Civil Rights, Labor & Employment Law

Supreme Court Hears Second Affirmative Action Case This Year

On October 15, only four months after the United States Supreme Court heard arguments regarding an affirmative action program for the University of Texas, the Supreme Court heard oral argument in Schuette v. Coalition to Defend…more
| Civil Procedure, Civil Rights, Constitutional Law, Education, Labor & Employment Law

Wage Exemption Amount For Restraining Notices And Levies Under New York State Law To Increase To $1,920 As Of December 31, 2013

Under New York’s Exempt Income Protection Act (“EIPA”), certain funds in deposit accounts are exempt from most restraining notices and levies. One exemption under the EIPA is for an amount deemed to be protected wages, with the…more
| Civil Procedure, Labor & Employment Law, Finance & Banking

IRS Adopts Final Regulations On Reporting Mortgage Insurance Premium Payments

The Internal Revenue Service (“IRS”) has issued final regulations requiring financial institutions and other persons who receive mortgage insurance premiums aggregating $600 or more during calendar year 2013 to report such…more
| Finance & Banking, Real Estate - Residential, Taxation

IRS Issues Updated Form W-9 To Comply With FATCA

The IRS recently released a revised Form W-9 Request for Taxpayer Identification Number and Certification and its instructions. Although the IRS did not provide a time period for implementing the new Form W-9, financial…more
| Finance & Banking, International Law & Trade, Taxation

Legislative Update: Senate Moves To Approve The Employment Non-Discrimination Act

On November 4, the United States Senate in a 61-30 vote moved to continue debate on the passage of the Employment Non-Discrimination Act (“ENDA” or the “Act”). The ENDA seeks to ban workplace bias against individuals based on…more
| Civil Rights, Constitutional Law, Elections & Politics, Labor & Employment Law

Australia’s High Court Denies Employee Worker’s Compensation Claim For Sex Injury

Ruling in a 4-2 decision[1], the Australian High Court denied a government employee worker’s compensation claim for an injury the employee sustained while having sex in a motel room during a business trip. The female…more
| Administrative Law, Labor & Employment Law, Personal Injury, Worker’s Compensation, Insurance

OCC Issues Updated Risk Management Guidance On Third-Party Relationships

The Office of the Comptroller of the Currency (“OCC”) has revised its risk management guidance on third-party relationships, advising banks to adopt risk management processes that provide more comprehensive oversight and…more
| Commercial Law & Contracts, Finance & Banking

California School District Enacts Social Media Surveillance To Counter Cyber Bullying

In response to a series of cyber bullying related teen suicides that took place in Los Angeles last year, the Southern California school district has decided to employ a social media monitoring service enabling the school to…more
| Communications & Media Law, Education, Privacy
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Areas of Practice
  • Alternative Dispute Resolution (ADR)
  • Bankruptcy
  • Commercial Law & Contracts
  • Construction Law
  • Debtor/Creditor
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  • Family Law
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  • Intellectual Property
  • Labor & Employment Law
  • Litigation
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  • Science, Computers, & Tech
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  • Wills, Trusts, & Estate Planning
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Other U.S. Locations
  • D.C.
  • New Jersey
  • New York
Number of Attorneys

100+ Attorneys

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