Simply owning property in New York City likely means that, at some point – more than once – a neighbor will need to access your property to protect it during development or maintenance work taking place at its adjacent property…
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/ Construction Law, Real Estate - Residential, Zoning, Planning & Land Use
Effective January 1, 2024, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) required certain newly formed and pre-existing entities to submit information regarding their beneficial owners and…
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/ Business Organizations, Finance & Banking, Taxation
Major changes hit the U.S. housing market this past month that may lead to lower housing prices across the nation. These changes stem from a settlement agreement entered into by the National Association of Realtors (“NAR”),…
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/ Antitrust & Trade Regulation, Consumer Protection, Real Estate - Residential
On August 23, 2024, in Restaurant Law Center v. U.S. Department of Labor, the U.S. Court of Appeals for the Fifth Circuit vacated the U.S. Department of Labor’s (“DOL”) December 2021 final rule that had set strict limits on the…
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/ Labor & Employment Law
On August 20, 2024, in Ryan LLC v. Federal Trade Commission, Judge Ada Brown of the U.S. District Court for the Northern District of Texas barred the Federal Trade Commission’s (“FTC”) Non-Compete Rule (the “Rule”) from taking…
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/ Antitrust & Trade Regulation, Civil Procedure, Labor & Employment Law
On July 26, 2024, the IRS announced that they are in the final stages of reopening the Employee Retention Credit (ERC) Voluntary Disclosure Program. The ERC is a credit that was available to certain eligible employers against…
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/ Labor & Employment Law, Taxation
On July 23, 2024, the U.S. District Court for the Eastern District of Pennsylvania considered another challenge to the Federal Trade Commission’s (“FTC”) Non-Compete Rule (the “Rule”) banning the vast majority of non-compete…
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/ Administrative Law, Antitrust & Trade Regulation, Labor & Employment Law
In a recent unpublished decision, the New Jersey Appellate Division considered whether employers are required to reimburse employees for business related expenses under the New Jersey Wage Payment Law (“NJWPL”) in Sands v. Board…
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/ Labor & Employment Law
On July 3, 2024, in Ryan LLC v. Federal Trade Commission, Judge Ada Brown of the U.S. District Court for the Northern District of Texas issued a preliminary injunction against the enforcement of the Federal Trade Commission’s…
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/ Civil Procedure, Labor & Employment Law
Almost all decision makers at companies can agree that having the right people for the job is paramount to running a successful operation. Many of these decisionmakers believe that having a robust and legally compliant DEI…
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/ Labor & Employment Law
On June 5, 2024, a three judge panel of the U.S. Fifth Circuit Court of Appeals unanimously struck down the Securities and Exchange Commission’s (“SEC”) final rule, which created onerous restrictions for managers of private…
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/ Finance & Banking, Securities Law
A recent decision by the Delaware Court of Chancery, W. Palm Beach Firefighters’ Pension Fund v. Moelis & Co. (“Moelis”), held corporate shareholder agreements are invalid if they impose certain restrictions on the Company’s…
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/ Commercial Law & Contracts, Finance & Banking
On April 25, 2024, Maryland joined the growing trend of legislatures and governmental agencies restricting the enforceability of non-compete agreements by enacting H.B. No. 1388, which prohibits non-compete agreements for…
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/ Antitrust & Trade Regulation, Health, Labor & Employment Law
The New Jersey Supreme Court recently held that an agreement between a real estate salesperson (i.e., a realtor) and a real estate broker designating the salesperson as an independent contractor is dispositive in determining…
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/ Business Organizations, Civil Procedure, Labor & Employment Law, Real Estate - Residential
New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified laws…
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/ Real Estate - Commercial, Taxation, Zoning, Planning & Land Use
