Violation of Non-Disclosure Agreements: The Lessons from a Tell-All Book on Melania Trump

Good or bad publicity is still free press after all. And many PR professionals accept any form of publicity surrounding a book launch at no extra fee as it can spread like wildfire to readers and even non-readers alike with minimal effort. This exactly is what happened with the launch

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Challenges to Starting a Business in New York City

New York City offers entrepreneurs access to a market with consumers with high disposable income and where investors and lenders are ready to assist entrepreneurs who wish to start or grow their businesses in the Big Apple. However, that doesn’t mean that starting a business in New York is a

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Executing a Power of Attorney in New York?

Power of attorneys are necessary, in many cases, for individuals or businesses wishing to conduct business via a third party. Under § 5-1501 of New York General Obligations Law, a Power of Attorney is “a written document, other than a document referred to in section 5-1501C, by which a principal

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Protection of Private Information in New York: SHIELD Act of New York

In this digital world, there’s one thing that we cannot live without – the Internet. As we are aware, the Internet became an even more important part of our lives during the Covid-19 Pandemic. Negatives go hand-and-hand with the benefits of the Internet. As we are aware, hackers are actively

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Recognition and Enforcement of Foreign Arbitral Awards in New York Courts

The United States is a contracting state to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards of the United Nations Commission on International Trade Law (“Foreign Arbitral Awards Convention”). This New York law blog post details the steps necessary to recognize and enforce a foreign arbitral award

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Intestate Succession in New York: Dying without a Last Will and Testament in NY

In a previous article, we emphasized the importance of writing a “Last Will and Testament” and how a will helps protect your loved ones and allows you to determine what happens to your property after you pass. Under New York Law, when a person dies without a will, the Rules

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New Public Charge Rule Rescinded: How it Affects your Green Card Application?

A U.S. Federal Court in Illinois issued a decision rescinding the new Public Charge Rule of the Department of Homeland Security on November 2, 2020. The implementation by the U.S. Citizenship and Immigration Services (“USCIS”) of the new Public Charge Rule is halted. Thus, this Rescinded Public Charge Rule shall

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Protecting Trade Secrets under New York Law: NY Trade Secret Law Basics

Protecting Trade Secrets, in many cases, may be the difference between success and failure of your business in New York. The post shall detail the basics of New York Trade Secret Law. The New York Court System has not adopted the Uniform Trade Secrets Act (“UTSA”), but has common law

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NY’s Rent Stabilization Law Deemed Constitutional in Eastern District Court of New York

In a hit to landlords in New York, a judge in the Eastern District Court of New York dismissed the claims of landlords challenging a newly implemented rent stabilization law in NY. A prior article on this matter can be found at: NYC Landlords Sue to Overturn Second Year of

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Investment in Distressed Assets in New York: Purchasing an Asset in Bankruptcy or via a UCC Foreclosure

Opportunities are increasingly emerging in New York for the purchase of distressed assets. Opportunities abound in commercial real estate, residential real estate, retail, manufacturing, franchising, distribution and food & beverage. Many of these distressed assets shall hit bankruptcy courts or shall be sold under the UCC. Opportunities are, immediately, available

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Doing Business in New York: Listen to My Old Italian Mother to Succeed in Business in New York

New York is a great place to do business, however, those that do not follow my mother’s advice may end up lost in the forest or eaten by a shark. Listen to my mother and you shall be on your first step to a successful business in New York. If

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New York Lawyer Sean Hayes is Ranked a Top Attorney by Avvo for 2020

Hayes & Simon is proud to announce that Sean Hayes, a partner at Hayes & Simon, received the highest rating from AVVO.  AVVO is a leading attorney rating service and question & answer site.  Sean received the highest rating for his work in International Law. Sean is ranked a top

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Selling Goods and Services to the NY Government: NY Procurement Law Basics

Opportunities abound for creative and street-smart business to sell services, goods, commodities and technology to NY agencies and municipalities. While, the myriad of laws and regulations seem overwhelming, with a local business-savvy street-smart guide, doing business with the New York State, New York City and other municipalities can be rewarding

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Cease and Desist Letters are an Efficient Means of Resolving Many Disputes

If you or your business is a victim of trademark infringement, copyright infringement, harassment, breach of contract or another harm, in many cases, a cease & desist letter drafted and sent by a law firm can help in resolving the matter in an amicable manner and with little cost. We

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U.S. Mail-in Voting Law: How to Vote in New York

New York is among one of the states in the U.S. which allows mail-in voting in accordance with N.Y. Election Law Section 5-210 (3). And for the upcoming U.S. Presidential Election, voters may actually want to consider mail-in voting as it may provide a safer way to cast votes in

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Proposed Amendments to New York Antitrust Law

The Donnelly Act, which is New York’s main antitrust law, was written in 1899 and codified in §340-§347 of New York’s General Business Law. It is time for this act to be updated. Anti-trust/Competition Law in New York has not kept up with the times. Prohibited Acts under New York’s

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Basics of Cryptocurrency Law in New York

As we’ve mentioned in our other Korean Law Blog, virtual currency or more popularly known as cryptocurrency is a digital representation of value that can be digitally traded or transferred. When holders are using these virtual currencies the transactions are completed via Blockchains (decentralized databases). For article on virtual currency

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Reverse Merger Compliance & Disclosure Requirements: SEC Compliance Basics

In a prior article, we discussed the basics of Reverse Mergers (also referred to as reverse takeover “RTO,” reverse IPO, or a backdoor listing). And as mentioned in this post, in a reverse merger investors, typically, of a privately-held company acquire a majority of the shares of a publicly-held company,

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Invalidation of Prenuptial Agreements in New York Leads to Equitable Division of Marital Property

In our previous article, we tackled the importance of engaging the service of an experienced New York lawyer in the drafting and execution of the prenuptial agreement. A prenuptial agreement may be a agreement that will not, only, save you money, but can also save your business. In this prior

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How Businesses can Mitigate Covid-19/Coronavirus Risks?

Numerous F & B, Accommodation and General Services business are facing dire predicaments because of Coronavirus-related restrictions on business and the state of the U.S. economy. Now business owners are facing the fear that these businesses may be sued by patrons or employees for the alleged contraction of Covid-19 at

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