New York state lawmakers are debating legislation that would give motorists insurance coverage to transport passengers booking trips on ridesharing companies around New York state. Uber and Lyft, both of whom have seen great success in New York City, have been lobbying Albany to expand their services into upstate New
Continue readingCategory: NY Legal News
New York May Make Airbnb Short-Term Rentals Illegal: New York Rental Law Updates
New York may pass legislation by the end of the week making it illegal for New Yorkers to list short-term rentals on Airbnb. In a rare show of bipartisan support, a bill to ban Airbnb-style posts for short-term sublets could get floor votes on the floors of the New York
Continue readingDefinition of a Franchise in New York State: New York Franchise Law Basics
New York has a broad definition of a franchise, thus, leading to a broad range of mere “licensing” and “agent/distributor” relationships as franchises. Any business organization that is deemed or may be deemed a franchise by the State of New York should, immediately, retain a New York-based franchise attorney with
Continue readingA Chapter 11 Bankruptcy May Save Your NY Business: New York Bankruptcy Law
With news that Gawker is filing for Chapter 11 bankruptcy protection after losing a $140 million dollar judgment to Hulk Hogan for defamation, now is a good time to introduce New York businesses to what a Chapter 11 bankruptcy is, and how it may save your NY business. Chapter 11
Continue readingWill New Yorkers Be Playing Fantasy Sports This Summer? New York Gambling Law Update
When two of the largest commercial fantasy sports gaming companies, FanDuel and DraftKings, were sued by the State of New York and subsequently agreed to voluntarily stop taking money from New York participants, the companies did so with the understanding that lawmakers in Albany would pass legislation on the issue
Continue readingAre NYC Rent-Controlled Tenants Using AirBnB Breaching Their Leases?
AirBnB may be an answer to homeowners and property owners looking to supplement income, but if you are a New York City landlord of a rent-controlled property – beware! Your tenants may be breaking the law! For the uninitiated, AirBnB is an online marketplace where prospective guests look for a bed
Continue readingBeating Summary Judgment in a New York Court: NY Litigation Basics
Here is a perfect example of how a skilled and proactive New York attorney can use proactive strategy to resolve a dispute in a New York court. When you have more than one potential defendants, you can pit one against the other to maximize your position and prevail in a
Continue readingOngoing Investigation in New York into the NY’s P2P Lending Industry
New York is investigating whether peer-to-peer lenders are required to be licensed to operate in the state of New York. Peer-to-peer lending, sometimes abbreviated P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers. Since these peer-to-peer lending companies
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