Divorce and the Alleged Recently Acquired Income Deficiency Syndrome
Divorces, often, result in battles over the amount of family assets and the income and liabilities of the primary monied spouse. In some cases, the bread earner of the family claims that the bread earners income dropped and liabilities increased, thus, leading to less of an ability to pay maintenance
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New York City Ranked 2nd Place on “Judicial Hellhole” List
New York, failing just behind Pennsylvania and just above California ranked 2nd Place on the Judicial Hellhole List for 2020. The Judicial Hellhole List is a ranking by the American Tort Reform Foundation. The full report may be found at: ATR Foundation’s Judicial Hellhole List. While, not all lawyers of
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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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Challenges to Succeeding in Business in New York City
Life and work in the Big Apple isn’t all wine and roses for business owners in 2020, however, New York remains, still, one of the more attractive locations for entrepreneurs, business owners and investors looking to build a footprint in the United States. From Lady Liberty to Central Park, there’s
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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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Raising Venture Capital for your Startup or Small Business
Even during a pandemic, the appeal of being your own boss or an entrepreneur never loses its luster. The United States, Asia and other markets have proven to be exciting and happy hunting grounds for companies to explore new funding opportunities, and the COVID-19 shutdown has presented plenty of opportunities
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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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Eviction Moratorium on Commercial & Residential Rents set to continue in New York until 2021
The Big Apple continues to present new opportunities to both new entrepreneurs entering the market and the established players who continue to call New York City home. No one is denying that we are all doing it tough. Commercial tenants have been put through the wringer with mandatory enforced business
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