Blog

Small Business Bankruptcy Provisions in the Proposed “Coronavirus Aid, Relief, and Economic Security Act”

March 26, 2020 By: Neil J. Smith

At the time of this writing, the Senate has now passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the bill now awaits final approval by the House of Representatives and the President to be enacted into law. In addition to the well-publicized provisions providing direct financial relief to individuals and making…

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Coronavirus Causes Governor to Toll the Statute of Limitations in New York

March 24, 2020 By: Megan K. Thomas, Stephen T. Helmer

Coronavirus Causes Governor to Toll the Statute of Limitations in New York The Coronavirus is impacting all aspects of our lives, and after an Order issued by Governor Cuomo on March 20, 2020, this includes temporary limitations on which lawsuits can be filed and when.  By way of background, on March 7, 2020, Governor Cuomo…

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NEW YORK PROVIDES FOR ADDITIONAL PAID SICK LEAVE AND OTHER BENEFITS FOR EMPLOYEES UNDER COVID-19 QUARANTINE ORDER

March 20, 2020 By: Christian P. Jones

On March 18, 2020, Governor Cuomo signed into law a statewide Coronavirus response bill that immediately provides for additional paid sick leave, unpaid leave, as well as an expansion of the state’s paid family leave and disability benefits, to certain employees who are “subject to mandatory or precautionary orders of quarantine or isolation” related to COVID-19…

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Federal “Families First Coronavirus Response Act” Signed into Law: What Does it Mean for Employers?

March 19, 2020 By: Christian P. Jones

After a few days of negotiation, the federal “Families First Coronavirus Response Act” (Act) passed the Senate and was signed into law by President Trump late Wednesday.  Of particular importance to employers are provisions related to paid sick leave and paid Family Medical Leave Act (FMLA) leave.  Both provisions will become effective not later than…

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Four Quick Tips For Small Businesses During the Corona Virus Epidemic

March 18, 2020 By: Neil J. Smith

So you’ve followed all the CDC guidelines, obeyed the orders issued by Governor Cuomo, and heeded the advice of my colleague Chris Jones with the same fanatical devotion as a samurai obeying his master.  (https://www.mackenziehughes.com/blog/new-york-provides-for-additional-paid-sick-leave-and-other-benefits-for-employees-under-covid-19-quarantine-order/). But most companies in the US are heavily indebted, and almost all companies’ cash flow will be reduced to a…

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New Legislation and Estate Planning

January 9, 2020 By: Anne B. Ruffer

New Legislation and Estate Planning What is the buzz about the SECURE Act that keeps popping up in news reports, tweets and in your email account?  You are curious to find out but you’ve always been too busy to sit down and read about it. Take a few moments and read on. The SECURE Act…

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Estate Planning Considerations for the year 2020

January 7, 2020 By: Mary Anne Cody

The start of a new year is always a good time to step back and consider estate planning.  A carefully thought out plan is a wonderful legacy for your family. With the turmoil that now exists in our nation’s capital and the national elections which will take place next year, we should carefully consider what…

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New York Law Unmasks Anonymous LLC Ownership of Residential Real Property

November 4, 2019 By: Ian S. Ludd

Anonymous members of LLC’s that own residential real property in New York State may not be able to maintain anonymity much longer. Surprising law makers and real estate professionals alike, a new law is being interpreted to have a far greater reach and impact than previously thought. Senate Bill S1730, signed by Governor Cuomo on…

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Successful Family Business Succession Planning or How to Become a Member of the Henokiens Association

June 30, 2019 By: Mary Anne Cody

A common goal of owners of family-held businesses is for the business to survive for generations to come while still being owned or managed by the family.  The odds do not favor the survival of family businesses to the third generation.  Yet, there are businesses which do survive and survive very well for many generations. …

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What is Mediation, and Why Does it Work?

June 26, 2019 By: Stephen T. Helmer

In recent years, I have developed a busy practice as a mediator, while also continuing to pursue my very active litigation practice.  What is mediation?  It is a voluntary settlement conference, in which the parties to a dispute try to negotiate an agreement resolving their differences, with the assistance of a neutral third-party facilitator, called…

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