Client Alerts

  • Tuesday, December 11, 2018

    Corporate Client Alert: Welcome to the “No Tax” Zone

    Would you be interested if we told you there was a way to significantly reduce, or in certain cases entirely eliminate, your obligation to pay taxes on certain qualifying capital gains? If so, we would suggest you take a minute to learn about Qualified Opportunity Zone Funds (“QOF(s)”)—a new investment vehicle created by the Tax Cut and Jobs Act in order to spur economicMore »

  • Tuesday, November 6, 2018

    New York Court of Appeals Invalidates Department of Health Executive Compensation Limitation

    Not-for-Profit Client Alert

  • Thursday, October 4, 2018

    New York State Issues Final Guidance Concerning Sexual Harassment in the Workplace

    As we wrote here in July 2018, New York State enacted a sweeping set of laws aimed at curbing sexual harassment in the workplace.  Two of the most prominent pieces of the legislation required employers to adopt a compliant sexual harassment policy and provide annual sexual harassment training to all employees. 

  • Friday, July 6, 2018

    New York State’s Overhaul of Laws Concerning Sexual Harassment in the Workplace Causes Employers to Reconsider Workplace Policies and Employment Contracts

    As a part of the state budget process, New York has recently enacted new and sweeping changes to the laws surrounding sexual harassment in the workplace. The changes concern both the public and private sector and obligations of New York employers relative to sexual harassment, including content of policies, training and agreements with current and prospective employees. In addition, employers canMore »

  • Monday, June 18, 2018

    Nurse Practitioner License Suspended Following HIPAA Breach

    Doctors, dentists, advance practice providers, and their respective practices should take note of a recent professional discipline ruling in which a nurse practitioner's license to practice in New York State was suspended following a HIPAA breach she caused in 2015 when she disclosed information about former patients to her new employer.

  • Wednesday, May 30, 2018

    Healthcare Client Alert: 340B Drug Pricing Program

    Yesterday, a representative from HHS testified in front of the Senate Committee on Health, Education, Labor, and Pensions regarding the oversight of the 340B Drug Pricing Program.

  • Wednesday, March 28, 2018

    New York Regulators Focus on Fraud and Market Manipulation for Virtual Currency Businesses

    On February 7, 2018, the New York State Department of Financial Services (“DFS”) issued guidance for entities with a Bit License or those handling virtual currency that are chartered as limited purpose trust companies under New York’s Banking Law. The guidance focuses on fraud detection and prevention of market manipulation of virtual currency pricing and essentially amplifiesMore »

  • Tuesday, April 18, 2017

    New York Not-for-Profit Corporation Law: 2016 Amendments

    On November 28, 2016, Governor Cuomo signed into law amendments to the New York Not-For-Profit Corporation Law (the "NPCL") that will become effective May 27, 2017 (the "Amendments").  The Amendments build upon the 2015 amendments to the Nonprofit Revitalization Act that Governor Cuomo signed into law in 2013 and generally improve and clarify certain NPCL terms, particularly with respect toMore »

  • Monday, March 6, 2017

    New York's New Cybersecurity Requirements For Financial Services Companies

    On September 13, 2016, New York State proposed new cybersecurity requirements for banks, insurance companies, and financial service businesses regulated by the New York State Department of Financial Services ("DFS"). The regulations were amended based on public comments and went into effect on March 1, 2017. The regulations are a response to threats posed to information and financial systems byMore »

  • Wednesday, March 1, 2017

    Employers Should Revisit How They Draft and Present Certain Provisions in Their Employment Agreements

    Employers should revisit their practices in drafting and presenting restrictive covenants in employment agreements in light of actions by Congress and New York State courts. In 2016, the Defend Trade Secrets Act (DTSA) took effect and created a federal cause of action for the protection of trade secrets.  On a state level, the Supreme Court in Erie County refused to partially enforce aMore »