In these times of pandemic, many good people (like essential workers, first responders, and doers of random acts of kindness and charity) continue to help others. Unfortunately, there are those
Continue Reading Rotten Phisherman!
LIBOR (the London Inter-bank Offered Rate) is an interest rate benchmark published by ICE Benchmark Administration Limited that is used as a reference rate for a wide range of financial
Continue Reading LIBOR Floors: Going Up
Jaspan Schlesinger LLP partner Robert Londin will moderate the fourth episode of a five-part webinar series dedicated to private Mergers and Acquisitions transactions. The series spans from early transaction concerns
Continue Reading Jaspan Schlesinger partner Robert Londin to moderate Episode #4 of 2020 M&A Boot Camp Webinar Series
On October 2, 2020, the Small Business Administration (SBA) issued a long awaited Procedural Notice providing guidance with respect to a change of ownership of businesses that borrowed Paycheck Protection
Continue Reading US Small Business Administration Issues Guidance on Change in Ownership of PPP Loan Borrowers
As you are aware, LIBOR (London Interbank Offered Rate) is due to phase out by the end of 2021. Currently, many companies in the United States use LIBOR as a
Continue Reading Is LIBOR Transition On Track for the End of 2021?
Businesses have been hard hit by the COVID-19 pandemic and resulting “shelter in place” orders issued by state officials. Bankruptcy courts have been flooded with large retailer bankruptcy filings. Since
Continue Reading New York Commercial Landlords and Practitioners: Maybe There is Hope That New York Courts Will Not Void Leases in The COVID-19 Era
On September 18, 2020, Governor Cuomo issued an Executive Order extending the toll “that prohibited the initiation of a proceeding or enforcement of an eviction of any commercial tenant for
Continue Reading Governor Extends Toll On Commercial Evictions Due to Non-Payment
The COVID-19 crisis has placed significant pressure on landlords throughout the State. Governor Cuomo and the Courts have issued various stays of enforcing warrants of eviction preventing landlords from evicting
Continue Reading CDC Extends Covid-19 Stay On Residential Evictions
The COVID-19 crisis has placed great pressure on commercial real property taxpayers in Nassau County who already pay some of the highest real property tax rates in the Country.
In
Continue Reading Challenging Commercial Property Taxes on Leased Property in Nassau County
Debtor fails to comply with the terms of his or her contractual obligations. Creditor then sues Debtor for breach of contract and ultimately prevails and obtains a judgment against Debtor.
Continue Reading A Judgment Creditor’s Right To Enforce A Judgment Versus A Judgment Debtor’s Right To Invoke The Privilege Against Self-Incrimination