by Gary Nissenbaum | Jul 10, 2012 | Business Formation & Sales Law Blog
New York has a statute that anyone starting a nonprofit should read. It is located at NY. NPC. Law Section 405. The statute states, among other things, that a certificate of incorporation must be filed with the New York Department of State. Thereafter, the...
by Gary Nissenbaum | Jul 10, 2012 | Business Formation & Sales Law Blog
In The Provident Bank v. Charles Bonnici, No. A-1586-11T1 (N.J. Super. Ct. App. Div. 2012), the Appellate Division of the Superior Court of New Jersey considered the issue of what is a reasonable manner to sell collateral to satisfy a debt.In that case, the debtor had...
by Gary Nissenbaum | Jul 10, 2012 | Construction & Commercial Real Estate Law Blog
What constitutes a “pay-if-paid” construction contract clause? The United States Court of Appeals for the Third Circuit recently addressed this question in Sloan v. Liberty Mutual Insurance Company, 653 F.3d 175 (3d Cir. 2011).That case involved a waterfront...
by Gary Nissenbaum | Jul 10, 2012 | Business Lawsuit Blog
Who should be to blame when a person wrongfully and seamlessly misappropriates the assets of another? The Supreme Court in New York County, New York recently addressed this question in Tripp & Co., Inc. v. Bank of New York, 911 N.Y.S.2d 696 (N.Y. County 2010)....
by Gary Nissenbaum | Jul 10, 2012 | Internet Law Blog
Appropriation art, which involves an artist purposefully copying the work of another, has become a popular art form. But is it legal? The United States District Court for the Southern District of New York recently faced that question and determined whether...
