Getting a Loan for an LLC: Pledging a Membership Interest
Today, businesses are increasingly choosing to be organized as limited liability companies (LLCs). Consequently, business lenders often require, before granting a loan,... Read More
Senior Partner Irwin Rochman Judges for the Law School Regional Moot Court Competition
TRR Senior Partner Irwin Rochman recently took an evening out of his busy schedule to judge the New York City Bar Association... Read More
U.S. Supreme Court to review cap on individual campaign contributions in Federal elections
The U.S. Supreme Court has scheduled oral argument for next Tuesday, October 8th to hear argument on the issue of the constitutionality of... Read More
Appellate Division Finds that Illinois Law Applies in Business’ Declaratory Action for Liability Insurance Coverage
Obtaining insurance coverage for legal liabilities can sometimes be a challenge. A recent opinion from the New York State Supreme Court, Appellate... Read More
Appellate Division Determines that Chapter of Not-for-Profit Corporation, Seeking to be Declared a Separate Entity, has Standing and Capacity to Sue the Not-for-Profit Corporation
By Lewis Tesser and Timothy Nolen A recent decision from the Appellate Division, Third Department, demonstrates a fundamental issue in any litigation:... Read More
Supreme Court Allows Cause of Action Concerning Oral Sales Contract to Proceed
A recent decision from the Supreme Court, New York County, demonstrates how courts can handle oral contracts between business people. The case... Read More
Southern District Dismisses Securities Fraud Suit for Insufficient Pleadings
A recent decision from the United States District Court for the Southern District of New York demonstrates the strict pleading requirements for... Read More
Federal District Court finds that Agency’s Denial of Disadvantaged Business Enterprise Certification was not Arbitrary and Capricious
Certification as a Disadvantaged, Women, or Minority-Owned Business Enterprise can have a substantial impact on a business’ operations and bottom-line. A recent... Read More
New York County Supreme Court Dismisses Article 78 Proceeding for Failure to Exhaust Administrative Remedies
By Lewis Tesser and Timothy Nolen Article 78 proceedings provide litigants a means of challenging administrative agencies’ determinations. A recent opinion from... Read More
New York Southern District Judge Awards Legal Fees in Amount Equal to Damages in FLSA Case
By Anand A. Patel, Esq. In a decision that may have significant impact on claims brought by employees pursuant to the Fair... Read More