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LawMatters – April 2021
This content has been archived. It may no longer be relevant LawMatters – April 2021 Thank you for reading LawMatters. In this month’s edition, Offit Kurman attorneys discuss autodialer restrictions, New York franchising law and more. We also continue to provide our readers with updates about COVID-19 and its affects on the business including information…
The Weekly Scenario: Uncertainty and Opportunity in 2021
Is Now the Time to Make a Substantial Gift? As I reported last week, we may soon see a rollback in the ‘Trump’ tax cuts. Such a roll-back might even be made effective retroactively to January 1, 2021. Most of the changes made by the Tax Cuts and Jobs Act of 2017, as related…
OK at Work: Hiring in a Post-Pandemic World
On this week’s episode of OK at Work, Sarah Sawyer and Russell Berger discuss hiring in a post-pandemic world and what that means for employers. As the world starts to reopen, many companies are looking to hire and some are bringing back employees who may have been laid off or furloughed. Having sound policies and…
Read & Share: Visualizing the Power Consumption of Bitcoin Mining
Cryptocurrencies have been some of the most talked-about assets in recent months, with bitcoin and ether prices reaching record highs. These gains were driven by a flurry of announcements, including increased adoption by businesses and institutions. Lesser known, however, is just how much electricity is required to power the Bitcoin network. To put this into…
Stuart Newman and Tom Pitegoff Featured in the New York Business Law Journal as it Celebrates 25 Years
Stuart Newman and Tom Pitegoff Featured in the New York Business Law Journal as it Celebrates 25 Years The New York Business Law Journal, founded by Offit Kurman Business Law and Transactions Principal, Stuart B. Newman, celebrates its 25th anniversary with its latest publication. Founded in 1996, Mr. Newman’s inspiration behind creating “the journal”- as…
Don’t Ask, Don’t Add?
Should you add or suggest a modification to a contract or lease when it is not to your client’s best interest? No? Never? The answer is Yes and here’s why. Competing Motivations and Goals In the process of negotiating a business transaction, many attorneys are left to ponder why their opposing counsel or his or her client…
The Weekly Scenario: What is a Spendthrift Provision?
One of the best forms of asset protection we can provide is through a trust that contains a spendthrift provision. The general idea behind a spendthrift trust is to prevent certain beneficiaries from receiving their inheritances all at once. The risk is that the ‘spendthrift’ beneficiary will end up blowing through the money in a…
If You Don’t Know About the PRO Act, You Should
The PRO Act, more formally known as the Protecting the Right to Organize Act, passed the United States House of Representatives in March. This legislation has been the talk of political junkies and those involved in advocacy for the construction industry on all sides for some time; but it has moved to the forefront since…
Association Answers: North Carolina Legislature Introduces Bill To Make Virtual HOA Meetings Permanent
During the past 12+ months, most of us have gotten comfortable with conducting HOA board and membership meetings over virtual platforms such as Zoom, GoToMeeting and Microsoft Teams. The authorization for this method of conducting business came from a provision in one of the Governor’s early Covid-related Executive Orders, which has been extended multiple times…
Employing Independent Contractors? Three Tips To Keep in Mind
Independent contractors are an integral part of many businesses. For companies, they provide necessary services with less costs. For the contractor, there is potential flexibility and individual autonomy. That being said, penalties for misclassifying workers are steep and include heavy damages, lawsuits in state and federal court, as well as attorney’s fees. Historically, the line…
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