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Member Articles


Federal Reserve and Treasury Announce New and Expanded Lending Programs to Bolster the U.S. Economy

Authors: Andrew C. Gold, Eric A. Stabler and Patrick J. O'Sullivan, Jr. On April 9, 2020, pursuant to Section 13(3) of the Federal Reserve Act, the Federal Reserve and Treasury announced initiatives to provide $2.3 bill ...

Contemplating Litigation Alternatives During a Pandemic

Author: Ronald J. Levine With the Coronavirus pandemic, the entire world is suffering tremendous personal and economic stress and harm. Many are not only experiencing a form of grief for the impact on their lives, they ...

Corporate Governance Considerations and Challenges in Response to COVID-19

Authors: Morris F. DeFeo and Samuel A. Lifton In response to the growing concern of COVID-19 (coronavirus), Boards of Directors must act quickly to respond to the constantly changing corporate landscape and to the gove ...

CARES Act Fixes Drafting Error Regarding Qualified Improvement Property

Authors: Louis Tuchman and Peter Franklin The $2.2 Trillion Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) that was signed into law by President Trump on March 27, 2020 includes a number of ta ...

Potential Implications of Proposed Mezzanine Tax: Consequences for Lenders and Developers

Authors: Meghan O’Reilly and Rachel M. Orbach On January 13, 2020, Senator Julia Salazar and Assembly Member Harvey Epstein introduced a new bill in the New York State Legislature that proposes to require the payment ...

Climate Mobilization Act Update: Mayor de Blasio and City Council Speaker Johnson Announce Appointees to Climate Advisory Board

Recently, Mayor Bill de Blasio and City Council Speaker Corey Johnson announced the appointment of a 15-member Climate Advisory Board to assess and make recommendations on various components of the implementation and enf ...

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