Register NOW for our November 16th, Cooperator Town Hall Event at 2:00pm EST. Led by Kenneth R. Jacobs and A.J. Morgenstern.
Shareholders and unit owners often seek to transfer ownership of their apartments to Revocable Living Trusts, Medicaid Trusts, Family Limited Liability Companies and other artificial entities in order to avoid probate and reduce their tax liability. These requests can create challenges for boards – including protecting the association’s ability to enforce its governing documents, avoiding under-the-radar transfers, and maintaining a sense of community in the building. This panel of experts will discuss the legal and procedural implications of these transfers, when co-ops and condos should permit owners to make them, and how to protect boards and residents from the unique issues created by non-individual ownership.
To register for the webinar, Visit Cooperator.Com
This program is presented by The Cooperator New York.
Registration is required.
Jacob Amir has been appointed Co-Chair of the Construction Law Committee of the Westchester Bar Association. The Committee members are engaged in some of the largest and most advanced public and private development projects in the County and around New York State.
Eric Blaha, Jeffrey Buss, Kenneth Jacobs, Mark Manewitz & Thomas Smith have each been selected to the 2020 New York Metro Super Lawyers list. Each year, no more than five percent of the lawyers in the state are selected by the research team at Super Lawyers to receive this honor.
Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates and peer reviews by practice area. The result is a credible, comprehensive and diverse listing of exceptional attorneys.
The owner alleged that our client engaged in fraud and misrepresentation when he certified the accuracy of payment requisitions which the owner claimed were false due to non-performance and non-payments to subcontractors. The Court adopted Jacob’s arguments that the principal could not be held personally liable for the claims alleged, and granted dismissal of the entire complaint.
Register NOW for our June 29th, Cooperator Town Hall Event at 2:00pm EST. Led by Kenneth R. Jacobs, Emanuela Lupu-Ferrante, and Jennifer L. Stewart.
Overview: The New York State legislature amended several important laws affecting co-ops and condos in the last two days of its session. Several new federal and local laws will also have a major impact on co-op and condo communities. Boards across the city and state have some pressing questions: Does marijuana legalization affect smoking policies? What are the implications of the new co-op exemptions from the Tenant Protection Act? How should boards address updated COVID requirements for employees? How do NYC’s enhanced lead paint testing protocols affect owners? Our partners will explain the implications of these and other recent changes, and offer valuable insights into how they may impact community governance and management.
To register for the webinar, visit cooperator.com
This program is presented by The Cooperator New York.
Registration is required.
Charles Welcome joins a group of panelists on Thursday, December 10th at 3:00 pm to present an in-depth analysis of the recent trends and developments in trade secrets. Speakers will offer the best practices to effectively identify and mitigate potential loopholes and protect trade secrets from risks of theft. They will also provide the audience with practical knowledge on how to secure a company’s valuable information.
Register HERE, registration is FREE for the first 30 registrants courtesy of Smith Buss & Jacobs, LLP.
Discount Code: SMITH149107
View Invite HERE
Eric Blaha, Jeffrey Buss, Kenneth Jacobs & Thomas Smith have each been selected to the 2020 New York Metro Super Lawyers list. Each year, no more than five percent of the lawyers in the state are selected by the research team at Super Lawyers to receive this honor.
In addition, Associate, Charles Welcome has been named to the 2020 New York Metro Rising Stars List. This is an exclusive list, recognizing no more than 2.5 percent of the lawyers in the state.
Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates and peer reviews by practice area. The result is a credible, comprehensive and diverse listing of exceptional attorneys.
Register HERE to join Nancy Durand, Special Counsel on Wednesday, October 14, 2020 at 12pm as she presents in the webinar sponsored by New York Council of Nonprofits Inc.
“Join NYCON corporate ally, Smith Buss & Jacobs as they guide us through the best practices to avoid fiduciary duty liability. In this webinar they will cover what directors’ duties are, some recent cases illustrating conduct that constitutes a break of fiduciary duty, including consequences for breach, and best practices for avoiding breach of fiduciary duty claims.”
Registration is required, free for NYCON members.
For more information contact:
Nancy Durand
ndurand@sbjlaw.com
Being a board member of a nonprofit entity is an awesome responsibility undertaken by volunteers (often with other full-time commitments) who are driven by a desire to contribute meaningfully to their community, industry, or society at large. Whether you serve on the board of a nonprofit corporation, foundation, or housing entity, you are a fiduciary who has been entrusted with the care and management of an organization that serves an important purpose. With that trust comes the responsibility to remain actively engaged in the business of the organization and to make informed decisions in the best interest of the organization.
Over the next few months, Special Counsel, Nancy Durand, will be presenting a five-part board governance series called “How to Build an Effective Board of Directors,” comprised of articles designed to help boards function more effectively, in compliance with directors’ fiduciary responsibilities. The following summarizes each part of the series:
- Part I, “Know Your Role,” will discuss the role of the board of directors as compared with the role of management or staff and the pitfalls of board micromanagement.
- Part II, “If it Can Wait, Delegate,” will discuss the best practices for using committees effectively for oversight, accountability and information gathering, making more effective use of regular board meetings.
- Part III, “Handling Conflicts of Interest,” will explain what constitutes a conflict of interest, when related party transactions are permissible, the components of a conflict of interest policy, and best practices for handling conflict of interest situations.
- Part IV, “Board Synergy,” will explore the impact of social or political dynamics on the role of the board, including the legal impact of operating without mutual respect, trust, or candor among board members or between the board and management or staff.
- Finally, Part V, “Self-Reflection,” will discuss the importance of board evaluations in building an effective board, while summarizing the prior parts in the series.
Nancy Durand is currently our Featured Attorney. Nancy draws on her prior experiences in-house and at a major multinational law firm to provide clients with strategic, practical and cost-efficient solutions to complex problems. Her solution-driven practice focuses on helping her clients to resolve legal disputes and minimize risk.
Learn more about Nancy’s practice at sbjlaw.com
