The Partners of Condon & Forsyth LLP are pleased to announce that Andrew Johnson has been elected Partner in the firm effective January 1, 2020. Andrew represents international airlines, aviation manufacturers, airport service providers, and their insurers in complex litigation. Andrew has handled a wide variety of matters, including business, commercial, product liability, mass tort, bad faith […]
Trade wars have been in the news this year, primarily the imposition of tariffs on the import of products from and to the United States and China. Have the trade wars impacted mergers and acquisitions activity? Companies which import raw materials on which tariffs have been imposed pay more to purchase the materials and companies […]
A large part of any agreement for the purchase and sale of a business relates to indemnification. But what exactly does indemnification mean? In plain English, indemnification means that the seller is required to reimburse the purchaser for its monetary losses, including legal fees, sustained as a result of the seller’s breach of the purchase […]
Restaurants Face Challenges While retail in general faced challenges in 2019, food services faced an extremely difficult period. We expect these challenges to continue into 2020. With a tight labour market, increased competition, rising minimum wages and a strong economy, restaurants continue to be squeezed. For this reason, we expect that landlords will be receiving requests for […]
On January 10, 2020, the U.S. Court of Appeals for the D.C. Circuit affirmed the dismissal of U.S. litigation arising out of the March 8, 2014 disappearance of Malaysia Airlines Flight MH370.1 The MH370 litigation, which encompassed 40 separate actions that had been consolidated by the Judicial Panel on Multidistrict litigation, had been dismissed on […]
The Montreal Convention of 1999, which governs the liability between air carriers and passengers and shippers, includes specific limitations of liability for recovery in cases involving injuries or death of passengers, delay of passengers or cargo, and damage or loss of cargo or baggage. The Convention includes a provision requiring that the limits of liability […]
“The roulette table pays nobody except him that keeps it. Nevertheless, a passion for gaming is common, though a passion for keeping roulette tables is unknown.” So wrote George Bernard Shaw, the Irish playwright and London School of Economics co-founder, over a century ago. Were Shaw alive today, he would make a shrewd mergers and […]
Own a government contracting business? Right now may be the perfect time to sell. Mergers and acquisitions (M&A) activity in the government contracting space has reached new heights. That’s according to the Defense & Government Services Market Intel Report (PDF) released by investment banking firm Raymond James last month. The report shows that earnings before interest, tax, […]
By Deborah E. Riegel, Litigation Member at Rosenberg & Estis, P.C. When the New York State Legislature implemented the HSTPA in June 2019, it predictably enacted dramatic and sweeping changes to not only the Rent Stabilization Law, but to both the Real Property Law and the Real Property Actions and Proceedings Law as well. Those […]
Siskind Summary: A Section by Section Review of S.386 – The Fairness for High-Skilled Immigrants Act of 2019 By Greg SiskindSiskind Susser, [email protected] Section 1. Short Title. The Act is called the “Fairness for High-Skilled Immigrants Act of 2019.” Note: This bill is the companion to HR 1044 in the House which passed in July 2019. […]
There is an open question as to whether a guarantor’s promise to perform obligations other than the payment of the principal’s debts disqualifies the guaranty from the purview of CPLR 3213. This article explores how that question is answered in the Second and First Departments. Litigants suing under a note or guaranty want one thing—their […]
One of my favorite podcasts is How I Built This With Guy Raz. This NPR podcast interviews famous entrepreneurs and business founders from well-known companies across the United States and the world. This immigrant of the day five-part series is brought to you from some of the best episodes featured from the podcast. If you […]