News

Overview of the Restaurant Revitalization Fund

Restaurant Revitalization Fund
May 11, 2021
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An overview of the Restaurant Revitalization Fund (“RRF”), which provides funds to help restaurants and other eligible businesses impacted by COVID-19.

New York Legalizes Cannabis: An Overview of the MRTA

An overview of New York’s Marihuana Regulation and Taxation Act (“MRTA”), which decriminalized the possession of marijuana and legalized the possession, growth, and sale of cannabis in New York State, including for recreational purposes.

NFTs for Content Creators, Licensees and Copyright Holders

Fluency in the field of cryptocurrency, blockchain technology and NFTs is now a necessity to the savvy intellectual property owner or advisor.

IP and Non-Fungibility: The Intersection of Intellectual Property and NFTs

Intellectual Property
March 15, 2021
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Artists and brand owners that are seeking to participate in the NFT craze should do so carefully, and as always, be mindful of their risks when it comes to ownership of their intellectual property.

Uniform Partition of Heirs Property Act Partition by Sale in New York State

Pursuant to the UPHPA, under any action to partition real property, a court is now required to determine whether the property is “heirs property,” as defined by the UPHPA. If the court determines that the property is heirs property, then a court shall partition the property in accordance with the UPHPA.

The Basics of the Uniform Partition of Heirs Property Act in New York

The law concerning partitioning a property in New York changed as of December 2019 when New York enacted the Uniform Partition of Heirs Property Act (“UPHPA”). The UPHPA seeks to protect owners who have recently inherited real property from an estate. It does so by mandating a settlement conference before any heirs property can be partitioned, and requires that the parties to that conference act in good faith.

Estate Planning for Unmarried Partners: Tips, Tricks, and What to Avoid

Inherited Property
March 9, 2021
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In a recent study by the Pew Research Center, fifty-nine percent of adults between the ages of eighteen and forty-four claimed to have lived with an unmarried partner at some point in their lives…. Accordingly, it is now important than ever that unmarried couples who do not plan to ever marry or even register a domestic partnership plan properly for their future together.

Determination of Market Value Under the Uniform Partition of Heirs Property Act

One of the most important aspects of the Uniform Partition of Heirs Property Act (the “The UPHPA”) is the determination of the value of the property at issue. Often, issues arise between the parties to the action because they do not know the value of the property. To remedy this issue and provide a fair and equitable solution to the parties, the UPHPA provides flexibility in determining a value.

Paul M. O’Brien Promoted to Equity Partner at Falcon Rappaport & Berkman PLLC

Falcon Rappaport & Berkman PLLC is pleased to announce that Paul M. O’Brien has been promoted to Equity Partner at the firm.

Second Round PPP Loans

Both first-time borrowers and second-time borrowers may now apply for a loan from the Paycheck Protection Program (“PPP”)