Recent News - Corporate


Gumersell Discusses Benefits, Drawbacks of PCs
November 22, 2019 | Corporate

Walter Gumersell was quoted in the Fundera article entitled “What Is a Professional Corporation,” which defines this unique business structure and describes its pros and cons.

According to Walt, the major selling point of a professional corporation is that it “limits the professional’s liability to their investment in the professional corporation. However, there is an exception

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Spero Discusses Legal Issues Facing Growing Companies With Chaminade Alumni
November 15, 2019 | Bankruptcy | Commercial Litigation | Corporate

On November 14, Matt Spero, along with other Chaminade alumni including one of the owners of Greenport Brewery, presented “Legal Issues Facing Growing Companies and What to Look Out For” to the Chaminade Alumni Lawyers Association and Chaminade Businessmen’s Association.

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Rivkin Radler Welcomes Schwartz & Salomon to the Firm
September 10, 2019 | Trusts & Estates

Rivkin Radler LLP, one of the Northeast’s leading law firms, has bolstered its tax and trusts and estates capabilities with the addition of noted New York City firm Schwartz & Salomon, P.C., effective September 3.

The three Schwartz & Salomon attorneys have joined Rivkin Radler’s New York City Office: David Lobl, Lisa Procopio and Joseph

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Rivkin Radler Associate Named to LIBN 30 Under 30
September 4, 2019 | Corporate | Banking

Rivkin Radler LLP is pleased to announce that Sean Simensky has been named one of the 2019 Long Island Business News 30 Under 30 honorees.

Sean N. Simensky concentrates his practice on general corporate representation of private national and international companies and not-for-profit corporations. He also represents financial institutions, private lenders and borrowers in loan

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Rivkin Radler Welcomes New Partner
August 9, 2019 | Real Estate, Zoning & Land Use | Corporate | Banking

Uniondale, New York – August 2019 – Evan H. Krinick, Managing Partner of Rivkin Radler LLP, has announced that Michael J. Twersky has joined the firm as a Partner.

Michael J. Twersky has joined the firm’s Banking; Corporate; and Real Estate, Zoning & Land Use Practice Groups. With over 20 years in practice, Michael has

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Rust Relates Succession Plan Recommendations
July 18, 2019 | Commercial Litigation | Corporate

Jeffrey Rust offered insights in the article, “8 Things to Include in a Succession Plan When Transitioning to Multiple Successors,” which appeared on City National Bank’s Insights web page.

The article details a real-world case of a couple who planned to will their family business to their kids. No formal business documents were drafted to

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Gumersell Weighs in on Negotiating a Business Loan
July 16, 2019 | Corporate

Walter Gumersell was interviewed for the article, “5 Tips for Negotiating a Business Loan,” for Business News Daily. The article shares advice on the best, most stress-free ways to secure a business loan.

Walt cautions about offering a personal guarantee and recommends negotiating for the right to prepay the loan.

To read the article, click

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Heptig and Murphy Quoted in LIBN Article
July 9, 2019 | Corporate

Kate Heptig and Casey Murphy were quoted in a Long Island Business News article, “Put it in writing.” The article discussed the importance of a partnership agreement for business owners in case the unexpected happens.

“The document details the economic and governance rights of the members vis-a-vis each other,” said Kate Heptig. “It includes rules

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Gumersell Quoted in Business News Daily
June 12, 2019 | Corporate

Walter Gumersell was quoted in a Business News Daily article, “Property Leases: What SMBs Need to Know.”

Click here to read the article.

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Gumersell Quoted in Business.com
May 6, 2019 | Corporate

Walter Gumersell was quoted in a Business.com article, “How to Fire a Partner or Co-Founder.”

Gumersell advised general partnership law is not deeply defined in many states and can involve statutes that are only “six pages.”

“There’s a lot of gaps to fill,” he said. “You don’t want a court filling the gaps.”

“The expense

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