Recent Publications - Banking


Title Insurance Coverage And Easement Disputes: Case Update
October 15, 2020 | Insurance Coverage | Real Estate, Zoning & Land Use
David Leno, Peter McNamara, Matthew Spero, and Michael Heller published the article “Title Insurance Coverage And Easement Disputes: Case Update” in Mealey’s Emerging Insurance Disputes. Courts have issued several important decisions recently in cases involving title insurance coverage and easement disputes. In this article, the authors discuss a New York court decision resolving whether a …
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Heller Publishes Article in The Banking Law Journal
August 27, 2020 | Banking
Michael Heller published the article, “Electronic Closings: Key Issues for Banks” in The Banking Law Journal. Click here to read the article. …
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The EEOC Issues Guidance on COVID-19 Related Workplace Laws
April 17, 2020 | Employment & Labor
The U.S. Equal Employment Opportunity Commission (EEOC) has updated its guidance on workplace laws during the COVID-19 outbreak. The guidance, updated on April 17, 2020, assists employers with navigating pandemic-related issues. In a question-and-answer format, the EEOC clarifies topics such as the confidentiality of medical information, inquiries about employee symptoms and providing reasonable accommodations. The …
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Diversity and Inclusion Matter, Even During a Pandemic
April 13, 2020 | Employment & Labor
As we all face these challenging times, it is  more important than ever to remain committed and focused on diversity and inclusion. Many employees, especially those who are underrepresented, may feel increasingly overlooked. Rivkin Radler remains committed to our Development, Diversity and Inclusion initiative, and as a reminder of the importance of connectivity during these unusual days, the following are some helpful tips: Be cognizant of who you are assigning work …
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Nonprofits Eligible for CARES Act Assistance
April 9, 2020 | Banking
Although small businesses have been the focus of coronavirus-related financial assistance, nonprofits have been similarly struggling. They, too, must cover payroll expenses, rent and financing obligations. Rightly, the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law by President Trump on March 27, 2020, also applies to them. The following describes the benefits …
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U.S. DOL Issues New Guidance on the Families First Coronavirus Response Act
March 31, 2020 | Employment & Labor
The Families First Coronavirus Response Act (FFCRA) will take effect on April 1, 2020, and will require all private employers with 499 or fewer employees to provide paid sick leave and emergency family leave to qualified employees. The FFCRA will apply to a broader set of individuals than New York’s paid sick leave law passed …
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U.S. Dept. of Labor Provides Additional Guidance For Employers
March 27, 2020 | Employment & Labor
As we have previously reported, on March 18, 2020 President Donald J. Trump signed the Families First Coronavirus Response Act (FFCRA). The FFCRA provides for two leave requirements arising in different portions of the Act: The right to Public Health Emergency Leave, which amends the existing statutory text of the Family and Medical Leave Act …
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Remote Participation in Shareholder Meetings in the Age of Coronavirus
March 27, 2020 | Corporate
UPDATE After this article was published, New York Governor Andrew Cuomo issued an executive order clarifying this issue. According to the order, due to the coronavirus pandemic, until April 19, 2020, companies incorporated in New York are permitted to hold virtual-only shareholder meetings. The executive order temporarily provides relief from the portions of subsection (a) …
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NYS Offers Forbearance to Borrowers, NYC Allows Penalty Waivers
March 25, 2020 | Banking
On March 21, 2020, Governor Cuomo issued Executive Order 202.9, which is in effect through April 20, 2020. The order provides financial relief to consumers and businesses with outstanding bank loans. The order modifies subdivision two of Section 29 of the Banking Law to provide that it is an “unsafe and unsound” business practice if …
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SBA Makes Disaster Loans Available to Small Businesses
March 20, 2020 | Banking | Corporate
As the coronavirus pandemic continues to cause disruptions to businesses, the U.S. Small Business Administration (SBA) has announced its Coronavirus (COVID-19) Disaster Relief Lending program, which will offer certain small businesses and nonprofits affected by COVID-19 access to the SBA’s Economic Injury Disaster Loans. As of today, small business owners in New York State are …
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