If you have already received a PPP loan, the PPP Flexibility Act will not allow you to apply for or receive a second loan. With respect to loans applied for after enactment of the PPP Flexibility Act, although the covered period has been extended to 24 weeks, there has been no change to the maximum loan amount that can be borrowed under the PPP - it remains 2.5 times a borrower's one-month average payroll cost, as determined under the existing PPP application.06/09/2020
We would like to extend our sincerest appreciation to anyone who attended yesterday's webinar—Back to Business: Navigating the New Normal—with Felicia Ennis, Chair of our Employment Law practice, and Frederick Cummings, Jr., Chair of our Corporate Law practice and our Managing Partner. We hope that you found the webinar informative and that it provided a jumping-off point for your own reopening plan. If you should have any questions, please do not hesitate to reach out to us.
Click here to view a replay of our webinar.06/05/2020
Ally Hack and Elizabeth Erickson Co-Author New York Law Journal Article on the Implications of the 'Fields v. Fields': “Townhouse Stoop-Sweeping” Case 10 Years Later07/24/2020 | The New York Law Journal
In this New York Law Journal article, Ally Hack and Elizabeth Erickson review how New York Courts have handled the "head-scratching" decision in 'Fields v. Fields' in the subsequent 10 years after the case.
The article explores the landscape of distributing a marital residence or rental property funded from sources other than clearly identifiable marital dollars (e.g., employment income earned during the marriage), which they say remains as muddled today as in the immediate aftermath of Fields.
The authors note that Fields stands as an alarm bell for matrimonial and real estate attorneys, married developers and real estate investors, and every in-law contributing to a real estate interest with a married child. They say to “plan ahead, record your contributions, document your intentions and set expectations. Preserving your interest can be as simple as a postnuptial agreement establishing a road map for distributing the property in any set of circumstances and eliminating the mystery as to how a court, attempting to apply Fields and its progeny, will analyze and classify the property.”
Read the full article.
Sophie Jacobi-Parisi Authors Article on Why Living Through a Divorce is a Bit Like Living Through Our Current Climate for Thrive Global7/16/20 | Thrive Global
Matrimonial Group Partner Sophie Jacobi-Parisi recently wrote the article, “Five Reasons Why Living Through a Divorce is a Bit Like Living Through Our Current Climate” for Thrive Global. Click here to read the article.
On-Demand Recording of Kimberly Lau’s Lawline Virtual CLE Program on the Future of Title IX Under the Department of Education’s New Regulation’s Now Available.08/07/20 | Lawline
An on-demand recording of Kimberly Lau’s Lawline virtual CLE program on the future of Title IX under the Department of Education’s new regulations is now available
On August 3, Kimberly Lau, partner and chair of the Title IX/College Disciplinary practice, presented a Lawline virtual CLE on the future of Title IX under the Department of Education’s new regulations. The program was attended by more than 100 individuals and provided an overview of the new Title IX regulations and how the key differences of Title IX have been enforced since the 2011 Dear Colleague Letter.
Some of the feedback from attendees of the live webinar included:
- “Excellent lesson in what feels like an overwhelming change in law. Presenter made this issue interesting and accessible. Great job.”
- “Well-paced presentation so one could digest the information.”
- “Great presenter! Good balance of objective facts with clear experience.”
- “Outstanding presentation by a very knowledgeable instructor.”
- “Really great and informative!”
Fred Cummings Quoted in American Lawyer Article on Industry Changes in Lateral Hiring During the Pandemic08/03/2020 | The American Lawyer
Managing partner Fred Cummings was quoted in an American Lawyer article on how virtual interviews have sped up the lateral hiring process in the legal industry. Fred noted that the firm has made lateral hires in the areas of intellectual property and tax, and how even though the firm’s candidates are New York-based, arranging candidate meetings virtually has accelerated the interview process.
Fred noted that he expects many attorneys will likely continue to work from home to some extent even after a return to the workplace is possible and that meeting virtually is going to become part of the recruiting process just like it has become an element of every other part of our practice.
Read the full article (subscription required).
Kimberly Lau to Present Lawline CLE Program on the Future of Title IX Under the Department of Education’s New Regulations8/3/2020
On August 3 at 10am ET, Kimberly Lau, partner and chair of the Title IX/College Disciplinary practice, will present a Lawline CLE on “The Future of Title IX Under the Department of Education’s New Regulations.” This program will provide an overview of the new Title IX regulations and highlight the key differences with how Title IX has been enforced since the 2011 Dear Colleague Letter. The program will benefit attorneys who represent students, teachers and faculty, administrators and educational institutions at both the K-12 level and at institutions of higher education.
Learn more and register.
Kimberly Lau to Speak at a New York County Lawyers' Association/Westchester County Bar Association CLE Program on What Schools Need to Know About The New Title IX Regulations07/30/2020
On July 30 at 12:30 p.m., partner and chair of the Title IX/College Disciplinary practice Kimberly C. Lau will speak at a New York County Lawyers' Association/Westchester County Bar Association CLE program on “What Schools Need to Know About The New Title IX Regulations.”
The program will cover the key aspects of the Department of Education’s new Title IX regulations governing how schools must handle claims of sexual harassment and assault, and how the regulations impact higher education institutions and students.
The Legal Intelligencer noted the event in its July 28 People in the News column.
Learn more and register.
In a recent podcast, Eric Wrubel, Partner and Chair of the firm’s Matrimonial Group, discussed his role in the riveting story about a case involving a fertility clinic mix- up that resulted in a woman carrying the intended children of two other families. The resulting Court decision set precedent that reverberates through surrogacy law in New York. You can listen here.05/28/2020