Welcome to the New York Law Blog

Welcome to our lawyer blog with free legal information for large and small businesses, start-ups and entrepreneurs in New York written by New York City business attorney, internet lawyer, and real estate attorney, Craig Delsack. We continuously add content, so please check back often. Of course, if you can’t find your answer here, you can visit our site at www.nyccounsel.com or call us at (212) 688-8944. [Read more]

Tags: business attorney, business lawyer, NY Internet Lawyer, NY real estate attorney

How do I Remove Rogue Member or Manager from My LLC? [video]

Has your business partner, LLC member or LLC manager harmed your business? You are not stuck! There are ways to remove a rogue member or manager from your business, LLC, or partnership (similar to removing a rogue officer or shareholder from a company). Find out more about how we can help you here.    Other… [Read More]

Tags: Business LLC, linkedin, Members, Operating Agreement, Partnership

When do I need an NDA (Non Disclosure Agreement)? [video]

So you have a great idea or a product and want to share confidential information with your prospective business partner.  You should consider what information you will be sharing and make sure you are protected with a well-crafted non-disclosure agreement (also referred to as an NDA, or confidentiality agreement).  Find out more about how we… [Read More]

Tags: Business NDA, Business Trade Secret, linkedin, Nondisclosure, Video

Foreigners Purchase One-Third of New York City Condos and 15 Percent of New York City Real Estate

According to an article posted on October 7, 2011 on Crain’s New York Business.com, fifteen percent (15%) of all residential sales in New York City were made by overseas-based buyers (most were all-cash deals).   The majority of the foreign investors were based in Russia, China, Brazil and Argentina.   Buyers from overseas presently account for one-third… [Read More]

Tags: foreign investor, NY condo lawyer, NY coop lawyer, NY real estate attorney

PokerStars, Full Tilt Poker and Absolute Poker Seized by the FBI Pursuant to an Arrest Warrant

(September 20, 2011) UPDATE: Today, Manhattan U.S. Attorney Preet Bharara’s office asked U.S. District Judge Leonard Sand for permission to add the new allegations to a civil forfeiture case filed against Full Tilt, PokerStars, Absolute Poker and other businesses back in April. Prosecutors contend that Full Tilt Poker paid board members more than $440 million… [Read More]

Tags: games of chance, games of skill, linkedin, lottery, online gambling, online poker

Employers Using Technology Should Have an Employee Handbook and Acceptable Use Policies in Place

Technology Creates Hidden Problems for Businesses With Employees. It is near impossible to run a business without using technology and having access to email and the Internet.   You may even employ cloud computing, software-as-a-service (SaaS), social networks like Facebook and Twitter to be more productive and increase your business’ visibility. Be careful – implementing technology… [Read More]

Tags: Acceptable Use Policy, Employee Handbook, linkedin

Who Owns Photos and Videos Posted on Facebook or Twitter?

Well, it depends on what you mean as “own.”  Under copyright law, unless there is an agreement to the contrary or the photograph or video is shot as part of your job, a copyright to a photograph generally belongs to the creator.  As the copyright owner, you own the exclusive rights to display, copy, use,… [Read More]

Tags: Copyright, Facebook, linkedin, Twitpic, Twitter

What are the Changes in the Estate Tax Laws?

New legislation, called the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, was passed by the United States Congress on December 16, 2010 and signed into law by President Barack Obama on December 17, 2010, which affects federal estate taxes. A summary of the new law is as follows: As a temporary… [Read More]

Tags: buying real estate, NY business lawyer, NY condo lawyer, NY coop lawyer, NY real estate attorney

Should I Buy or Hold My Investment Property in an LLC?

Deciding what legal entity in which you buy and hold your real estate is important.  You should to consult with your financial and tax advisors along with your New York real estate attorney to figure out the right legal entity.  You should consider, among other things, the type investment property, the amount of equity and… [Read More]

Tags: Business LLC, buying condo, buying real estate, linkedin

How Can I Protect My Website or Blog from Copyright Infringement?

Can websites and blogs be liable for copyright infringement?  It depends.  If the blog owner is copying other creators’ content verbatim (in whole or in part), depending on the facts at hand (perhaps there is a “fair use” defense), such copying would generally open the blog writer up to liability for copyright infringement.  This can… [Read More]

Tags: Copyright, DMCA, Infringement, NY Internet Lawyer, Safe Harbor

Buying a Small Business, Company or LLC in New York

Your business acquisition attorney is not only your legal expert, but also will facilitate the business purchase process. Your business lawyer will coordinate the processes, interface with all the players, and move the business transaction along, culminating in a successful closing. As your legal expert, your business lawyer will conduct the legal due diligence, negotiate, draft and review the necessary legal documents… [Read more]

Tags: Business Checklist, Business Merger, Contracts, Nondisclosure