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]

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Negotiating the Terms of Buying a Business Part 2 [video]

This is intended to help outline the general process of buying a business, explaining the legal aspects of how a business lawyer can assist in a business purchase transaction (it is not intended to be construed as legal advice for your particular situation).  Basically, in these 2 videos, I try to help you identify what… [Read More]

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Negotiating the Terms of Buying a Business Part 1 [video]

This is intended to help outline the general process of buying a business, explaining the legal aspects of how a business lawyer can assist in a business purchase transaction (it is not intended to be construed as legal advice for your particular situation).  Basically, in these 2 videos, I try to help you identify what… [Read More]

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6-Step Business Startup Checklist [video]

As a New York corporate attorney and startup lawyer, I am frequently asked for a checklist of items to consider when starting a business. Here are my 6 steps to starting a business checklist of some things that need to get done in starting or buying a large or small business (or a startup business).… [Read More]

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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. **This post… [Read More]

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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]

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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]

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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]

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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]

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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]

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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]

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