The Infamous Business Judgment Rule

April 1, 2012

The business judgment rule bars ‘judicial inquiry into actions of corporate directors taken in good faith and in the exercise of honest judgment in the lawful and legitimate furtherance of corporate purposes.’” North Fork Preserve, Inc. v. Kaplan, 68 AD 3d 732 (2nd Dept. 2009).  So long as the corporation’s …Read More

Piercing the Proverbial Corporate Veil

March 30, 2012

In New York, in order for a plaintiff to state a viable claim against a shareholder of a corporation in his or her individual capacity for actions purportedly taken on behalf of the corporation, the plaintiff must allege facts that, if proven, indicate that the shareholder exercised complete domination and …Read More

Cell Tower Ground Leases in New York

March 1, 2012

Since the 1990s, cell towers have been erected on public and private land throughout the New York metropolitan area, including Westchester County, Rockland County and Putnam County.  The tower may be constructed to look like a flagpole with internal antennas, tree pole with fake branches concealing the antennas or a …Read More

Unique Legal Considerations for Home Businesses

February 28, 2012

The term “home business” is no longer considered an oxymoron.  More corporations seem to be embracing the concept of telecommuting and in many industries, “working from home” has become commonplace.  Indeed, working from home can have many benefits including convenience, and significant savings of time and money.  However, operating a …Read More

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