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Herrick Feinstein LLP

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Impact of globalization and technology on professional sports

USA - October 15 2010 Technological advances are bringing sporting events to more people than ever before

What is the Homestead Exemption and when does it come into play?

USA - February 21 2013 Public policy in New York prompted the establishment of, and recent increase to the Homestead Exemption (the "Exemption"), codified in the CPLR at

What happens to personal property left in an abandoned unit after it has been sold at a sheriff’s or foreclosure sale?

USA - September 11 2013 When a unit is sold at a sheriff's sale to satisfy a personal money judgment or foreclosure judgment to satisfy a lien, the interest being sold is

Delaware adds new short-form merger statute

USA - August 18 2010 Delaware has enacted a simplified method for effecting a merger between a parent and a subsidiaryoften referred to as a "short-form merger"when the parent is a Delaware non-corporate entity (such as a general or limited partnership, or a limited liability company) and the subsidiary is a corporation in which the parent owns at least 90 of the outstanding shares of each class of stock

Are lifeguards necessary?

USA - January 24 2013 Many condominium and homeowner associations have pools and therefore the question arises of whether or not a lifeguard should be hired to monitor the

SEC unanimously approves proposed crowdfunding exemption rules

USA - November 1 2013 The Securities and Exchange Commission ("SEC") voted 5-0 on October 23, 2013 to approve the proposed crowdfunding rules required by Title III of the

New Jersey Supreme Court requires written settlement agreements

USA - October 24 2013 The New Jersey Supreme Court declared that a settlement reached at mediation, but not reduced to writing prior to the conclusion of the mediation, is

Delaware Supreme Court affirms use of non-legal experts to resolve earn-out disputes

USA - October 24 2013 The Delaware Supreme Court affirmed a Delaware Chancery Court decision addressing the use of experts to resolve post-closing disputes with respect to

Delaware Chancery Court finds "weak" fairness opinion does not doom merger

USA - October 24 2013 The Delaware Chancery Court ruled that a target company's directors did not breach their fiduciary duties in connection with a merger transaction

New York Appellate Division rules e-mail creates enforceable agreement

USA - October 24 2013 The New York Appellate Division of the Second Department held that an e-mail sent by an agent for a car insurance company constituted an enforceable