Legal experts wary of NFL’s plan on conduct
December 8, 2014 -- Sports Business Journal
Irwin Kishner was quoted in the Sports Business Journal about the legal ramifications of the National Football League implementing a reformed personal conduct policy for players without collectively bargaining the changes with the players' union. Irwin indicated that the NFL does not have much legal standing to argue that the policy changes are not subject to union agreement. "I haven't seen a legal argument to justify it," he said. "[The NFL's] intentions are right on all of this, but I don't see how they can unilaterally implement a change to an article in the CBA."
Judges Seek 'Sense of Urgency' in Approach to Sandy Disputes
December 4, 2014 -- New York Law Journal
Scott Mollen is quoted in a New York Law Journal report on new mediation rules recently announced by three U.S. magistrate judges charged with overseeing the burgeoning docket of Hurricane Sandy insurance cases. Seeking to stop actions they call "objectively unreasonable or seemingly calculated to delay efficient resolution," the judges are warning there will be consequences for attorneys who do not push cases along in good faith. Scott, who serves on the Eastern District of New York’s Hurricane Sandy Mediation Panel, describes the new guidelines as extremely helpful, while also cautioning that they should not be construed as "a blanket finding of blame and criticism of all plaintiffs and all defense and their counsel.” He further noted that both sides are confronted with complicated issues of proof, coverage and how much repair is needed.
Has New York Multifamily Lost Its Sheen?
December 4, 2014 -- Commercial Observer
Herrick was mentioned in a Commercial Observer article resulting from the Mortgage Observer breakfast event that Herrick’s office hosted on Thursday, December 4. The Herrick-hosted panel included the following speakers: Matthew Galligan, president of CIT Real Estate Finance; Jeremy Shell, TF Cornerstone’s head of finance and acquisitions; Peter Nicoletti, executive managing director of the capital markets group at JLL; and Chad Tredway, East head at Chase Commercial Term Lending.
The Stoler Report: Crowdfunding for Commercial Real Estate (Video)
Richard Morris was a guest on The Stoler Report, a weekly television show that airs on PBS and New York City's only weekly television show profiling the real estate and business trends in the tri-state region. Mr. Morris discussed the impact of the SEC new crowdfunding and revised Regulation D regulations and for commercial real estate, and provided the perspective to real estate developers and investors and how it differs from other real estate investment products. To watch the full video, follow the link.