Banking Alert March 2020

In This Issue:

• New Jersey and New York Both Enact Restrictions on Foreclosures in Response to COVID-19
• New Jersey Appellate Division Enforces “Hell-or-High Water” Provision in Third-Party Financing Agreement
• New Jersey Trial Court Finds Buyer of Foreclosed Property Failed to Comply with Strict Notice Requirements of New Jersey’s Foreclosure Fairness Act

Banking Alert February 2020

In This Issue:

• New Jersey Chancery Division Holds That Recent Change in New Jersey Law Precludes Lender From Requesting Unlimited Number of Adjournments of Sheriff’s Sale
• New Jersey Appellate Division Rules That Judgment Lien has Priority Over Prior Improperly Recorded Mortgage
• New Jersey Chancery Division Grants Bank’s Motion to Strike Lease as a “Sham”

Partner Anthony J. Sylvester, who serves as a Trustee to the Gia Maione Prima Foundation announces that the Foundation will support a cultural exchange program, “Getting Funky In Havana” 

Gia Maione Prima Foundation partnered with New York City based Horns to Havana to support a five-day cultural exchange program, “Getting Funky in Havana.”  The trip featured a concert series of leading New Orleans bands who joined forces with Cuba’s top musical talent.  The initiative created immersive cultural experiences with Cuban artists, musicians and other creatives.    The project program included a visit to Amadeo Roldan Music Conservatory to donate instruments to Cuban students and community projects.  The cultural exchange program is heavily focused on supporting the Cuban people as well as the young New Orleans musicians from the Trombone Shorty Foundation.

Corporate Alert March 2020

In This Issue:

• Cash Flow Assistance for Small Businesses: Potentially Forgivable Paycheck Protection Loans
• Tax Credits for Employers Who Provide Coronavirus-Related Leave
• Force Majeure Clauses and COVID-19
   

2020 Estate Planning Essentials Guide - NJ Edition

A broad overview of wills, trusts, estate and gift taxes, and important planning techniques and documents.

If you have questions, please contact any of the attorneys in our Tax and Trusts & Estates Practice Group. Nothing in this booklet should be relied upon as legal advice in any particular matter.

Tax and Trust & Estates Update February 2020

In This Issue:

• The New SECURE Act’s Effect on Estate Planning for Retirement Plans
• Relief from Federal Limitation on Deduction for State and Local Income Taxes for Some New Jersey Business Owners
• Private Foundation Excise Tax Rate Simplification – Law Change Effective 2020
• Misleading Notices from Third Parties of Annual Report Delinquencies for New Jersey Entities