What are the legal requirements for a New York Professional Service Corporation? J.Kiritsis,Esq.
Aug 10, 2020
Professional Service Corporations are a legal entity, which often happens to also be tax classification. However, putting tax considerations aside, we need to always remember that a PSC is above all a...
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What is the business judgement rule per New York BCL (Business Corporation Law)? J.Kiritsis,Esq.
Aug 10, 2020
Out of the slew of legal doctrines, that has been developed over the years, with regards to helping lawmakers, in deciding many matters involving corporate governance, perhaps few are as important as ...
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What is the ordinary prudent person rule per New York's Business Corporation Law? J.Kiritsis, Esq.
Aug 10, 2020
A number of legal doctrines have been developed over the years with regards to helping the Courts and Legislatures alike, in determining many matters involving corporate governance. A number of legal ...
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What are the liabilities of shareholders, officers and directors of NY Corporations? J.Kiritsis,Esq
Aug 10, 2020
Before deciding to take the leap of faith in owning, managing and/or supervising a for profit business corporation, it may be a good idea to take a moment and figure out the statutory liabilities of s...
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Electing and removing executive officers in a New York Corporation. J.Kiritsis, Esq. 212-922-0005
Aug 10, 2020
Perhaps there is no bigger aspect with regards to having a say in the Corporation’s executive management, other than the ability to elect and remove its executive officers. Executive Officers - Appoin...
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Dealing with director loans and guarantees in New York Corporations. J.Kiritsis, Esq. 2`12-922-0005
Aug 10, 2020
Anytime, that a member of the Board of Directors, is provided with a loan or debt guarantee by the Corporation, a myriad of potential legal problems may arise. Avoiding legal trouble before they arise...
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Benefits to landlords who file for holdover evictions versus non-payment-J.Kiritsis,Esq 212-922-0005
Aug 10, 2020
If you are a New York City landlord, you are perhaps wondering, are there any likely advantages, when going with holdover eviction filing, as opposed to non-payment eviction proceedings? The answer ma...
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A guide to New York Business Corporation Law (BCL). Part 1. By: J.Kiritsis, Esq. Call: 212-922-0005.
Aug 10, 2020
BCL stands for Business Corporate Law. The importance of the BCL can not be overstated, when one is dealing with internal governance issues affecting New York Corporations. The BCL has been around for...
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NYC landlords should be wary of performing unlawful evictions
Jul 21, 2020
A seismic event took place last year in 2019, with regards to the legal landscape confronting NYC landlords. Among the various legal changes that were steamrolled through the legislature in Albany wh...
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A guide to NYC landlords regarding new nonpayment proceeding laws
Jul 21, 2020
NYC has traditionally been regarded as having tenant friendly laws, despite going through a long lasting era of rent prices rising faster than inflation. Well, the new laws, according to landlord lob...
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