In a noteworthy decision by the Supreme Court, New York County, Judge Cohen ruled in favor of the minority owners who sought a judicial partition and sale of the Flatiron Building, a Manhattan landmark. And, on March 22, 2023, this historical building sold for $190 million at a live auction after a competitive bidding process. …
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New York Legislature Passes Provisional Adult-Use Cannabis License Bill
On Wednesday, February 16, 2022, the New York State Assembly and Senate passed a bill that provides temporary and conditional marijuana cultivator and processor licenses to existing businesses. The licenses will allow for a timely establishment of New York’s adult-use cannabis market by ensuring dispensaries have a product to sell. Hemp growers who are in …
Cannabis Control Board Approves Cannabinoid Hemp Program
On November 3, 2021, New York’s Cannabis Control Board (the “CCB”) finalized and approved regulations for the Cannabinoid Hemp Program (the “Regulations”), which regulate all products sold in New York that contain cannabidiol, also known as “CBD”. The Regulations create the standards by which manufacturing, testing, packaging, and labeling of CBD products will be governed. …
Super Lawyers Announcement
The Firm is proud to announce that Matthew D. Wagoner and Mark J. Wagner, Jr., have been named in the 2021 Upstate New York Super Lawyers and Rising Star Lists. Matt was listed as a 2021 Upstate New York Super Lawyer for his work in business litigation and Mark was listed as a 2021 Upstate New York Rising …
Client Spotlight: Kirsh Helmets and Impact Technologies
How Kirsh Helmets and Impact Technologies Raised $1MM seed round in 6 months In case you missed it, Kirsh Helmets, Inc. and Impact Technologies, LLC closed a seed round worth $1,000,000 in an oversubscribed offering in early July. The company plans to use the funds to further their entrance into the motorcycle helmet market. It’s …
Employees v. Independent Contractors: Why Details Matter
Correctly classifying employees and independent contractors is critical to your business. What makes a person an independent contractor rather than an employee is measured, in large part, by the amount of control and direction you have over them. The classification is important for several reasons. Initially, employers do not pay into the Unemployment Insurance or …
À la Carte Takeover: The Basics of an Asset Acquisition
When tackling most problems, two heads are better than one. The same is often true in business. When one company takes over the business of another company, a sleeker more efficient business model can result. Below is a discussion of the essential terms of an asset acquisition, which we have distinguished from mergers and stock acquisitions. Three Most …
FOR IMMEDIATE RELEASE
TWO LOCAL FIRMS TO JOIN FORCES; EXPANSION PLANNED TO ENHANCE A UNIQUE AND NON-TRADITIONAL LEGAL SERVICES MODEL October 7, 2014 (Albany, New York) –The Wagoner Law Firm, PLLC and the Selchick Venture Law Firm PLLC, both headquartered in the Capital Region, are teaming up under Wagoner | Selchick umbrella to provide legal services to start-ups, small businesses, …