Articles

Court Partially Excuses Tenant’s Rent Obligations During COVID Shutdown

Daniel R. Avery Daniel R. Avery from  Goulston & Storrs  on 
In the social and economic fallout from COVID, businesses are assessing how best to address their commercial relationships, especially where potentially insurmountable barriers to performance loom large.

COVID And M&A Earnouts

Daniel R. Avery Daniel R. Avery from  Goulston & Storrs  on 
The COVID-19 virus has ushered in unprecedented and challenging times for our country and our global community. Apart from these personal and social consequences, of course, the economic downturn is very real and upon us.

Taxpayers Who Took Required Minimum Distributions in 2020 May Be Able to Return Them To A Retirement Account

Matthew Hillery Matthew Hillery from  Goulston & Storrs  on 
The IRS recently released Notice 2020-51, which provides further taxpayer-friendly guidance for the treatment of required minimum distributions paid from retirement accounts in 2020. 

Avoiding Coronavirus Discrimination Claims in Retail and Hospitality

Matthew P. Horvitz Matthew P. Horvitz from  Goulston & Storrs  on 
As the retail and hospitality industries reopen and expand operations during the COVID-19 pandemic, an important component of those plans is the potential issues affecting persons with disabilities.

Legislative Amendment to the Portuguese Nationality Law

Adam Yadid Adam Yadid from  Yadid Law  on 

A working group of the Portuguese Socialist Party (PS) decided to draft a legislative amendment to the Portuguese Nationality Law. This will be done by adding a requirement for a mandatory legal residence in Portugal for a period of 2 years for all descendants of Portuguese Sephardic Jews.

Considering Lease Concessions In The Face Of A Tenant Bankruptcy

Douglas Rosner Douglas Rosner from  Goulston & Storrs  on 
Landlords are receiving a deluge of requests to provide rent relief to commercial tenants whose operations have either been closed or substantially restricted as a result of state and local governments’ COVID-19 stay-at-home orders and related restrictions.

Inheritance and Condominium: an Example of (Avoidable) Condominium Litigation (abstract from an article published on Diritto.it in June 2020)

Gianfranco Di Garbo Gianfranco Di Garbo from  Interconsulting Studio Associato  on 

Reading this judgment of the Court of Rome (section V of 04/05/2020, n. 6847) one touches with one's hand an example of avoidable quarrel between co-owners in condominiums, a phenomenon that, according to a reliable statistic, has reached considerable proportions,

NYC Legislation Limits Enforcement of Personal Liability Provisions and Prohibits Harassment for Certain Commercial Tenants

Derek Domian Derek Domian from  Goulston & Storrs  on 
On May 26, 2020, the New York City Council passed two laws, intended to provide relief to certain commercial tenants during the COVID-19 pandemic. This advisory summarizes these laws, their implications, and their potential vulnerability to legal challenge.

Nobility, Immorality and Football

Rodrigo Monteiro de Castro Rodrigo Monteiro de Castro from  monteiro de castro, setoguti advogados  on 
The word nobility not only denotes a state of social stratification or the recognition that inequality derives from a divine design. It also draws an ethical meaning that has been lacking in human beings, globally. It evokes righteousness, consideration, acceptance and dignity.

Agreements To Reduce Or Forgive The Amount Of the Leases And Their Effects On The Value Added Tax

Salvador Balcells i Iranzo Salvador Balcells i Iranzo from  Manubens Abogados  on 
One of the most obvious effects of the state of alarm generated by COVID-19 has been the renegotiation of current rents, and specifically the forgiveness or reduction agreed between the property and the lessee of the amounts to be paid.

News Regarding the Exemption in the Income Tax of the Work Performed by Spanish Residents Abroad

Salvador Balcells i Iranzo Salvador Balcells i Iranzo from  Manubens Abogados  on 
There are many foreign companies that receive services from workers residing in Spain. These workers must pay their income tax in Spain but can apply the exemption for the work income obtained if three requirements are met.

USPTO Grants Further Limited Relief in Light of COVID-19

Andrew O'Connor Andrew O'Connor from  Goulston & Storrs  on 
The U.S. Patent and Trademark Office granted additional, limited relief to those most impacted by COVID-19 for certain patent and trademark-related fees and deadlines. This relief is far more limited than the previous relief and aims primarily to assist individuals and small businesses. 

To Stay Or Not To Stay @Home

Filipe Consciência Filipe Consciência from  Caria Mendes Advogados  on 
This is the question made by several Portuguese in these crazy times. But the truth is that if we don't leave our houses, afraid of dying, we will surely die of hunger, because the economic consequences are already being felt and we still don't know what will truly happen.
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