The Corporate Transparency Act (CTA) has been a hot topic since its introduction, requiring businesses to adapt to new reporting obligations. We explored the Corporate Transparency Act in depth in an alert last week. Now that the CTA is effective and companies begin to report to FinCEN here are some answers to commonly asked questions…
Navigating New Disclosures Under the Corporate Transparency Act
The Corporate Transparency Act (CTA) generated substantial commentary throughout 2023 as businesses and advisors worked to determine compliance and reporting burdens imposed by the Act in advance of its January 1, 2024 effective date. Originally passed in 2021, the CTA is the first federal law that requires non-exempt business entities to disclose the identity of…
POSTED IN: Articles & Quotes, Commercial Real Estate, Corporate & Business
Navigating SNDA and Estoppel Certificates: Insights for Tenants and Landlords
In commercial real estate, the legal instruments that govern leasing and financing relationships are more than just contractual formalities—they are the bedrock of security for all parties involved. For tenants and landlords alike, Subordination, Non-Disturbance and Attornment (SNDA) agreements, alongside Estoppel Certificates, stand as critical defenses against the unpredictability of property markets and financial upheavals….
POSTED IN: Articles & Quotes, Commercial Real Estate
The Practical Effect of President Biden’s Executive Order on Artificial Intelligence
In November 2022, the world was introduced to ChatGPT – a large language model form of generative artificial intelligence (“AI”) designed to simulate conversation and provide users with instant access to a wealth of information. In the just one year that ChatGPT has become part of our lives, businesses and individuals alike have scrambled to…
POSTED IN: Articles & Quotes
RIW Summer Intern Recap: Michael Coleman and McKenna McLean
Michael Coleman from Boston University School of Law and McKenna McLean from Suffolk Law School were summer interns at RIW in 2023. Learn more about their time at the firm and their key experiences and learnings. Michael Coleman Why did you choose RIW for your summer? I was initially drawn to RIW for its extensive…
POSTED IN: Articles & Quotes
A New Era for Estate Tax in Massachusetts: Understanding the $2 Million Exemption Increase
On October 4, 2023, Governor Maura Healey ratified Bill H. 4104, doubling the Massachusetts estate tax exemption amount from $1 million to $2 million. Unlike the prior Massachusetts estate tax law, which imposed estate tax on the entire estate (not just the excess over $1 million), the new law taxes only the amount exceeding $2…
POSTED IN: Articles & Quotes, Trusts & Estates
Kelly Caralis Featured in the New England Real Estate Journal’s 2023 Women in Commercial Real Estate Spotlight
Shareholder and Hospitality Practice co-chair Kelly Caralis was recently featured in the New England Real Estate Journal’s 2023 Women in Commercial Real Estate Spotlight. In the Q&A, Kelly discussed her recent career highlights and provided advice to women in the commercial real estate field on how to choose the right firm to build a career. She…
POSTED IN: Articles & Quotes, Hospitality Practice Group, News
Lawyer Spotlight: Meghan E. Hall
Meghan E. Hall recently joined the firm as an associate in the Litigation Department. Meghan represents individuals and corporate clients on a wide range of litigation matters, including land use, real estate, complex commercial and employment disputes. She guides clients through all stages of the litigation process from pre-litigation counseling to jury and bench trials,…
POSTED IN: Articles & Quotes, Litigation, News
ChatGPT in the Workplace: Employers Beware
“This is the world now. Logged on, plugged in, all the time.” Although this quote is from a fictional character (John Connor) in a fictional but fantastic movie (The Terminator), the point echoes true these days. Don’t believe me? Look no further than the newest technological disrupter: Chat Generative Pre-training Transformer. This platform, commonly referred…
POSTED IN: Articles & Quotes, Employment Law, News
The Industry Publication: June 2023
Ruberto, Israel & Weiner is pleased to present the Hospitality Practice Group’s new issue of THE INDUSTRY. This edition includes articles by RIW Attorneys Bethany Grazio and Adam Barnosky, information on the #CreditCardCompetitionAct, Attorney Spotlight featuring Eric Sigman, Client Spotlight on Jefferson Macklin (Traveler Street Hospitality), Industry News, Recommended Listening, Book Reviews and more. Check out…
POSTED IN: Articles & Quotes, Hospitality Practice Group, News, The Industry