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New York State’s Virtual Courts to Begin Handling Some Non-Essential Business
Today, Chief Administrative Judge Lawrence K. Marks issued a memorandum to all trial court justices and judges in the State of New York indicating that starting next Monday, April 13, 2020, the New York State court system will take preliminary steps to open up remote access to the courts via Skype or telephone for non-essential […] More
Small Business Administration Begins Accepting Applications for Emergency Relief Loans
On April 3, 2020, the Small Business Administration (“SBA”) began accepting applications for Paycheck Protection Program (“PPP”) loans for small businesses and sole proprietorships authorized by the Coronavirus Aid, Relief and Economic Security (“CARES”) Act. Independent contractors and self-employed individuals can apply beginning April 10, 2020. The PPP authorized up to $349 million in forgivable […] More
WSSLLP’s New Jersey Office Wins Defense Judgment in Securities-Industry Tortious Interference Claim
In a final judgment entered following twelve days of trial, the Superior Court of New Jersey, Monmouth County, found in favor of WSSLLP’s client, a securities-industry principal, in a tortious interference with contract claim brought by a former registered representative. The case was handled by New Jersey partner Steven Mellen. In the trial, the registered […] More
Securities Industry Update – Florida Office of Financial Regulation Order
On March 26, 2020, the Florida Office of Financial Regulation issued an Omnibus Order that provides regulatory relief to industries regulated by the Florida Office of Financial Regulation due to COVID-19. For the securities industry, the Order provides a 45-day extension for the Form ADV annual updating amendment for investment advisers. The Order further grants a […] More
Summary Judgment Granted in New York Labor Law Case under the Special Employee Doctrine as a Matter of Law
At the outset, our primary concern at this time is for everyone’s safety and health given the COVID-19 epidemic. It certainly is a new world for everyone. All of our offices are fully up and running remotely, and we are ready to address any needs you may have. Please stay safe. Shortly before the COVID-19 […] More
WSSLLP’s Colorado Office Wins 12 Day Jury Trial Successfully Defending Directors and Officers in Breach of Fiduciary Duty Lawsuit
On March 17, 2020, Colorado managing partner, Derek Anderson, secured a defense verdict for the firm’s clients in a breach of fiduciary duty lawsuit. The firm defended three members of the board of directors of a Denver based company, its president and the preferred shareholders of the company, in a suit brought by the founder […] More
