The Fed Worries About Bank CRE Loans for a Good Reason
July 01, 2023
The Federal Reserve and other regulators have been focused of late on bank problems, and well they should. But concern is now spreading to commercial real estate and the possibility that interplays between CRE borrowers and lenders could, under current conditions, create a positive feedback loop that could increasingly hurt both.
AI Regulation In the U.S.: What's Coming, and What You Need to Do, Part 2
July 01, 2023
Part Two of a Two-Part Article
In Part One, last month, the authors addressed the industries most affected by AI, and began the discussion on U.S. federal and state regulations to expect in 2023. Part Two continues the discussion on potential federal AI regulation and what companies can do to prepare.
Fresh Filings
July 01, 2023
Notable court filings in entertainment law.
Online Extra: The Other Recent Copyright Infringement Lawsuit Against Ed Sheeran
July 01, 2023
The lion's share of attention to copyright-infringement claims against Ed Sheeran over his song of the Year "Thinking Out Loud" recently focused on the trial in New York federal court in which a jury found in Sheeran's favor in the lawsuit brought by the heirs of a co-author of the 1970s soul-song classic "Let's Get It On." But in September 2022, a related infringement suit over the same songs' matching chord progression and harmonic rhythm was allowed to go forward.
Real Property Law
July 01, 2023
Mortgagee's Action to Vacate Tax Sale Should Not Have Been Dismissed Even Though Redemption Period Had Expired
Landowner Has Right of Access Across State Lands
Part Performance Exception to Statute of Frauds Inapplicable
Emails Insufficient to Satisfy Statute of Frauds
Statute of Limitations Does Not Bar Claim to Remove Cloud on Title
Purchase Option Not Assignable
Buyer Recovers Down Payment When Seller Failed to Deliver Certificate of Occupancy
Nassau County's Recording Fees Held Excessive and Improper
Section 265-a Authorizes Rescission of Termination Agreement
Prescriptive Easement Claim Fails for Failure to Establish Hostile Use