DHC D.C. Update – What’s in the Federal Stimulus Package
December 21, 2020 — DHC D.C. Update: The House and Senate are set to vote Monday on $900 billion in pandemic relief aimed at boosting the U.S. economy into the early spring, combined with $1.4 trillion to fund regular government operations for the rest of the fiscal year. The bill includes help for small businesses, the […]
9 DHC Attorneys Honored as 2020 NY Metro Super Lawyers
9 DHC Attorneys Honored as 2020 NY Metro Super Lawyers October 30, 2020 – DHC is proud to announce that nine of our attorneys have been rated among New York’s top legal professionals in the 2020 edition of New York Metro Super Lawyers Magazine. Larry Hutcher, the firm’s Co-Managing Partner marks his sixth straight year on the list. […]
DHC Represents Hugo Boss in $8.3M Lease Renegotiation
October 13, 2020 – Law360 reported that Hugo Boss filed a lawsuit in New York State Court seeking to rescind the retailer’s $8.3 million per year lease at The Shops at Columbus Circle due in part to the fact that the mall was entirely shuttered for six months as a result of the COVID-19 pandemic, rendering its […]
DHC DC Update
September 15, 2020 – New effort in the stimulus negotiations from the Problem Solvers Caucus On Tuesday, a bipartisan group of House lawmakers put forward their own plan to deliver badly needed coronavirus relief amid a bitter stalemate between their party leaders. Founded in 2017, the Problem Solvers Caucus is an independent member-driven group in […]
SBA Announces New Reduced 504 Loan Debenture Rates
August 18, 2020 — The U.S. Small Business Administration announced updated interest rates for the 504 Loan Program offered by Certified Development Companies (CDC) allowing small businesses to apply for low interest rates offering 20 and 25-year interest rates at 2.214% and 2.269%. The SBA 504 Loan Program provides long-term financing to small businesses for […]
Client Alert: Misleading Reports on Commercial Leases
August 10, 2020 – By Larry Hutcher and William Mack. Last week, The Real Deal published a piece entitled “Win for Moinian is a bright spot for commercial landlords.” The article purported to report on a case captioned Backal Hospitality Group LLC v. 627 West 42nd Retail LLC, No. 154141/2020. Unfortunately, the author inaccurately and […]
Force Majeure Clauses And Commercial Leases
July 30, 2020 – DHC Partners Robert Rattet, Derek Wolman, and William Mack, with Of Counsel James Glucksman published an op-ed in the New York Law Journal discussing the application of the force majeure English common law doctrine – unforeseeable circumstances that prevent someone from fulfilling a contract – to modern contract law. The force majeure doctrine was used more than one hundred […]
Update: New York State Legislative Session in Albany
July 24, 2020 – In an abnormal year due to the COVID-19 pandemic, this week the State Legislature met in Albany to conclude what was their normal session. This week was about wrapping up legislative priorities, as well as, passing bills needed for the functioning of local governments. Proposals of note that passed this week […]
Governor Cuomo Implements Three Strike Policy for New York City Restaurants
July 16, 2020 – Governor Cuomo announced a “three strikes and you’re closed” policy for restaurants and bars in New York City: any establishment that receives three violations of the social distancing requirements will be closed. Egregious violations can still result in the business’ immediate loss of its liquor license and/or a closure order. Additionally, […]
SBA and Treasury Release PPP Data
July 6, 2020 – Today, the U.S. Small Business Administration, in consultation with the Treasury Department, released data regarding the loans made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9 million PPP loans that have been made. “The PPP is providing much-needed relief to millions of American small businesses, supporting […]
