In an effort to protect small businesses from high rents, on June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents. As of this writing, this...more
7/25/2025
/ Borrowers ,
Commercial Leases ,
Financial Services Industry ,
Landlords ,
Lenders ,
Loan Documentation ,
Loans ,
Mortgages ,
New York ,
Pending Legislation ,
Real Estate Transactions ,
Regulatory Agenda ,
Rent ,
Rental Property ,
Rental Rates ,
Small Business ,
State Legislatures
On June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents....more
7/18/2025
/ Borrowers ,
Consumer Financial Products ,
Contract Terms ,
Financial Services Industry ,
Landlords ,
Lenders ,
Loan Documentation ,
Loans ,
Mortgages ,
New York ,
Pending Legislation ,
Public Policy ,
Real Estate Market ,
Real Estate Transactions ,
Regulatory Agenda ,
Regulatory Reform ,
Rent ,
State and Local Government
ESG considerations will continue to play an ever-increasing role in financial markets in 2022. ESG-related transactions will continue to present significant opportunities for financial institutions as they respond to and...more
The digital asset industry has now met the regulatory state. Those interested in building digital asset businesses that operate in the United States thus need to be aware of a vital tool for resisting regulatory overreach by...more
12/13/2021
/ Bitcoin ,
Cryptocurrency ,
Digital Assets ,
Financial Instruments ,
Financial Markets ,
Financial Services Industry ,
Financial Transactions ,
Investment Products ,
Regulatory Oversight ,
Regulatory Standards ,
Virtual Currency
On October 18, 2021, New York Attorney General Letitia James directed two virtual currency lending platforms to immediately cease their unregistered and allegedly unlawful activities in New York and sent letters to three...more
10/29/2021
/ Cryptocurrency ,
Decentralized Finance (DeFi) ,
Enforcement Actions ,
Financial Markets ,
Financial Services Industry ,
Lenders ,
New York ,
Regulatory Violations ,
Securities Transactions ,
Stablecoins ,
State Attorneys General ,
Virtual Currency
On June 3, 2021, the Court of Appeals for the Second Circuit issued a decision in the OCC's appeal of the SDNY decision in Lacewell v. Office of the Comptroller of the Currency in which the NYDFS had successfully challenged...more