• I Need an Estate Plan – Part Four

    The first three parts of this series have been about the various advanced directives, i.e. Power of Attorney, Health Care Proxy, and Living Will.  These are all very important documents but they also become null and void upon your death. That’s where your Last Will and Testament (the “Will”) comes in.  If you don’t write and execute a Will, New York has a default Will set up for you.  For those technical people, it’s mainly in the Estate Powers and Trusts Laws (“EPTL”) 4-1.1.  If you don’t like what the law says, you need to change it by properly drafting and ...

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    Monday, May 23rd, 2016

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  • U.S. Department of Labor Announces Updates to Overtime Exemption Rule

    On May 18, 2016, the United States Department of Labor released final updates to the Fair Labor Standards Act (FLSA), extending overtime eligibility to over 4.2 million workers.  The key change is to double the salary threshold – from $23,660 to $47,476 per year ($455 to $913 per week) – under which most salaried employees are now guaranteed overtime pay.  Employers should immediately begin preparing to comply with the updates by the effective date of December 1, 2016. Previously, the FLSA’s salary threshold had been updated only once since the 1970s.  The change automatically entitles 35 percent of full-time salaried workers ...

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    Monday, May 23rd, 2016

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  • President Signs Bill Providing for a Federal Trade Secret Cause of Action

    On May 11, 2016, President Obama signed into law the Defend Trade Secrets Act of 2016 (“DTSA”), long-proposed legislation that establishes a federal trade secrets law.  Now companies seeking civil remedies for misappropriation of their trade secrets can bring their claim in federal court and obtain other remedies such as seizure orders and injunctive relief. Prior to the DTSA, plaintiffs had to resort to state courts to bring their trade secret claims, which often led to inconsistent results as states have their own interpretations of key issues including damages, what constitutes “reasonable measures” to secure secrecy, and even the statute of ...

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    Monday, May 23rd, 2016

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  • June 27 Deadline for Carbon Monoxide Compliance

    Commercial property owners, landlords, and tenants should be aware that compliance with New York State’s new carbon monoxide detector law must be satisfied by June 27, 2016.  The law requires that all commercial buildings with a carbon monoxide source be equipped with carbon monoxide detection.  Carbon monoxide sources include furnaces, boilers, heaters, stoves, and fireplaces that may emit carbon monoxide.  The requirements also apply to commercial buildings attached to a garage or other motor-vehicle related occupancy. Generally, each story of the building must have a centrally located carbon monoxide detector.  In those buildings with more than 10,000 square feet per floor, ...

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    Monday, May 23rd, 2016

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  • Hiring Tips from the Trenches

    As business owners, executives, and HR managers, we’ve all been there: a new employee who seemed so promising just doesn’t work out.  The person may have the relevant work experience but doesn’t seem to understand how to prioritize her responsibilities.  Or perhaps the person is an all-star at the job, but isn’t getting along with other employees.   Maybe you can’t even tell if the person would be good at the job because he spends the whole day texting in his office. I’ve done a lot of hiring over the years – what started as a firm of two lawyers less than ...

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    Monday, May 23rd, 2016

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  • What You Should Know About Pesticides on Your Lawn

    Spring is here and with it, our thoughts turn to battling weeds.  To wage our battles, we often hire landscapers and, after signing the contract, put our trust in these people to ensure that our lawns stay lush green and dandelion-free.  However, what many homeowners do not realize is that the use and application of pesticides by commercial providers is highly regulated by the New York State Department of Environmental Conservation (“DEC”).  Knowing some of the basic rules can help property owners understand their rights and make sure that the applications are made in a safe and compliant manner. The first ...

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    Monday, May 23rd, 2016

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  • Due Diligence Is Key Before Buying a Business, Experts Say

    By Cara Trager Last year, the acquisition of a Long Island company came to a grinding halt — following the surveillance of its CEO. “We uncovered that he would go at night into the city and buy street drugs,” said Efrat Cohen, executive director of Boca Raton-based Global Intelligence Consultants, which had trailed the CEO for a client who had considered acquiring his firm. While following a top executive may seem excessive, there’s no such thing as overdoing due diligence before buying a business, say consultants and those who have bought and sold Long Island companies. At the very least, hire a lawyer ...

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    Sunday, May 22nd, 2016

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  • CMM Wins Corporate Citizenship Award

    In recognition of its community engagement, Campolo, Middleton & McCormick, LLP, Suffolk County’s premier law firm, was selected to receive a 2016 Corporate Citizenship Award from the Long Island Business News in the category of Corporate Social Responsibility.  The awards program recognizes companies and individuals who believe that practicing good corporate citizenship contributes to the economic and social well-being of employees, businesses, and the Long Island community. The awards were presented at a celebratory breakfast on June 14 at Crest Hollow Country Club in Woodbury. Campolo Middleton was recognized for having community dedication “woven into its DNA,” with attorneys serving in ...

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    Friday, May 13th, 2016

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  • Practice Areas to Focus on Business Growth and Entrepreneurship

    The firm has formalized its service offerings to emerging companies and businesses seeking to expand by establishing two additional practice groups, Startups and Economic Development.  Led by Marc Alessi, a former New York State Assemblyman and an experienced navigator of the entrepreneurial ecosystem on Long Island, these practices are dedicated to the growth of Long Island business.  Our team works with entrepreneurs to help startups evolve from idea to reality.  To further our commitment to bringing jobs and investment to our area, we also assist both long-established companies and innovative startups obtain financing and economic incentives through various municipal agencies.

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    Friday, May 13th, 2016

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  • New York Joins Handful of States Guaranteeing Paid Family Leave

    On April 4, Governor Andrew Cuomo signed into law an unprecedented bill establishing a state-wide paid family leave program, adding New York to the short roster of states—including California, New Jersey, and Rhode Island—that guarantee paid family leave. The law, part of the 2016-2017 State Budget, allows workers across New York State to take paid leave (1) to bond with a new child (during the first 12 months after the child’s birth or adoption or foster placement of the child with the employee); (2) to care for a family member with a serious health condition; or (3) in certain situations arising ...

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    Thursday, May 12th, 2016

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Fred Eisenbud