Annual Gala, Attorney Accolades, and Legal Updates
Posted: October 7th, 2021
Posted: October 7th, 2021
Posted: October 5th, 2021
By: Arthur Yermash, Esq. email
Tags: cannabis
Following the legalization of recreational marijuana and Governor Hochul being sworn in, the ball is finally rolling on establishing an Office of Cannabis Management (OCM) in New York State.
The OCM is the regulatory agency that will oversee New York’s legal cannabis industry. On September 1, the New York State Senate convened a special session to confirm Governor Hochul’s nominations: Chris Alexander as Executive Director of the OCM and Tremaine Wright as the Chair of the Cannabis Control Board (CCB). Alexander is a former policymaker for the Drug Policy Alliance and was involved in the creation of the Marijuana Regulation & Taxation Act. Wright is a former Assemblywoman and current Director of the Office of Financial Inclusion and Empowerment in the NYS Department of Financial Services.
OCM Executive Director Alexander’s role will be to oversee applications for licensing and permits for manufacturing, cultivating, processing, settling, storing and distributing cannabis. CCB Chair Wright will be responsible for the number of registrations, licenses and permits to be issued.
The approval of Governor Hochul’s picks means that New York State is moving closer to establishing regulations on cannabis licensing. The state legalized recreational marijuana this past spring after the issue took a backseat to the COVID-19 pandemic. Governor Hochul ordered the special session by saying she wanted “to jumpstart the long-overdue decisions pertaining to establishing cannabis in the state of New York.”
Following the NYS Senate’s special session to appoint New York’s cannabis regulators, on September 22, Governor Hochul announced her Cannabis Control Board member appointments: Ruben R. McDaniel, III and Jessica Garcia. As board members, McDaniel and Garcia will help create and implement the regulatory framework for New York’s cannabis industry. McDaniel is the President and CEO of the Dormitory Authority of the State of New York which provides construction, financing, and allied services. Garcia is Assistant to the President of the Retail, Wholesale Department Store Union, a national labor union representing workers along the food supply chain, as well as workers in non-food retail and healthcare.
The final two members of the five-person Cannabis Control Board include Adam W. Perry, Speaker Carl Heastie’s appointment, and Jen Metzger, Senate Majority Leader Andrea Stewart-Cousins’s appointment. Perry is an employment attorney, while Metzger is a former New York State Senator from the 42nd District.
Now that New York’s Cannabis Control Board is officially complete, and the Office of Cannabis Management has a director, that means that the regulatory process of legal marijuana can start to move forward with steps towards licensing, cultivation, production, distribution, sale, and taxation.
Visit our Cannabis Law practice area page to learn more about cannabis regulations, compliance, and licensing.
Posted: September 30th, 2021
Tags: environmental law
This article by Frederick Eisenbud, head of CMM’s Environmental & Land Use practice, was originally published in The New York Environmental Lawyer (2021 Vol 41, No. 1), a publication of the Environmental and Energy Section of the New York State Bar Association, under the title, “A Better Solution Was in Plain Sight: Amend CPLR 214-c to Conform to the Requirements of CERCLA’s Federally Required Commencement Date.”
On November 4, 2019, Governor Andrew Cuomo signed into law New York Civil Practice Law and Rules (CPLR) 214-h, which appears to provide an open-ended statute of limitations for providers of public water claiming injury to their water source from contamination.1 This article (1) outlines the scope of CPLR 214-c which was enacted in 1986, and how it was applied to water suppliers prior to the adoption of CPLR 214-h; (2) outlines New York State Department of Health (DOH) regulations applicable to water providers and how they impact the running of the applicable statute of limitations; (3) shows that, pursuant to CPLR 214-c, DOH limits for contaminants in potable water do not have to be exceeded in order for the CPLR 214-c statute of limitations to be triggered; (4) discusses the expanded statute of limitations for water suppliers created by CPLR 214-h; (5) analyzes whether CPLR 214-h is to be retroactively applied and if it is, whether it will apply if the statute of limitations in CPLR 214-c otherwise would bar a claim prior to the adoption of CPLR 214-h; (6) argues that the provisions of CPLR 214-h which provide virtually open-ended time for water suppliers to commence an action for damages arising from contamination are inconsistent with sound public policy and may have unintentional adverse consequences for water purveyors; (7) concludes that CPLR 214-h should be rescinded and CPLR 214-c amended to provide a proper balance of rights that will further the goal of permitting water districts to recover their costs from responsible parties without undermining the purpose of having a statute of limitations; and (8) provides, as an Appendix, a proposed amendment to CPLR 214-c that will address the concerns of water providers without the potential adverse impacts created by CPLR 214-h.
Posted: September 30th, 2021
Campolo, Middleton & McCormick, LLP is proud to announce that ten attorneys at the firm, in multiple practice areas, have been named to the 2021 Super Lawyers list, three of them as a “Rising Star.” The CMM attorneys recognized this year, in practice areas including Business and Corporate, Personal Injury, Real Estate, Business Litigation, Mergers & Acquisitions, Construction Litigation, Employment Litigation, Civil Litigation, and Appeals, are:
The rigorous Super Lawyers selection process is based on peer evaluations, independent research, and professional achievement in legal practice. The “Rising Stars” recognition denotes superior professional achievement by attorneys who have been in practice for under 10 years or are under age 40. No more than 2.5 percent of lawyers in New York State are named to the Rising Stars list.
Learn more about CMM’s outstanding legal professionals here.
Posted: September 15th, 2021
Demonstrating the breadth of our industries served, CMM’s M&A team recently closed a deal in the performing arts space, representing our client in the sale of her dance studio. The innovative studio, a staple of the community for decades, specializes in various styles of dance including tap, ballet, jazz, lyrical, hip hop, and contemporary. The Suffolk County-based dance school brought their classes to Zoom during the pandemic and left a hybrid model in place after reopening for in-person classes, seeking to bring the art of dance to clients in a variety of settings.
CMM’s team, led by Partner Don Rassiger, worked diligently to push the deal to closing despite pandemic-related delays and a last-minute issue regarding the client’s PPP loan. The sale will allow the business to remain an important part of the local community for generations to come.
Innovative businesses need innovative lawyers, and the successful sale of the dance studio demonstrates CMM’s versatility and experience in handling M&A transactions across a wide variety of industries. Call us at (631) 738-9100 for guidance on your next sale, purchase, or restructuring.
Posted: September 13th, 2021
By: Arthur Yermash, Esq. email
Tags: coronavirus, labor & employment
This month, Governor Hochul announced that the Commissioner of Health has designated COVID-19 as a “highly contagious communicable disease that presents a serious risk of harm to the public health under New York State’s HERO Act.”
Former Governor Cuomo had previously signed the NY HERO Act into law on May 5, later amending the legislation in three main areas on June 11. The NY HERO Act requires employers to develop airborne exposure prevention plans and communicate them to employees. Under Governor Cuomo, the plans were required to be adopted by August 5 but were not required to be in effect. Now, Governor Hochul’s designation requires that the airborne infectious disease exposure prevention plans be activated by employers and abided by employees.
CMM will continue to provide updates. For guidance on the NY HERO Act or adopting your own prevention plan now that plans must be activated, please contact us.
For more information on the NY HERO Act, read CMM’s “What Employers Need to Know about HERO Act Obligations” article here.
Posted: September 13th, 2021
By: Arthur Yermash, Esq. email
Tags: coronavirus, labor & employment
On September 9, President Biden announced his six-part plan to combat the COVID-19 pandemic and Delta variant. Among these six points include vaccine mandates for employers with 100+ employees. Here, a look at Biden’s plan and what employers need to know regarding the new vaccine mandates.
The Biden administration has directed the Department of Labor’s Occupational Safety and Health Administration (OSHA) to develop a rule requiring all employers with more than 100 workers to introduce regular weekly testing or mandate the COVID-19 vaccine through an Emergency Temporary Standard (ETS).
A senior White House official has been quoted as suggesting that any business that does not comply with the new rules could face up to $14,000 in fines per violation; however, whether this ultimately becomes part of the OSHA rules remains to be seen. Companies will have to pay for the testing, but could be allowed to pass the cost on to their employees.
The mandatory vaccine or weekly testing will be implemented and enforced through OSHA’s ETS; however, no regulations have been released yet, which means there are no compliance dates as of this writing. When the ETS is released, it will most likely include similar guidance as the COVID-19 healthcare ETS that became effective this past June. The ETS will most likely supply fact sheets and summaries about the rule as well as implementation presentations and checklists. As for enforcement, OSHA will need to provide inspection procedures to establish uniform enforcement for employers.
While earlier this year New York implemented up to four hours of paid leave to receive the COVID-19 vaccine (see DOL details here), OSHA will require employers with more than 100 employees to provide paid time off for the time it takes for workers to get vaccinated or to recover if they are under the weather post-vaccination. This requirement will be implemented through the ETS as well and the details remain to be seen.
This action builds on the vaccination requirement for nursing facilities and will apply to nursing home staff as well as staff in hospitals around the country. This includes clinical staff, volunteers, and staff who are not involved in direct patient, resident, or client care.
CMM will continue to provide updates on the implementation of the “Path out of the Pandemic” plan. If you have questions on the new vaccine or testing mandate, please contact us.
Posted: September 9th, 2021
CMM’s ability to bring multifaceted deals across the finish line was in full display when our Corporate team recently closed a deal that was months in the making for a longtime client. Our client, a leader in developing service management AI (artificial intelligence) technology for businesses across the globe, has been a target for many investors over the years. With a reputation for innovation through breakthrough techniques and financial success, our client leverages AI for maximum impact.
To that end, as part of a large investment transaction, the technology leader recently underwent a recapitalization of its shares, in which the company issued new shares of certain stock and effectuated a reverse stock split with respect to other series of stock. CMM’s team, led by Senior Associate Vincent Costa, handled all of the company’s corporate formalities and negotiated on behalf of our client, successfully executing a stock purchase agreement.
CMM also helped negotiate the terms of a multimillion-dollar loan agreement, which our client used to enter into an M&A transaction with another large-scale tech firm. While navigating a series of complicated transactions is never easy, CMM’s team always rises to the challenge. Let us put our experience to work for your next corporate deal and contact us.
Posted: August 26th, 2021