May 17, 2018

Michael Emanuel featured in “Former Investment Management GC and CCO Joins Stroock As Partner in New York”

The Hedge Fund Law Report | Michael Emanuel, a partner in Stroock’s Private Funds Group, was featured in a Hedge Fund Law Report article that discusses Mr. Emanuel joining the firm. (subscription required)


Join Kevin Matz and Anita Rosenbloom on May 24 at the New York State Society of Certified Public Accountant's Annual Estate Planning Conference

Kevin, serving as conference chair and chair of the sponsoring committee, and Anita will be featured speakers as part of the "Recent Developments in Estate and Tax Planning" panel. Kevin and Anita are partners in Stroock's Private Client Services Group.

  • May 22-23, 2018 - Financial Research Associates' The Private Investment Fund Tax Master Class
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  • May 24, 2018 - NYSSCPA Annual Estate Planning Conference
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  • June 14, 2018 - PLI's CFIUS in a Time of Change: How Investors and Counsel Must Adapt to a Changing Environment for Foreign Investment Reviews
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    Mayor de Blasio Signs “Stop Sexual Harassment in NYC Act”

    On May 9, 2018, Mayor Bill de Blasio signed the Stop Sexual Harassment in NYC Act—11 bills that address sexual harassment in the workplace. The Act expands sexual harassment protections under the New York City Human Rights Law, including requiring annual anti-sexual harassment training and distributing information about sexual harassment to employees.

    This Stroock Special Bulletin examines provisions that will impact all private employers throughout New York City.


    “LIBOR Evolution: The Shift to the Waterfall Methodology”

    On Wednesday, April 25th, Intercontinental Exchange, Inc. announced that ICE Benchmark Administration Limited published a new LIBOR report on its website, “ICE LIBOR Evolution.” The report touches on LIBOR rates today, including current calculation methodologies, but shifts to focus on the effort to strengthen LIBOR, with the transition to the Waterfall Methodology.

    This Stroock Special Bulletin summarizes the new developments.


    “Title Insurance: Is the Sky the Limit?”

    In 2017, real estate sale and purchase numbers continued to rise. The largest single property sale reported in New York City in 2017 was the sale of 245 Park Avenue, for a purchase price of $2,210,000,000. As 2018 begins and with real estate values at these astronomical levels, with no ceiling in sight for trophy New York City assets, this is a propitious time to step back and analyze the financial capability of the major title insurance companies to provide title insurance in New York on large-liability owner and lender title policies.

    This Stroock Special Bulletin explores the NYS Department of Financial Services Maximum Risk numbers for title insurance, self-imposed risk limits and reinsurance, and the importance of reviewing Form 9 financial statements and agency ratings.