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Raising The Legal Age For Purchasing Of Tobacco Products Just before the end of the year, the Orange County Legislature introduced a local law which would raise the age of those permitted to purchase tobacco products within the County.  That law, entitled “Local Law To Raise The Legal Age For Purchase Of Tobacco Products In…

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  Kelly Pressler of Jacobowitz and Gubits Elected as Vice President of the Women’s Bar Association of the State of New York (WBASNY) The Women’s Bar Association of the State of New York (WBASNY) announced its incoming officers for 2017 at their 2017 Annual Convention held at Water’s Edge Resort and Spa in Connecticut, May…

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  Allison G. Cappella, Esq. of Jacobowitz & Gubits Graduates Leadership Orange Class of 2017 The law firm of Jacobowitz and Gubits, LLP (J&G) is pleased to announce that Allison G. Cappello, Esq. has graduated from the Leadership Orange “High Rollers” Class of 2017.  Allison Cappella, Esq., is an associate attorney with Jacobowitz and Gubits,…

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Update on Department of Labor’s Fiduciary Rule The United States Department of Labor (“DOL”) has proposed a new rule that would expand the definition of “investment advice fiduciary” under the Employee Retirement Income Security Act 1974 (ERISA).  This legislation, which was scheduled to be phased in April 10, 2017, will automatically elevate all financial professionals…

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David B. Gubits of Jacobowitz and Gubits Receives Fifty-Year Service Award  Honored by Orange County Bar Association   The Orange County Bar Association held its 106th Annual Awards and Business Dinner Meeting on May 4, 2017, at Falkirk Estate and Country Club in Central Valley, New York.  At this event, David B. Gubits, a partner…

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Exiting Unfavorable Contracts We work with someone that designs, manufactures and distributes certain goods internationally. Under prior management, they entered into an unfavorable contract granting to a particular company exclusive distribution rights in a very lucrative foreign territory. There was no minimum sales requirement. The contract also stated that it could be terminated only upon the…

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Challenging your New York State property taxes can be a complex process. The attorneys at Jacobowitz and Gubits have extensive experience in challenging real property tax assessments. Our knowledgeable Hudson Valley attorneys have challenged all types of property assessments including industrial plants, apartment complexes, strip malls, condominiums, subdivisions, farmland, and more. We can help you determine…

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Planning for Business Succession and Exit Congratulations on successfully building and growing your business. The odds were against you surviving more than 5 years[1], but you beat the odds. Have your thoughts now turned to retirement? Or cashing out? Planning for business succession and exit successfully will require as much planning as growing it. Business…

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New Minimum Wages Come to New York Now that we have entered 2017, there are six different hourly new minimum wages in effect in New York State. The one applicable to you, as an employer or an employee, depends on the location and size of the employer. As defined by this chart from the New…

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