February, 2019

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Developing IP Strategy for FDA-Regulated Drug Products Requires Special Considerations

More Than Your Mark

Despite the widely diverging needs of the different industries that make use of the US patent system, US patent law applies essentially the same rules to innovations from all technology fields. This means that drug and biotechnology-based inventions are treated no differently by the U.S. Patent and Trademark Office (USPTO) as inventions in fields such as computer science, information technology, household consumer products, financial services, and industrial chemicals, etc.

IP 52
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My Condominium Needs To Perform A Major Capital Improvement Project - What Do We Do?

GDB Firm Blog

Many of our condominium clients face expensive capital improvement projects. While cooperatives can obtain a traditional mortgage loan by pledging their building as collateral, condominiums cannot do this. But there is still a way for condos to finance their projects.

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Welcome to our Banking and Financial Institutions Blog

GDB Firm Blog

Welcome to the Gallet Dreyer & Berkey, LLP Banking and Financial Institutions Blog. Our firm provides legal services to a wide range of banks and other financial institutions, from some of the smallest in New York to some of the largest in the world. Every week, we encounter one or more tidbits of legal information, or legal issues, that we want to share with our clients and others in the industry.

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A Co-op Shareholder or Resident Causing Unending Misery in the Building? What Can Be Done?

GDB Firm Blog

?Unfortunately, many boards and managing agents of New York City cooperatives report continuing problems with shareholders who are always doing something to annoy their neighbors or who continually break co-op rules. What can be done? Fortunately, most proprietary leases provide the co-op with a choice of two remedies.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?

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"Last Day Of Work" - Is That Really Unclear?

GDB Firm Blog

A subcontractor's mechanic's lien was dismissed as untimely when it was determined that the subcontractor's last few months of work did not count as work performed pursuant to the underlying contract.

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Supreme Court Sets New Limitations on the Law Enforcement Power of Civil Forfeiture

GDB Firm Blog

Often the Supreme Court opinions which are released to the least fanfare can have the biggest impact. While the Supreme Court decision in Timbs v. Indiana released on February 20, 2019, does not have the cachet of the decisions regarding the Affordable Care Act or equality in marriage, it does set a new and important limitation on the right of the police to seize property that was used in the commission of a crime.

Law 40

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Dead Men Don't Pay

GDB Firm Blog

As a landlord (especially in a Cooperative), you want to make sure maintenance is timely paid, as the building's own financial obligations are dependent on that income. But sometimes in the haste to get paid, some basic facts are overlooked or not even known.

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Advice on Consent: Holding a Landlord Liable on a Lien Filed for Tenant Work

GDB Firm Blog

An apparent split between Appellate Divisions has finally been resolved by the Court of Appeals. The Court of Appeals held that a landlord can be liable on a mechanic's lien filed by a contractor which only performed work for a tenant in the building. The landlord's "consent" could be found in provisions in the lease requiring specific improvements.

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Freedoms With Property Ownership Are Not Absolute - Your Rights As An Owner Resident In A Multiple Dwelling

GDB Firm Blog

For many - one of the allures of owning real estate in Manhattan is that owners are afforded certain liberties and freedoms that renters do not otherwise have. However, unit ownership in a multiple dwelling is not free from restriction.

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New Requirements Regarding Stove Knobs

GDB Firm Blog

Effective December 12, 2018, per Local Law 117 of the City of New York, the owner of a unit in a multiple dwelling must provide to its tenant(s) stove knob covers for each knob located on the front of each gas-powered stove where the owner knows or reasonably should know that a child under six years of age resides in the unit. Owners must also provide stove knob covers in a unit without a child under age six if the tenant requests them.

Law 40
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IPO Diversity in Innovation Toolkit

Women and diverse employees have the technical skill and knowledge, yet their contributions are not patented at the same rate as those of their male counterparts.This toolkit can help organizations move the needle on achieving gender parity in innovation.