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Reduce Fiduciary Risk with an Effective Investment Policy
Human-resource officers and managers are often asked to chair or sit on a retirement-plan committee responsible for administrative tasks. In this role, a committee member takes on fiduciary responsibilities to plan participants and beneficiaries, and can be held personally liable for fiduciary breaches under federal law. As legal counsel, we endeavor to manage this risk […]
Why Your Partnership Needs a Formal Agreement
If you are in business with a partner or partners, you need a formal agreement for the following reasons: Your business may already be a partnershipUnlike other types of business entities, such as a corporation or a limited-liability company, a partnership can be formed without any written agreement or filing with the government. New York
Tioga State Bank to open investment-services office in renovated Owego building
OWEGO, N.Y. — Tioga State Bank says it plans to move the Owego office of its Tioga State Investment Services unit to a building at
SUNY awards Upstate Medical grant to launch institute for precision medicine in cancer care
SYRACUSE, N.Y. — Upstate Medical University will use a grant of $575,000 to launch the SUNY Institute for Precision Cancer Research, Education and Care (IPCREC),
Bond, Schoeneck & King elects three new members in Syracuse
SYRACUSE, N.Y. — Bond, Schoeneck & King PLLC announced it has elected three attorneys in its Syracuse office as new members (partners) of the firm.
Tompkins Trust announces new DeWitt branch location
DeWITT, N.Y. — Tompkins Trust Company plans to open a new branch office in March at 6868 East Genesee St. at Lyndon Corners in the
People news: Arc of Seneca Cayuga hires new director of fiscal services
WATERLOO, N.Y. — Arc of Seneca Cayuga announced it has hired Melody Ponzi as associate executive director of fiscal services. Most recently, Ponzi was the
Haylor, Freyer & Coon announces new Private Client Division, three new hires
SALINA, N.Y. — The insurance agency Haylor, Freyer & Coon, Inc. announced it has launched a new Private Client Division and made three new hires.
People news: Chicago Title announces new hire and promotion
SYRACUSE, N. Y. — John Kenealy recently joined Chicago Title Insurance Company as VP and district manager of the Syracuse and Oswego branches, the company
Business Council unveils 2016 legislative agenda
The Business Council of New York State, Inc. contends that its 2016 legislative agenda focuses on the core improvements needed to improve the business climate throughout the state. “Gov. Cuomo and the state Legislature have made tremendous strides in recent years in improving our state’s business climate and the perception that New York is not
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