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Law, Accounting & Taxes
McMahon Law Firm acquired by Marrone Law Firm
SYRACUSE — A few weeks into the new year, Marrone Law Firm, P.C. of Syracuse finalized its deal to acquire the McMahon Law Firm of Camillus. Long-time attorney Steve McMahon decided to retire after nearly five decades of practice, the Marrone firm said in a Jan. 30 release. The combination became official in late January, […]
FTC seeking comment on rule to ban noncompete clauses
At the same time, such clauses can benefit employers, helping them protect client lists or trade secrets when employees leave, says Dawn Lanouette, a labor attorney with Hinman, Howard & Kattell, LLP in Binghamton. “A well-written noncompete is designed to protect an employer,” she says, adding that noncompetes are the only way many employers feel
DiNapoli issues report calling for state debt reform
ALBANY, N.Y. — New York State Comptroller Thomas P. DiNapoli recently released a report calling attention to the state’s high debt levels and recommending reforms to tackle the problem. He says the state has one of the nation’s highest debt levels, primarily because “measures to restrict the excessive use of debt have been circumvented over
Bowers enters Rochester market with acquisition
SYRACUSE — Syracuse–based Bowers & Company CPAs, PLLC has expanded its footprint into the Rochester marketplace. The accounting firm has acquired Robinson & Gordon Certified Public Accountants, P.C. of Rochester in a deal that became effective Jan. 1, per its Jan. 23 announcement. The two firms did not disclose financial terms of their agreement. Bowers
New Dermody, Burke & Brown CEO had been the firm’s longtime COO
SYRACUSE — Dermody, Burke & Brown, CPAs, LLC started the new year with a new CEO leading the Syracuse–based accounting firm. Carolyn Sturick had been the firm’s COO for the past 13 years. She succeeds Madelyn Hornstein, who has served as the firm’s CEO since 2010. As CEO, Sturick will focus on strategies to ensure
Fischman joins Barclay Damon as associate attorney
SYRACUSE — Barclay Damon LLP on Feb. 16 announced that Menachem Fischman has joined the law firm’s corporate practice area as an associate attorney. His primary office is at the firm’s headquarters in Syracuse. Fischman represents startups and established businesses in corporate, commercial, and investment transactions and provides general counsel to companies, entrepreneurs, and investors.
Harris Beach elects Syracuse attorney, Roy, as partner
SYRACUSE — Harris Beach PLLC announced it has elected attorney Brian Roy as a partner in the law firm. Roy focuses his practice on financial restructuring, bankruptcy, and creditors’ rights. Working from the firm’s Syracuse office, he represents creditors and debtors in bankruptcy cases across the country, according to a Harris Beach news release. Roy
New York law to prevent retaliation against lawful absences takes effect
ALBANY, N.Y. — A new state law that protects workers from retaliation against lawful absences from work went into effect Feb. 21. The law (Senate Bill S1958A and Assembly Bill A8092B) was signed last November by Gov. Kathy Hochul. It clarifies that it’s illegal for employers to threaten, penalize, discriminate, or retaliate against employees for
Ask Rusty: About Social Security’s “First Year Rule”
Dear Rusty: I’m considering filing for my Social Security (SS) at age 64 in February, before my full retirement age of 66 years and 10 months. I’m working full time and would like to continue earning until I meet the $21,240 limit for this year. When does the $21,240 limit go into effect? Does it
VIEWPOINT: Governor Hochul Vetoes Changes to Wrongful-Death Law
On Jan. 31, 2023, New York Gov. Kathy Hochul vetoed a bill designed to dramatically overhaul the state’s wrongful-death statute by permitting the family members of wrongful-death victims to recover for emotional distress. Under the current law, economic recovery for wrongful-death claims is primarily limited to the lost earning potential of the deceased individual. The Grieving
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