In Park7 Student Housing, LLC v. PR III/Park7 SH Holdings, LLC, 2025-0167-MTZ (Del. Ch. June 20, 2025), the Delaware Court of Chancery denied the plaintiffs’ request for a temporary restraining order (TRO) that would have blocked the sale of six student housing properties, finding that the Continue Reading
Mansion and Controlling Interest Transfer Tax Amendments Signed Into Law: Buyers and Sellers Must Move Fast to Avoid Rate Increase
On Tuesday, July 1, Governor Phil Murphy signed into law Senate Bill S4666/Assembly Bill A5804 (collectively, the Bill), which impacts certain transfers of real property. The Bill amends the existing fees imposed on certain residential, agricultural, and commercial real property transfers, commonly Continue Reading
What to Do Now That the USPTO Accelerated Examination Program Is Ending
The US Patent and Trademark Office (USPTO) introduced the Accelerated Examination program in 2006 to help applicants receive expedited examination of important patent applications. The USPTO is ending the Accelerated Examination program on July 10, 2025, for utility patent applications, as we noted Continue Reading
New Jersey Enacts FY 2026 Budget: Key Takeaways
New Jersey has enacted its Fiscal Year 2026 budget, with the Legislature passing a $58.78 billion spending plan ahead of the July 1 constitutional deadline. The final budget reflects an increase of approximately $727 million over Governor Phil Murphy’s original proposal in February. The budget Continue Reading
SCOTUS Limits Sentencing for Supervised Release Violations to Rehabilitation
In a 7-2 decision, the United States Supreme Court has limited the factors a district court can consider when sentencing a defendant for a revocation of supervised release. The Supreme Court held that district courts cannot consider “retributive considerations,” such as the seriousness of the Continue Reading
Perspectives: A Warning to Policyholders—Contractual Suit Limitation Provision Traps
Business Insurance publishes an article authored by partners David Kane, Steven Weisman, and Gregory Horowitz on the importance of understanding suit limitation provisions in commercial insurance policies and provides practical steps to avoid disputes regarding them. Continue Reading
Compliance Note No. 12: ELEC Announces New Audits for 2025 Primary Candidates
With the 2025 New Jersey Primary Election behind us and the 20-Day Post Election report for participating candidates due by June 30, 2025, the Election Law Enforcement Commission (ELEC) has introduced a new enforcement initiative. During a recent public meeting, ELEC announced that legislative, Continue Reading
Shrinking Board Causes Sizable Tension: Delaware Court Clarifies Fiduciary Duties for Boards of Directors
In Vejseli v. Duffy, C.A. No. 2025-0232-BWD (Del. Ch. May 21, 2025), stockholders of Ionic Digital Inc. (Ionic) accused its classified board of directors (the Board) of breaching its fiduciary duties by passing a resolution that impeded the stockholders’ ability to elect directors to the Board. The Continue Reading
USPTO Discontinues Accelerated Examination for Utility Patent Applications, but Track 1 Remains a Good Option
The USPTO recently announced that the Accelerated Examination program will be discontinued as of July 10, 2025. Given that the program has had limited use over the past decade, with fewer than 100 Accelerated Examination requests being filed yearly since 2014, this will have limited impact on the Continue Reading
Don’t Get Caught in Scattered Spider’s Web
The cybercrime group known as Scattered Spider is at it again, according to Google’s Threat Intelligence Group. This criminal group is known to focus its cyber attacks on one sector at a time. Last spring, it was the retail industry; more recently, the insurance industry has been hit. Members of Continue Reading