On January 1, 2024, the federal Corporate Transparency Act (“CTA”) will take effect. It mandates new reporting requirements for millions of businesses operating in the United States. Congress passed the act to prevent money laundering and other illicit activities. However, the CTA’s impact is far-reaching as it requires qualifying companies to… Read More
Bernkopf, a leading Boston-based law firm, proudly announces that five partners have been honored in Boston Magazine’s Top Lawyers of 2023 issue. This prestigious recognition highlights the firm’s commitment to delivering exceptional legal services and its standing in the legal community. The honored attorneys are: Eric Allon… Read More
Bernkopf proudly announces that several of its attorneys have been recognized in the 2023-2024 Super Lawyers List. The Super Lawyers selection process, renowned for its rigorous methodology, honors lawyers with significant peer recognition and professional achievement. We are thrilled to highlight that the following Bernkopf attorneys have been named to… Read More
Commercial landlords are breathing a collective sigh of relief following yesterday’s release of Cummings Properties, LLC v. Hines, a major decision from the Massachusetts Supreme Judicial Court (SJC) on the validity of acceleration clauses in commercial leases. Acceleration clauses are a form of liquidated damages in which a defaulting tenant… Read More
Bernkopf, a prominent Boston-based law firm, is pleased to announce the latest addition to its esteemed legal team, Zoe Krey. Joining as an associate in the litigation department, Zoe will assist clients through complex business and commercial challenges, leveraging her robust legal research skills and a keen eye for detail. Read More
Landlords and other holders of standby letters of credit will be surprised to learn about Friday’s important Massachusetts Appeals Court opinion, Proquip Limited vs. Northmark Bank. The holder (known as the beneficiary) has access to cash up to the full amount of the letter of credit by “drawing down” on… Read More
Bernkopf is proud to announce that ten of its outstanding attorneys have been recognized in the 30ᵗʰ edition of The Best Lawyers in America®, one of the legal industry’s most esteemed accolades. The distinguished attorneys and their areas of recognition are: Eric R. Allon, Real Estate Law Lydia G. Chesnick,… Read More
Over the past decade, there has been an escalating financial cyber threat called Business E-mail Compromise (BEC), often referred to as the “Man in the E-mail Scam.” The most recent statistical data from the FBI reveal that there were more than $50 Billion in domestic and international dollars lost… Read More
This article appeared in the New England Real Estate Journal on April 21, 2023. With rising interest rates, inflation and escalating concerns about raising and borrowing funds, these are challenging times for life science tenants and their landlords. However, even in this environment, the decommissioning of lab space and securing… Read More
Part of our practice involves permitting, zoning, and other appearances before municipal boards. As part of that process, we often advise our clients as to the proper decorum surrounding such appearances and the role the client should play. Just yesterday, the Massachusetts… Read More