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Corporate & Business

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Carmody Torrance Promotes Three to Partner

January 10, 2023
https://www.law360.com/pulse/articles/1563389/carmody-torrance-promotes-3-to-partner Carmody law firm elevates three to partner | New Haven BIZ

Carmody Torrance Sandak & Hennessey Elects Three to the Partnership

January 06, 2023
New Haven, Connecticut, January 6, 2023 — Carmody has elected three of its lawyers to the partnership effective January 1, 2023. Commenting on the promotion of the new partners, Managing Partner Rick Street said: “Stephanie, Janie and Tamara are all dedicated, smart lawyers who have made significant contributions to the
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As crypto enters the compensation world, Startups should walk before running

April 11, 2022
The use of cryptocurrency is starting to gain a substantial foothold in employment and compensation according to the U.S. Department of Labor. For startup companies and other employers, this trend should call for both excitement and caution. First, last month the DOL’s Employee Benefits Security Administration published a compliance assistance
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Treatment of Environmental Liabilities in Bankruptcy

January 25, 2022
Attorneys Pamela Elkow and Thomas Sansone co-authored the chapter “Treatment of Environmental Liabilities in Bankruptcy” in the American Bar Association’s Environmental Aspects of Real Estate and Commercial Transactions – 5th Edition.

Carmody Advised New Opportunities in the Development of CT Food4Thought

January 24, 2022
Carmody advised its long time client New Opportunities in the development of CT Food4Thought, a project that is focused on increasing the availability of locally grown produce to communities while providing training and employment opportunities in an agricultural environment. The project also aims to increase the unrestricted revenue to support
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Carmody Torrance Sandak & Hennessey Elects Five Attorneys to the Partnership

January 04, 2022
Carmody has elected five of its lawyers to the partnership effective January 1, 2022. Commenting on the promotion of the new partners, Managing Partner Rick Street said: “All five of these talented lawyers have made significant contributions to the firm and their communities. Every day these attorneys are steadfast in
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Carmody Continues Growth with Six New Attorneys

December 02, 2021
Carmody  welcomes six new associate attorneys to the firm, demonstrating the firm’s continued growth across its offices and practices. Gideon Asemnor (New Haven) joins the firm’s Litigation practice. Before joining Carmody, Gideon practiced in the areas of professional liability, construction law, product liability, and commercial litigation at a firm in
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Carmody Torrance Sandak & Hennessey LLP Welcomes Timothy S. Klimpl As Counsel

October 14, 2020
Timothy Klimpl, of New Canaan, Connecticut has recently joined Carmody Torrance Sandak & Hennessey LLP as Counsel in the firm’s Stamford office. Tim is a seasoned attorney with experience providing ERISA advice and related services to a variety of plan sponsors and employee benefit plans, including corporate, nonprofit, multiemployer and
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The Small Business Reorganization Act (“SBRA”): Small Business Options for PPP Loan Forgiveness

June 22, 2020
Back in March, Congress enacted the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, previously detailed here. The PPP authorized unsecured loans to businesses with up to 500 employees along with loan forgiveness for businesses meeting certain restrictions and guidelines for employee retention and
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Remote Member Meetings for Connecticut Nonstock Corporations During the COVID-19 Emergency

May 15, 2020
On Wednesday, May 13th, Governor Ned Lamont issued Executive Order NN temporarily permitting Connecticut nonstock corporations to conduct member meetings, including annual meetings, remotely. This Executive Order allows Connecticut nonstock corporations to hold member meetings and conduct corporate business without in-person gatherings during the COVID-19 emergency. Executive Order NN creates
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Loans and Tax Incentives for Businesses Under the CARES Act

April 04, 2020
On March 27th, 2020, Congress enacted the Coronavirus Aid, Recovery, and Economic Security Act (“CARES Act”) to provide relief to struggling businesses through the newly expanded SBA Section 7(a) Paycheck Protection Program, the amended SBA Economic Injury Disaster Loan program, SBA Emergency Grants, and Mid-Size Business direct loans. 7(a) Loans—Paycheck
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COVID-19 Contract and Insurance Issues

March 30, 2020
Dear Clients and Friends, Our team of business, real estate, and litigation lawyers are available to answer your questions about some of the most pressing COVID-19 contract and insurance issues faced by our business clients. Our lawyers are using WebEx and Zoom to counsel clients, negotiate transactions, and try to
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Carmody Elects Richard L. Street as New Managing Partner

February 06, 2020
Carmody Torrance Sandak & Hennessey LLP has elected Richard L. Street as the firm’s Managing Partner, effective February 1, 2020. Previously, Rick has served as Assistant Managing Partner of the firm and as Practice Group Leader of the firm’s litigation group. Outgoing Managing Partner Ann Zucker said, “Rick has a
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New Laws Help Establish Land Banks

July 09, 2019
Vacant buildings and blighted neighborhoods challenge redevelopment in Connecticut cities.  Two statutes awaiting Governor Ned Lamont’s signature provide a time-tested avenue for redeveloping these urban areas.  The new laws enable municipalities to form nonstock corporations, referred to as “land banks”, to take title to, rehabilitate and convey abandoned and blighted
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