The Asian American Bar Association of New York (AABANY) congratulates Tax Committee Co-Chair Libin Zhang on his recent law review article about the proposed Pied-à-Terre tax impact on Real Estate in the New York Law Journal.
The article begins as follows:
It is no secret that the coronavirus pandemic has reduced New York City’s government revenues: sales taxes are down due to a decline in retail sales, there is less use of public transportation, and some individuals have moved out of the city. But as the late 20th century American proverb goes, in every crisis there is opportunity. A revised “pied-à-terre tax” has been introduced in both chambers of the New York State Legislature, which would create an annual property tax of up to 13.5% on certain residential properties with assessed values of $300,000 or more.
Although the latest pied-à-terre tax proposal is an improvement on prior versions, for example by no longer imposing the tax on most rental properties, some issues and questions remain. The tax, if enacted, may affect New York City real estate.
To read the full article, click here (subscription required).
The Asian American Bar Association of New York (AABANY) congratulates Issues Committee Chair, Asia Practice Committee Co-Chair and Board Director Chris Kwok on his recent article published on September 1, 2020 in the New York Law Journal entitled “Mediating Employment Disputes Ethically: Ensuring Quality and Fairness in the #MeToo, #BLM, #COVID-19 Era.”
In the article, Mr. Kwok begins by exploring the value of mediation and the importance of mediators upholding ethical standards to ensure a just process in the #MeToo, #BLM, #COVID-19 era. Mr. Kwok then delves into the novel challenges that virtual negotiations bring, ranging from the issue of confidentiality and stability of internet connections to the ethics of avoiding categorization of damages as reparations for sexual harassment.
In 2005, the American Arbitration Association, American Bar Association, and Association for Conflict Resolution promulgated the Model Standards of Conduct for Mediators that has since served as a central guide for mediators who encounter ethical conundrums. The article concludes by suggesting that the emergence of unprecedented technological and confidentiality concerns in a challenging time call for a potential revisitation of the Model Standards of Conduct and prompts readers to ponder the changing scope of ethical duties mediators need to take on.
On June 26th, the New York Law Journal announced the winners of the coveted 2020 Rising Stars category. This award recognizes the region’s most promising lawyers who are no older than 40 by the submission date. AABANY is proud to announce that three of the twenty seven recipients are members.
AABANY congratulates Ting S. Chen of Cravath, Swaine, & Moore, Jeffery Mok of Fish & Richardson P.C., and Ji Hye You of Schulte Roth & Zabel for impressive professional achievements and promise they have demonstrated thus far in their careers. Ting leads AABANY’s Corporate Law Committee as Co-Chair and Jeff leads AABANY’s Intellectual Property Committee as Co-Chair.
For further details and to read the official announcement, click here (subscription required).
The New York Law Journal featured “Child Care Must Be a Men’s Issue for True Equality,” a letter to the editor by Doris Ling-Cohan, AABANY member and Associate Justice for the Appellate Term, First Department.
Hon. Doris Ling-Cohan recalls the time she and her husband had to juggle child care responsibilities and their professional responsibilities. She notes what Judge Ruth Bader Ginsburg once said, that in order for there to be true equality for women child care cannot just be viewed as a women’s issue by society.
Congratulations to Chris Kwok, Director on AABANY’s Board and Chair of the Issues Committee and Co-Chair of the Asia Practice Committee, on being published in the New York Law Journal. Below is a quote from his article, which can be accessed by clicking the link above. Please note that to read the entire article, you must have a New York Law Journal subscription.
Given the historical exclusion of minorities from the legal profession, the lack of diversity in alternative dispute resolution (ADR) is not surprising. The diversity and inclusion issue is magnified by the unique features of the ADR field. Neutrals with diverse backgrounds can help administer justice in today’s increasingly diverse society, as they are a reflection of the people they serve. Of course, mere diversity is not enough; the meaningful inclusion of those diverse candidates in the industry is the next chapter of the ADR story.
The New York Law Journal recognized Jennifer H. Wu on October 10, 2018 with a Rising Stars Award, given to 29 of the region’s most promising lawyers under 40. Awardees are acknowledged for their influence in their practice areas in New York and beyond, developing unique practice niches, employing creative uses of technology, amassing robust books of business, demonstrating strong leadership qualities, showing expertise in litigation or transactional work, contributing to the improvement of their institutions, and committing themselves to pro bono, charitable and professional volunteer work.
Jennifer is a partner in Paul, Weiss, Rifkind, Wharton & Garrison LLP’s Litigation Department and focuses her practice on patent litigation matters. Jennifer frequently goes to jury and bench trials in federal district courts and trials before the International Trade Commission. She also represents clients in appeals to the U.S. Court of Appeals for the Federal Circuit and the U.S. Supreme Court. She has litigated patents in a wide variety of technical areas, with a particular emphasis on pharmaceuticals and biotechnology. Jennifer’s work on biologics includes litigating issues of first impression as to the BPCIA, and her patent litigation experience also extends to GPS devices, DNA sequencing technology, and medical devices.
Jennifer directs Paul, Weiss’s first pro bono project expressly for Asian Americans, helping parents of special-needs children obtain services from the New York City Department of Education. Jennifer has also worked with the Innocence Project for over a decade, including on eyewitness misidentification, death penalty, and Shaken Baby Syndrome issues. She is a Board member of the Federal Circuit Bar Association; co-chair of the Women’s Committee of the Asian American Bar Association of New York; a Board member of Friends of UNFPA, which supports the work of the United Nations reproductive health and rights agency; and an Advisory Board member of the NYU Law Alumni of Color Association.
For more information on this award, please click here (subscription required).
Please join us in congratulating Jennifer Wu on this well-deserved honor and recognition.
A carve-out in a state law passed this year as an amendment to the state education budget that exempts ultra-Orthodox Jewish schools from meeting minimum educational standards violates the establishment clause of the Constitution, an advocacy group alleges in a suit filed on Monday.
Quinn Emanuel Urquhart & Sullivan, representing the Young Advocates for Fair Education (YAFFED) group, which advocates for improving educational curricula in ultra-Orthodox schools, alleges in a suit filed in the U.S. District Court for the Eastern District of New York that the amendment effectively creates a “dual oversight” regime for yeshivas and for nonpublic schools in New York, which are required to give instruction that is “substantially equivalent” of that provided to public schools students.
Quinn Emanuel partner Eric Huang, who was also present for the news conference, said his clients would consider filing a motion for a preliminary injunction to stop the law from taking effect. Quinn Emanuel is taking the case on a pro bono basis.
“If the law is allowed to stand it will stand in the way of progress,” Huang said.
Please follow the link to read the rest of the article (subscription required).
We send our best wishes to longtime AABANY member Eric Huang for a successful outcome in this important case.
The New York City Bar Association held its annual Diversity & Inclusion Celebration Dinner on June 27 and honored three attorneys with the Diversity Champion Award. The award recognizes extraordinary individuals whose actions and activities within the legal profession, particularly in New York City, embody the Statement of Diversity Principles by facilitating “diversity in the hiring, retention and promotion of attorneys and in the elevation of attorneys to leadership positions within our respective organizations.”
Congratulations once again to AABANY Past President Susan L. Shin for receiving the New York City Bar Association’s Diversity and Inclusion Champion Award on June 27. She and her co-honorees Sheila Kearney Davidson and John Mbiti appeared in a New York Law Journal article about their achievement on July 3. For the full article and photo, follow the link in the title.