All the latest firm news and industry updates from Whiteman Osterman & Hanna.

Acquiring or selling a business can be a daunting task, even more so when the business holds one or more liquor licenses. To ensure a successful outcome, it is important for you to understand the threshold issues for transactions generally, as well as those unique to these types of transactions so you can hopefully avoid common pitfalls.Asset vs. equity purchaseFirst, the type of purchase – asset vs. equity (stock or membership interest) -- is not only the key to the structure of the [...]

Read More ›

Over the past year, television and radio commercials have touted the benefits of making a refund claim for Employee Retention Credits (ERC). While many business owners have received significant refunds and more business owners are contemplating making claims, the IRS has cautioned taxpayers to be wary of ERC promoters. Because the IRS sees this as an issue with significant risk of abuse and fraud, experts believe that ERC claims will be a focus of IRS audits in the near future.Summary of [...]

Read More ›

Obtaining a liquor license in the state of New York can be a complicated process, and the ongoing backlog at the New York State Liquor Authority (the SLA) is resulting in application processing times of between six and eight months; however, in many cases, applicants may be able to obtain a temporary permit to operate while the application is reviewed.If you are thinking of starting or purchasing a business requiring a liquor license, there are a number of threshold issues to consider before you [...]

Read More ›

Whiteman Osterman & Hanna LLP, the Capital Region’s largest law firm, has announced that Kelsie Harris has joined the Firm as an Associate in the Business, Corporate and Commercial Practice Group. In her new role, Harris will provide comprehensive legal counsel to businesses, financial institutions, funds, not-for-profits and individuals in connection with significant corporate transactions and government matters. She will also assist with tax planning strategies for clients in mergers [...]

Read More ›

Whiteman Osterman & Hanna LLP, the Capital Region’s largest law firm, is pleased to announce that Bradley Schober has joined the Firm as an Associate.Bradley Schober received his Juris Doctor from Emory University School of Law. A summa cum laude graduate of Loyola University, Maryland, Mr. Schober received his Bachelor of Business Administration degree majoring in International Business. Mr. Schober will be practicing with the Firm’s Business, Corporate and Commercial [...]

Read More ›