Blog
  • Recent Pennsylvania Holding on Restrictive Covenants

    By:  Stuart R. Lundy, Esquire In a recent Lawrence County, Pennsylvania, case the court heard a case filed by the buyer of the assets of an accounting firm.  The parties had a written  Asset Purchase Agreement (“APA”) that contained a restrictive covenant precluding the seller from using its trade secrets after closing.  In the lawsuit, […]

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  • Recent Pennsylvania Supreme Court Ruling on Removal of a Trustee

    By:  Stuart R. Lundy, Esquire One of the key issues in preparing a trust is to insert language to allow for the removal and replacement of a trustee without judicial approval.  Why?  The Pennsylvania Supreme Court recently unanimously ruled that the Pennsylvania Uniform Trust Act (the “Act”) does not allow the removal of a trustee, […]

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  • Pennsylvania Superior Court Awards Residential Tenant Treble Damages in UTPCPL Action

    By:  Stuart R. Lundy, Esquire Recently, the Pennsylvania Superior Court awarded trouble damages to a tenant in an action against his landlord in an action for violation of the Unfair Trade Practices and Consumer Protection Law (“UTPCPL”).  In Nexus Real Estate, LLC v. Erickson, 2017 WL 2536524 (Pa. Super Ct. June 12, 2017), the Court […]

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  • IRS Extends Time for Federal Estate Tax Portability Election

    By:  Stuart R. Lundy, Esquire On June 9, 2017, the IRS issued a revenue ruling that provides a more liberal time frame for certain estates to make the federal estate tax portability election.  The portability election allows a surviving spouse to claim their deceased spouse’s unused portion of the federal estate tax exemption and add […]

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