About the Business Law Section

The Business Law Section, with a membership of approximately 4,500, is one of the largest Sections of the New York State Bar Association. Its members consist of attorneys whose practice involves some aspect of commerce or finance although the focus of the practice of the members is quite diverse – ranging from securities to consumer finance. To accommodate this breadth of practice, the Business Law Section is composed of committees which offer the practitioner with commercial clients information in such diverse areas as: Bankruptcy, Banking, Corporations Law, Franchise Distribution and Licensing, Derivatives and Structured Products, Securities Regulation and the constantly evolving area of Technology and Venture Law. These Committees hold separate meetings for the purpose of reviewing current developments in their areas. Members enjoy the benefits of participating in discussions relating to breaking developments in the business and financial services world and the opportunity to also expand their personal network of contacts within the profession. Attendance at some Committee meetings and other scheduled Section meetings can also serve to fulfill mandatory educational requirements.

The Section publishes the NY Business Law Journal which is designed to provide practice-oriented insight and guidance relevant to the business law practitioner, with special emphasis on lawyers who practice in the State of New York.

The Business Law Section has been in the forefront of introducing, monitoring and evaluating legal developments in the areas of business and finance on both federal and New York State levels. 

Meet the Chair

David W. Oppenheim - Business Law Chair 

David W. Oppenheim, Esq.
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2014: Business Law Section Year in Review

For June 1, 2014 - May 31, 2015 term

The Business Law Section continues to be one of NYSBA’s largest Sections, covering a wide range of substantive issues in the business and corporate law arena.

At the Section’s 2014 Fall Meeting in Manchester, VT, experienced practitioners presented on issues related to crowdfunding prior to SEC adoption of final rules; ethics for business lawyers; and “Views from the Bench,” featuring Justice Charles E. Ramos, Senior Justice of the New York Supreme Court Commercial Division. Breakout sessions examined franchise development, intellectual property licenses in bankruptcy proceedings, formation of start-up companies in technology and non-technology sectors, and gave “An Inside Look at the Regulators”—a panel discussion by three former state and federal senior bank regulators. Following the Section’s successful legislative advocacy which culminated in the adoption of the Non-Profit Revitalization Act of 2013, a plenary session at the Fall Meeting looked at major features of the Act, which represent the most significant changes to the Not-for-Profit Corporation Law since that statute was enacted in 1969.

The Section’s Annual Meeting, held in conjunction with the Corporate Counsel Section, featured cutting-edge topics of “The Business Survival Guide to Bitcoin” and “Privacy After the Breach: What it Means for Your Clients and Their Customers.”

In a Section that blankets a broad spectrum of business-related topics, Committees continue to be a vital component of Section activity, honing in on specific issues that impact the business law practitioner. Committee program topics this past year have included, among others: state court insolvency proceedings as an alternative to bankruptcy; developments in the Cayman Islands that impact private investment funds; insider trading; peer-to-peer lending; the SEC’s Money Market Fund Reform amendments; corporate and securities law guidance for startup and early stage companies; bankruptcy law issues in franchising; bank cyber security; current topics in public utility law, and derivatives and structured products law.

The 2015 David S. Caplan Award for Meritorious Service was presented to Samuel F. Abernethy, Esq. (Menaker & Herrmann LLP, New York, NY), in recognition of years of significant service to the Section.

The Section continues to keep abreast of current legislative issues, in particular advocating, as a NYSBA legislative priority, for amendments to State franchise law in order to conform to the Federal Trade Commission’s franchise rules. Members are kept up to date on important practice updates published in the Section’s NY Business Law Journal.

2013 Year in Review >