News

NICHOLS TO SERVE AS CHAIR OF AMHERST CHAMBER OF COMMERCE’S BUSINESS RESOURCE COUNCIL

January 2010

Gretchen M. Nichols will be serving as the 2010 Chair of the Amherst Chamber of Commerce’s Business Resource Council (“BRC”). The BRC serves as an "advice giving" council to the Amherst Chamber of Commerce on issues affecting both the Chamber and the business community. It develops, maintains and provides educational, networking and promotional opportunities for members of the Chamber, specifically tailored to the needs of small business owners, managers and employees. In addition to her role as Chair, Ms. Nichols will be sworn in as a member of the Chamber’s Board of Directors on January 29, 2010 at the Chamber’s Annual Luncheon.

NICHOLS NAMED AS NEW PARTNER

January 2010

NESPER, FERBER & DiGIACOMO, LLP is proud to announce that Attorney Gretchen M. Nichols has become a partner with the firm. Ms. Nichols has been affiliated with the firm since 2001 and concentrates her practice on business and corporate law.

DIGIACOMO RECOGNIZED BY WHO’S WHO IN LAW 2009

September 2009

NESPER, FERBER & DiGIACOMO, LLP is proud to announce that Partner Richard F. DiGiacomo has been recognized once again in the annual “Who's Who in Law” listing in Business First and the Buffalo Law Journal. Attorneys were selected by Western New York lawyers and judges asked to identify the top lawyers in the area. Mr. DiGiacomo was also recognized in Who’s Who in Law 2008.

Mr. DiGiacomo has also been acknowledged by “The Best Lawyers in America” for the past ten consecutive years.

NEW POWER OF ATTORNEY LAW IN NEW YORK STATE

September 2009

On September 1, 2009, amendments to Section 5-1501 of the New York General Obligations Law went into effect regarding the statutory requirements of powers of attorney executed by individuals within the State of New York.

Among other things, the new law requires that all short-form powers of attorney and non-statutory powers of attorney executed by individuals within the State of New York, including those executed by non-residents of the State of New York, be signed and notarized by both the agent and principal; and contain the exact wording set forth in Section 5-1513 of the New York General Obligations Law relating to "Caution to the Principal" and "Important Information for the Agent."

Powers of attorney executed prior to September 1, 2009 will remain valid; however, if an individual executes a subsequent power of attorney on or after September 1, 2009, it will revoke all prior powers of attorney granted by that individual (including unrelated powers of attorney), unless the newly executed power of attorney provides otherwise.

Please contact one of our attorneys for additional information.