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NFTs and Alcoholic Beverages

Last year non-fungible tokens, known popularly as NFTs, exploded onto the marketplace. 

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Illegal Sale Of Intoxicating Liquor And The Dram Shop Act

In order to limit liability, investors use corporations or limited liability companies to house restaurants, taverns, and package stores. 

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Search And Seizure And The New York State Liquor Authority

The State Liquor Authority (“SLA”) has broad powers to conduct searches under the Alcoholic Beverage Control (“ABC”) Law.

More Shipping, More Problems

Complications from Interstate Wine Sales are Now Coming into Focus. Out-of-state sales to New York wine drinkers pose a tremendous threat to package stores in New York, and the problem will likely exacerbate.

Limits of Corporate Liability

Accountability for Taxes and Conduct is Still Personal. The shield offered by a corporation or LLC will not protect a person from his or her own wrongful conduct.

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