NFTs and Alcoholic Beverages
Last year non-fungible tokens, known popularly as NFTs, exploded onto the marketplace.
Last year non-fungible tokens, known popularly as NFTs, exploded onto the marketplace.
In order to limit liability, investors use corporations or limited liability companies to house restaurants, taverns, and package stores.
The State Liquor Authority (“SLA”) has broad powers to conduct searches under the Alcoholic Beverage Control (“ABC”) Law.
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.
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.