David Lacher

Consummate legal professional bringing creative solutions to the legal challenges of modern times for clients in the areas of Wills, trusts, estate planning and estate administration; real estate (commercial and residential); land use and economic development; and the needs of business owners including LLC and other new business formations, purchases and sales of businesses, and contract reviews of every type.

Connecticut

Since 1989

New York

Since 1978

Founder and Managing Partner

Law Office of David Lacher

2004 - Current

Boutique firm with special concentration in domestic and international corporate and commercial transactions, real estate, and estates and trusts; particular expertise in pharmaceuticals and telecommunications industries

Syracuse University

J.D. (1977)

Honors: published law review article on Federal Freedom of Information Act while first year student

Activities: Law Review Staff Member and Editor

Amherst College

B.A. | Political Science

1970 - 1974

Honors: cum laude graduate; recipient of two John Woodruff Simpson Fellowships

Educational Leader of the Year

New Rochelle Chamber of Commerce

2005

Honoree

Interreligious Council of New Rochelle

2003

Formal Commendation

City Council of the City of New Rochelle

1994

Awarded for extensive pro bono lobbying efforts at the United Nations on behalf of the City of New Rochelle's effort to attract the World Headquarters of UNICEF

Business Network International

President, Sound Shore Chapter

2008 - Current

New Rochelle Chamber of Commerce

Board Member

2006 - Current

New Rochelle (NY) Bar Association

Member

2005 - Current

United Hebrew - "Caring For Generations"

Board Member

2005 - Current

Westchester-Putnam School Boards Association

Board Member and current Vice President

2001 - Current

New Rochelle Industrial Development Agency

Board Member

1999 - Current

New Rochelle Board of Education

Current Board Member, Past President & Vice President

1992 - Current

New York State Bar  # 1187830

Member

1978 - Current

New York City Bar Association

Member

1978 - Current

Comments on Proposed Revisions of FTC Guides On Promotional Allowances and Services

The Record of The Association of the Bar of the City of New York

January, 1990

Immigration Reform and Control Act of 1983

The Record of The Association of the Bar of the City of New York

July, 1983

Gun Control Legislation in the 97th Congress

The Record of The Association of the Bar of the City of New York

May, 1982

The Response to Snepp v. United States: A Proposal for the 97th Congress

The Record of The Association of the Bar of the City of New York

June, 1981

"Averting the Flood:" Henry J. Friendly and the Jurisdiction of the Federal Courts ? Part I

Syracuse Law Review

1976

The Freedom of Information Act Amendments of 1974: An Analysis

Syracuse Law Review

1975

Q. Hello, so so to make a long story short. A few months ago I bought a business (restaurant) and it’s a 3 man partnership.

November 16, 2018

A: The governance of LLCs is determined only partially by state law, but primarily by the LLC Operating Agreement which hopefully your LLC has and hopefully you signed. That agreement should detail both the responsibilities and duties of the officers as well as the options and requirement for withdrawing from the LLC (selling your Member Interests). Without reviewing your LLC Operating Agreement, no one can answer this question definitively. But I would be very surprised if your Operating Agreement permits you to sell your Member Interest to anyone at any time without the consent of your partners in the LLC.

Q. What’s the best way to save money on taxes when trying to form an llc or Corp with personal 1099?

November 15, 2018

A: So long as your corporation is an S Corp, there is no real practical difference with respect to taxes between that and an LLC. The profits and losses of the business flow through to your personal tax return in either instance. But there might be other considerations which favor one form of entity over another. For sure, it is more expensive to form an LLC in New York State because of the publication requirement, which does not apply to other business entity forms.

Q. Is an accepted offer on a house binding in the state of NY

October 21, 2018

A: Your real estate agent told you correctly. There is no contract for the sale of real estate in the state of New York unless and until the seller signs the contract, and in addition, the signed contract must actually be delivered back to the purchaser or to the purchaser’s lawyer.

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