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New NYLJ Article, "Law Permits 'Waivers' From Corporate Practice Prohibition

Section Chair Frank Serbaroli, with the New York office of Greenberg Traurig, writes a regular "Expert Analysis" column for the New York Law Journal. The latest article, "Law Permits 'Waivers' From Corporate Practice Prohibition," appears in the July 26, 2011 edition of the Journal:

A little-noticed law enacted last year has opened up a small fissure in New York's otherwise formidable corporate practice prohibition to accommodate certain nont-for-profit, religious and education corporations and the mental health and psychological needs of their clients. This law, Education Law 6503-a, authorizes the Commissioner of the Department of Education to approve a "waiver" from the prohibition on the corporate practice of certain licensed professions, and exempts certain organizations altogether.

For the full article, link to the reprint posted on Greenberg Traurig's website.

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