Business Briefs for February 4, 2021

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Dan Bernard

Bernard and Drago Named Partners at Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP

Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP has announced that Daniel R. Bernard and Bryan Drago have been promoted to partners with the firm.

Mr. Bernard focuses his practice in the areas of estate planning, trust and estate administration, estate tax planning, business succession planning, and estate litigation, with an emphasis on estate planning for snowbirds. He earned a Master of Laws in Taxation from New York University School of Law, which allows him to assist clients with advanced estate tax planning.

After earning a Bachelor of Business Administration degree from Temple University, where he double majored in finance and economics, Mr. Bernard received his Juris Doctor degree from Rutgers School of Law-Newark, where he served as the senior managing editor of the Rutgers Law Record. While in law school, he worked as a student attorney in the Rutgers Federal Tax Clinic and interned in the Tax Court of New Jersey and the Morris County Surrogate Court. After completing law school, he served a one-year clerkship with the Honorable Barbara C. Stolte in the New Jersey Middlesex County Family Court.

Mr. Bernard is the author of two published articles: “Non-Custodial Parents’ Right to Their Children’s College Records” and “The NFL’s Stance on Gambling: A Calculated Contradiction.”

Mr. Bernard is admitted to practice law in New York, Florida and New Jersey. He is also admitted to practice before the United States Tax Court.

Bryan Drago

Mr. Drago’s legal practice focuses on estate planning, taxation, charitable giving and tax-exempt organizations, business succession planning, as well as elder law and long-term care planning. His taxation practice has also included handling multiple disclosures of unreported foreign investments with the Internal Revenue Service.

In March 2011, Mr. Drago joined Twomey Latham. Prior to joining the firm, Mr. Drago was a founding member of a publication based in Brooklyn. He was also employed as a communications designer for National Grid from 1999 to 2011.

He is a member of the New York State Bar Association. He earned a Bachelor of Fine Arts from the University of Buffalo and a Juris Doctor from New York Law School.

“We congratulate Daniel and Bryan on their new positions within the firm,” said Stephen B. Latham, senior counsel, Twomey Latham. “Both attorneys have excelled in their abilities to provide the necessary guidance for their clients in complex tax, estate planning and elder law matters. We wish both Mr. Bernard and Mr. Drago the best of luck in their endeavors within the firm.”

Bridge Bancorp, Inc. and Dime Community Bancshares, Inc. Officially Merge

Bridge Bancorp Inc. and Dime Community Bancshares, Inc. announced this weekend the successful closing of the previously announced merger of equals between the respective companies.

“The completion of this transaction unites two iconic New York community banks creating the premier community-based business bank in our region,” Chief Executive Officer Kevin O’Connor and Executive Chairman Kenneth Mahon said in joint statement. “Our enhanced branch footprint and increased capital base will allow the combined bank to better serve the needs of our customers across the greater New York and Long Island marketplaces. We are very excited to begin this new chapter in our institutions’ histories.”

As a result of the merger, customers will not experience any immediate changes to their accounts, loan payment terms, access to account information through mobile and online banking applications, use of debit cards, or access to ATMs. The company expects to combine its banking technology platforms by early in the second quarter of 2021 without any disruption to customers. Customers can find additional information at Dime.com/merger.

The merger combines two complementary banking technology platforms to create a premier community-based business bank. The combined company will have over $12 billion in assets, over $9 billion in total deposits, and over 60 branches spanning Manhattan to Montauk.

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