“No Damage For Delay” Clauses: Absolute Bars to Recovery — But Not at Pleading Stage
We have discussed “no damage for delay” clauses in prior blog posts.
Don’t Get Trapped When You Issue A Letter of Intent
We have had two recent cases in which letters of intent arguably crossed the line to become commitment lett...
The Right to Financial Information on a Non-Public New York Construction Project
Cash flow is the lifeblood of the construction industry.
Beware Of Online Account Fraud
Fraudulent online account opening followed by electronic or altered check deposits is becoming the new vers...
Lien Law Amendment: Right Result. Wrong Reason.
Effective November 25, 2019, a new law amends section 9(7) of the Lien Law and requires all lienors to disc...
Don’t Lose The Right To Foreclose Because Of A Years-Old Default
Every week, one of my partners tells me about a court decision in which a bank lender blew the statute of l...
The New York Lien Law §76 Demand To A Contractor
A construction contractor often receives a demand for information--under New York Lien Law §76 -- for a ver...
Cybersecurity Covenants in Loan Documents
In my October 21 blog, I described a new law in New York that will require almost all businesses to adopt f...