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...
Reminders Versus Demands
June’s Housing Security and Tenant Protection Act imposed a new requirement on landlords in the event their...
The OCC, Banks and the Federal Courts
I don't normally blog about court decisions, but in 2015, the United States Court of Appeals, in a case ref...
Give Your Account Documents a Checkup
In 2008, I wrote in the Business Law Journal that legal developments lagged behind technology so banks need...
Court Holds 6-Month Limitation Period “Unreasonable and Unenforceable”
It has long been established that parties to a contract may agree to shorten the statute of limitations.
...