NY Legislature Expands Use Of “Design-Build” Contracts
On January 1, 2020, Governor Cuomo signed a new law, effective immediately, permitting various NYC agencies...
Beware When You Contact A Customer By Cell Phone
I used to tell banks not to do business with customers by cell phones because the possibility of fraud was ...
“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...