But I Didn’t Read It Before I Signed It
We’ve all heard that argument before. Once again, a New York Appellate Court rejected the argument in...
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 frau...
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 commitmen...
Beware Of Online Account Fraud
Fraudulent online account opening followed by electronic or altered check deposits is becoming the ne...
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 statut...
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 a...