How a NY Contractor Was Bilked Out of Its Fees for “Extra Work”

Sometimes, even seasoned companies ignore the fundamentals, and learn a lesson the hard way. In this case, the lesson was rather straightforward – if you don’t fulfill the explicit requirements for before undertaking additional work under a contract (a condition precedent), you may not get paid. In an opinion that was handed down on December [...]

NY Court Holds Seller Entitled To Keep Downpayment As Damages For Purchasers Breach of Real Estate Contract

Sometimes the obvious still bears emphasis, even in the real estate litigation context. If your ability to purchase a property hinges upon which your ability to get needed financing (which is often the case), you’d better make sure that this is memorialized in the contract. Otherwise, you could end up like the defendant in Abart [...]