New York has made changes to its Prompt Payment Act (N.Y. Gen. Bus. Law §756)

Legislation, which Gov. Kathy Hochul signed into law on November 17, 2023, provides that:

  • retainage
Continue Reading New York Caps Retainage at 5% On Private Construction Projects, Permits Contractors to Submit Final Invoice Upon Substantial Completion

Is there a difference in enforcement between an arbitration award and an expert determination pursuant to a contract? The answer is yes, according to a recent ruling by the 3rd

Continue Reading Understanding the Differences in the Enforcement of Arbitration Awards and Expert Determinations