News & Insights

Can a Non-Party to a Contract Sue to Enforce the Contract?

Contract

Generally, someone who isn’t a party to a contract cannot sue to enforce the contract. However, there are exceptions. In a recent decision, the New York Appellate Division Second Department addressed this situation, finding that the plaintiff’s claim for breach of contract and unjust enrichment could move forward, despite the fact the plaintiff never became … Read more

COURT FINDS THAT RESTRICTIVE COVENANT PROHIBITS AIRBNBS

RESTRICTIVE COVENANT

A growing number of homeowners have created a new source of income by listing their property on Airbnb. However, some of these individuals have also faced pushback from their neighbors and communities. In a recent New York case, the issue ended up in litigation with the Court called upon to decide whether Airbnb rentals violated … Read more

NEW FEDERAL AND NEW YORK STATE CORPORATE TRANSPARENCY LAWS ENACTED

CORPORATE TRANSPARENCY

The federal government recently passed a law requiring most companies to disclose their beneficial owners. The chief purpose of the statute is to prevent financial crimes. By mandating such disclosure, the Corporate Transparency Act (the “Act”) makes it difficult for individuals to conceal illegal activities using shell companies. New York State has also enacted its … Read more

WHEN DOES A RELEASE BAR A RELEASOR FROM SUING THE RELEASEE

RELEASE

Generally, under New York law, a release signed by one party releasing the other party from liability bars the first party (the releasor) from suing the second party (the releasee). However, how this rule plays out in court can be complicated as demonstrated in a recent decision of the New York Appellate Division, Second Department. … Read more

LEASE MUST BE SIGNED AND DELIVERED TO MAKE IT ENFORCEABLE

LEASE

Like any contract, leases must meet certain requirements to be legally valid. One of these requirements was addressed in a recent decision of the New York Supreme Court Appellate Division, First Department. The case involved a lease amendment that was signed by the tenant but the tenant never received a copy of the fully executed … Read more

LET THE BUYER BEWARE – NOT ALWAYS!

BUYER BEWARE

“Caveat emptor” (i.e. let the buyer beware) is a long-standing doctrine in New York which states that a seller is not liable for failing to disclose information regarding the item being sold unless the seller actively conceals the information from the buyer. As demonstrated in a case recently decided by the New York Appellate Division, … Read more