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Time is of the Essence Clauses in New York and Connecticut Contracts for the Sale of Real Property
February 24, 2021
Michael L. Katz, Eon S. Nichols, Thomai "Amy" Natsoulis
In both New York and Connecticut, a "time is of the essence" clause in a contract indicates that the failure to close the transaction by the time specified will be considered a material breach under the contract. Read More >
Time is of the Essence Clause in Real Estate
Corporate, Finance, Real Estate
New York State Enacts COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020
February 24, 2021
Michael L. Katz, Eon S. Nichols, Thomai "Amy" Natsoulis, Joanne Romano
On December 28, 2020, Governor Cuomo signed the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 (the “Act”) into law in an effort to stabilize the housing situation for tenants and qualifying borrowers during the pandemic. Read More >
Cuddy and Feder Law Firms New York
Corporate, Finance, Real Estate
Rethinking Force Majeure in Light of COVID-19 (December Update)
January 06, 2021
Michael L. Katz, Eon S. Nichols, Thomai "Amy" Natsoulis
On December 16th, 2020, the United States District Court for the Southern District of New York issued an opinion in which the Court interpreted a force majeure provision as it relates to the COVID-19 pandemic. Read More >
close NYC storefronts during COVID 19
Corporate, Finance, Real Estate
The following materials, and all other materials on this website, are intended for informational purposes only, are not to be construed as either legal advice or as advertising by Cuddy & Feder LLP or any of its attorneys, and do not create an attorney-client relationship between you and Cuddy & Feder LLP. Please seek the advice of an attorney before relying on any information contained herein.
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