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 on private construction projects is capped...more
The government and market response to the COVID-19 pandemic is presenting novel and difficult legal issues and challenges across all industries. In construction in particular, with projects of all types and sizes at risk,...more
New York Gov. Andrew Cuomo released information on proposed legislation that is intended to provide relief for workers who are subject to mandatory or precautionary orders of quarantine or isolation due to the COVID-19...more
3/22/2020
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