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NY Prompt Pay Act for Construction Contractors
This article provides an in-depth discussion of New York's Prompt Pay Act, enacted in 2002 to promote business in New York by attempting to avoid undue delays of payment to contractors and subcontractors.Nassau County Judge Rules Commercial Insurance Policy Doesn't Cover Movie Theater's COVID-19 Losses
The ruling, from Justice Timothy S. Driscoll of the Supreme Court's Commercial Division, was the first written decision by a New York state court to address COVID-19 coverage in an insurance dispute, an attorney for one of the defendants said Wednesday.Judge Rules Commercial Policy Doesn't Cover Movie Theater's COVID Losses
The ruling, from Justice Timothy S. Driscoll of the Supreme Court's Commercial Division, was the first written decision by a New York state court to address COVID-19 coverage in an insurance dispute, an attorney for one of the defendants said.New Developments in Law Firms' Obligations To Protect Against Data Breaches
In addition to a 2018 ABA ethics opinion which outlines when law firms are ethically obligated to notify clients of data breaches jeopardizing the security of their confidential information, the California Bar Association has handed down additional guidance on the subject, which is helpful to all law firms.As Business Interruption Lawsuits Pile up, Lawyers Question the Strategy
Many insurance policies have an exclusion for viruses, which will be a key hurdle before any judge.As Business Interruption Lawsuits Pile Up, Several Lawyers Question the Strategy
Many insurance policies have an exclusion for viruses, which will be a key hurdle before any judge.Is Senator Burr Guilty of Insider Trading under the STOCK Act?
The SEC and U.S. Justice Department are investigating suspicious stock trades made by U.S. Senator Richard Burr in February 2020, which might have been based in part upon confidential information about the Coronavirus pandemic disclosed at closed-door congressional hearings, which if true, might violate the Stop Trading on Congressional Knowledge, or STOCK Act. The investigations may turn on whether Senator Burr's trades were based upon confidential government information, or publicly available news reports.The General Counsel Hired Before the COVID-19 Pandemic: March 2020 In-House Moves
Early year hiring seemed to be high with March's newly named top lawyers, but the novel coronavirus pandemic may impact legal department hiring in the coming months.New 'Regulation Best Interest' Becomes Effective for Broker Dealers
The new regulations require broker-dealers to eschew sales contests which encourage sales of particular products.Dustin DuBose Joins Mound Cotton in New Office in Houston
Dustin DuBose is joining the New York-based law firm of Mound Cotton Wollan & Greengrass LLP as resident partner in the firm’s new office in Houston, Texas.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
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