Given the unusual levels of uncertainty in the global economy, breaches of contracts are becoming an ever more common part of life in many supply chains. When dealing with these situations, the ...

Adam Leitman Bailey and John M. Desiderio explain how New York courts decide whether a buyer’s or seller’s failure to meet a real estate contract obligation is a “material” breach that justifies ...

The existence of a valid and binding written or oral contract between the parties. The plaintiff’s performance, partial performance (in some cases), or excuse for nonperformance of its contractual ...

"In sum, the mediation clause at issue is not a condition precedent to initiating litigation and therefore the case shall not be dismissed on that basis," the court said. In a dispute over a mediation ...