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Anticipatory Repudiation in New York Contracts: When NYC Business Owners Can Sue Before the Breach Date
You sign a $3.8 million contract in January to supply custom fixtures to a hotel developer building near Hudson Yards. Delivery is due in October. In April, the developer's CFO emails you: "We're pulling out of the project. Don't ship anything." You haven't missed a deadline. Nothing is late. But the deal is dead — and you have payroll to make, materials on order, and a factory floor booked for the summer. Do you have to sit around until October to sue? You don't. New York la

Reza Yassi
2 days ago


Fraudulent Inducement in New York Contract Disputes: How NYC Business Owners Void a Deal Procured by Lies
You spend six months negotiating a $4.5 million acquisition of a Queens distribution company. The seller hands you spreadsheets showing $1.2 million in EBITDA, sworn statements about a five-year supply contract with a Manhattan hotel group, and tax returns that all line up. You close. Ninety days later you discover the hotel contract was canceled before signing, two of the three biggest customers were related-party shells, and the EBITDA was inflated by phony receivables. You

Reza Yassi
Jun 29


Material Breach of Contract in New York: When Can You Stop Performing?
You run a Brooklyn manufacturing business. Your largest customer — a Manhattan retailer with a five-year, $8 million supply contract — just shorted you on a $200,000 payment and is two weeks late on another. You're tempted to halt production, cancel future shipments, and sue. But here's the trap: if a New York judge later decides those breaches weren't material, you become the breaching party. You lose your damages claim, you owe their damages, and you forfeit any attorney-fe

Reza Yassi
Jun 22


Choice of Law Clauses in New York Commercial Contracts: What NYC Business Owners Need to Know
You sign a $6 million supply agreement with a Texas manufacturer for your Long Island City distribution business. The contract says, "This agreement shall be governed by Texas law." Eighteen months later, the manufacturer breaches. Your New York lawyer pulls the contract, reads page 23, and tells you Texas law caps the consequential damages you were planning to claim and bars an entire theory you would have had under New York law. That one buried sentence just cost you millio

Reza Yassi
Jun 15


Anticipatory Repudiation in New York: When Can You Sue Before the Other Side Breaches?
You signed a $4 million supply agreement to deliver custom industrial equipment to a Long Island City manufacturer over the next 18 months. Six months in — before you've shipped a single unit — the buyer's CFO emails you saying the company is “reconsidering” the deal and won't be wiring the next progress payment. Performance isn't technically due yet, but the threat is real, and your shop is already running on raw materials you ordered to fill the order. Do you ke

Reza Yassi
Jun 8


The Implied Covenant of Good Faith and Fair Dealing in New York: A Guide for NYC Business Owners
You sign a ten-year exclusive distribution agreement to sell a manufacturer's products throughout the five boroughs. The contract gives the manufacturer sole discretion to approve your marketing plans. For five years, everything runs smoothly. Then the manufacturer's new owner decides it wants to sell direct in New York City, starts rejecting every marketing plan you submit, and uses your inactivity as grounds to terminate. The express terms of the contract look like they let

Reza Yassi
Jun 1


Forum Selection Clauses in New York Commercial Contracts: What NYC Business Owners Need to Know
You sign a $4 million supply agreement with a logistics company headquartered in Houston. Eighteen months later, they breach. You pull out the contract to file suit in Manhattan, only to find a clause buried on page 27 that says any dispute must be litigated in Harris County, Texas, under Texas law. Suddenly your case isn't a New York case at all — and your local lawyer can't even file it. That single paragraph, often added during the final markup, can decide whether you win,

Reza Yassi
May 25


Recovering Attorney's Fees in New York Breach of Contract Cases: A Guide for NYC Business Owners
You won your $3 million breach of contract case in Manhattan Supreme Court after eighteen months of litigation. The judge entered judgment in your favor. Then your lawyer handed you a bill for $480,000 in legal fees — and explained you may not be able to recover a penny of it from the defendant. The reason is that attorney's fees in New York breach of contract cases follow the American Rule: each side pays its own lawyer regardless of who wins. Whether you can shift those fee

Reza Yassi
May 18


Specific Performance in New York Commercial Contracts: When Courts Force the Deal to Close
You spent 14 months negotiating to buy a SoHo loft building for $7.2 million. The seller signed. You wired the deposit. Then, a week before closing, the seller sends a one-line email: "We're terminating. Keep the deposit." Money damages won't get you that building, and there isn't another one like it on the block. This is where specific performance in New York commercial contracts becomes the remedy that actually matters. Specific performance is the equitable order that force

Reza Yassi
May 11


The Parol Evidence Rule in New York: When Outside Evidence Can Save (or Sink) Your Contract Dispute
You've just been sued for $4 million by your former distributor. The written contract says the territory was non-exclusive, but you remember a handshake meeting in your Long Island City office where the company's founder promised exclusivity in exchange for higher minimum orders. Your lawyer tells you that conversation may never reach the jury. Welcome to the parol evidence rule in New York — one of the most powerful, most underestimated weapons in commercial litigation. It c

Reza Yassi
May 4


Lost Profits Damages in New York Breach of Contract Cases: What Business Owners Need to Know
You signed a three-year contract to supply hotel linens to a Manhattan boutique chain. Eighteen months in, the chain terminates without cause and signs with your competitor. You're staring at $4 million in revenue you'll never see — but can a New York court actually award you those lost profits, or will the judge throw out your damages claim as too speculative? This is the single most contested question in mid-size commercial disputes, and getting it right shapes everything f

Reza Yassi
Apr 27


Force Majeure and Impossibility in New York: When Can You Legally Walk Away From a Commercial Contract?
You sign a five-year commercial lease for a restaurant space in the Meatpacking District. Six months in, a government order forces you to close completely — no indoor dining, no events, no revenue. You stop paying rent. Your landlord sues for the full balance. You argue it was impossible to operate. The law should excuse your performance. Whether that argument holds up depends heavily on two words: force majeure . More specifically, it depends on what your contract actually s

Reza Yassi
Apr 14


Shipment vs. Destination Contract: Who Bears Risk of Loss?
How Risk of Loss, FOB Terms, and Drafting Errors Decide Real Disputes Destination vs shipment contracts determine when risk of loss transfers from seller to buyer.Under the New York UCC, shipment contracts are the default unless the contract clearly says otherwise. If goods are damaged in transit, liability often turns on a few words like FOB shipping point or FOB destination. Many disputes happen because parties assume delivery means arrival. It does not. Clear drafting prev

Reza Yassi
Nov 15, 2024

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