You win a $4 million breach of contract case in Manhattan Supreme Court after three years of litigation. The judge signs the judgment. Then your lawyer tells you the number just grew by more than a million dollars — because prejudgment interest in New York breach of contract cases runs at 9% per year, calculated back to the day the contract was breached. That's not a bonus. That's the law. And most business owners running $1M–$10M disputes don't understand how dramatically th
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
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