A good contract is comprehensive. When drafting a contract, everything discussed and agreed upon should be included in the physical document. Do not rely on contract negotiations, comments, conversations, or notes taken during the contract’s preparation or signing. If part of your agreement isn’t featured within the contract, even if
Credit applications. What may come to mind are the stacks of endless forms or repetitive on-line applications. Lengthy requirements to be completed before a lender would consider a request for a line of credit or financing. When asked to sell on terms, you make credit decisions. Without specific information about
I first heard the term “litigation discount” a few weeks ago from my adversary on a New York debt collection case. My client, a Chinese mattress pad manufacturer, was owed monies for goods shipped to New York. The defense was a claim that the cartons in which the mattress pads
The consequences of bad behavior may mean a forfeiture of the right to get paid. The “Doctrine of Unclean Hands” can prevent a party from benefiting from his own bad actions. If a party acted dishonestly or fraudulently with respect to a claim, the Court may apply the Doctrine of
Arnold V. Goldstein, retired partner of Frank, Frank, Goldstein & Nager passed away unexpectedly. We will always remember Arnold as the terrific mentor, friend and partner.
So much emphasis goes into sending a client a “final demand” letter. The letter, if you choose to send one can be as simple as one paragraph. A suggested format can be found here.
It has been brought to our attention that consumers are receiving emails from a separate entity referencing a fake Court date and our firm’s name. More specifically the emails state that the consumer owes a specific amount and must either report to a New York Court on a specified date (usually only
In order to help prevent identity fraud, businesses that provide goods and services on credit to the public are required to create Red Flag Rules. Red Flag Rules are a set of guidelines formulated to identify possible risks to customer information and to create guidelines and business practices to deal