Daily Archives: Monday, March 22, 2021

Posted: March 22, 2021

Court Rejects Lack of Consideration Defense

On February 24, 2021, Justice Cohen of the New York County Commercial Division issued a decision in Lexon Ins. Co. v. Sanare Energy Partners, LLC, 2021 NY Slip Op. 30692(U), rejecting a lack of consideration defense, explaining: Clarke asserts that Lexon provided no consideration to them. On this argument, the evidentiary burden falls on Defendants:... Read more »