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Daily Archives: Friday, June 18, 2021

Posted: June 18, 2021

Defendant Liable for Terminating Contract Without Observing Contract’s Notice and Cure Provision

On June 3, 2021, the First Department issued a decision in Alloy Advisory, LLC v. 503 W. 33rd St. Assoc., Inc., 2021 NY Slip Op. 03520, holding a defendant liable for terminating a contract without observing the contract’s notice and cure provision, explaining: The primary issue on appeal is whether defendants breached the agreement by... Read more »