NY Appellate Court Reaffirms Pay-When-Paid Provisions Are Void as Against Public Policy
Constructlaw
JULY 14, 2022
Bank of America, N.A. In January 2015, Sweet notified its subcontractors, including Arenson, of “the payment process” for the Project, noting that “all subs are being paid directly from the bank, but will be distributed by [Sweet].” Subcontractors were to submit payment requisitions to Sweet, which would submit them to bank.
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