The New York Prompt Pay Act for Construction Contractors (OnDemand)
Originally held on Tuesday, November 2, 2021 | 11:00 am - 1:00 pm
Program Fee:
$149 for Members | $249 for Nonmembers
Members who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2020-2022), In-House/Corporate Counsel, Judges, and attorneys who practice within the Government, Academic or Not-for-Profit sectors attend this program for free.
CLE Credit:
New York: 2.0 Total: 1.0 Skills, 1.0 Professional Practice
New Jersey: 2.2 General
California: 1.5 General
Pennsylvania: 1.5 General
Connecticut: Available to Licensed Attorneys
Please Note: Newly admitted NY attorneys cannot fulfill ethics or skills credits through our on-demand programs under OCA rules. For more information on this, please see http://www.nycourts.gov/attorneys/cle/changes_for_2016.shtml.
Description:
The Prompt Pay Act is a powerful tool for construction law
practitioners, but has been rarely utilized since its passing in 2002.
The Act provides for expedited arbitration of construction disputes
which might otherwise languish in court for years, and requires owners
and general contractors to provide explicit grounds for any non-payment
of disputed invoices. The statute further preempts certain inconsistent
contract terms which would frustrate its goals of promoting prompt and
fair payment of contractors.
Click Here to View Program Agenda & Faculty
Program Chair:
Barry Temkin, Mound Cotton Wollan & Greengrass, LLP
Sponsoring Association Committee:
Construction Law, Sarah G. Sparer