Party Cannot Rely on the Failure of a Condition Precedent When the Party Caused That Failure

Party Cannot Rely on the Failure of a Condition Precedent When the Party Caused That Failure

On December 15, 2022, the First Department issued a decision in FPG Maiden Lane, LLC v. Bank Leumi USA, 2022 NY Slip Op. 07150, holding that a party may not rely on the failure of a condition precedent to occur when it was responsible for that failure . . . Continue reading Party Cannot Rely on the Failure of a Condition Precedent When the Party Caused That Failure