Construction and Development Disputes—Atlantic Yards Project in Brooklyn—Lien Law §5—Private Developer on Public Land Must Post a Bond or Other Undertaking Guaranteeing Prompt Payment to Contractor—Piercing the Corporate Veil—Breach of Contract—Attorney Disqualification
This decision involved the Appellate Division, First Department’s interpretation of “the language of Lien Law §5, which provides that a private developer on public land must post a bond or other undertaking guaranteeing prompt payment to the contractor.” The decision also addressed issues involving “piercing the corporate veil,” breach of contract and disqualification of counsel.
