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Principals of General Contractor Jointly and Severally Liable Pursuant to Article 3a of New York’s Lien Law

On Behalf of | Jul 11, 2018 | BLOG, NEWS ARTICLE

Despite denying class certification the Supreme Court, New York County held the principals of the general contractor were jointly and severally liable to plaintiffs pursuant to Article 3a of New York’s Lien Law because the defendants failed to provide the statutorily required accounting raising the presumption that the trust funds were misapplied. Ronsco v. Corporate Interiors Contractors, Inc, et al., Index No. 653969/2014 and 653970/2014 (Sup. Ct., NY C’nty 2018)