Legal Question in Business Law in New York
Deliveries are late, but building site is now underwater
I am building a new headquarters and contracted a steel company to deliever the beams. They were late with the first two deliveries, but the contract calls for specific damages. A nearby dam burst and now my site is underwater. I cannot build on it for 2 months, by which time the steel supplier is not sure of his supplies.
If I contract with a new steel supplier, can the old steel supplier sue me for breach? What about if I just decided to screw it and leave the site unfinished for some time in the future?
1 Answer from Attorneys
Re: Deliveries are late, but building site is now underwater
No one can definitively answer your questions, without carefully reading the contract between your company and the steel company.
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