In the aftermath of the 2008 recession, the bursting of the housing bubble, and the decline in the value of real estate, governments have taken various steps to assist and support homeowners in keeping their homes. In early 2009, under the authority of the Financial Stability Act of 2009, the U.S. Department of the Treasury […]
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By James L. Rudolph, Esq. In general, the courts in Massachusetts enforce valid no damage for delay clauses in contracts. However, in rare instances in Massachusetts the courts recognize three exceptions in which a valid no damage for delay clause may be set aside: (1) where a defendant’s acts are arbitrary or capricious; (2) where […]
