Brokers are generally paid upon the completion of a sale. This post discusses whether a broker can be entitled to his compensation even when the sale never closes. This post analyzes the basis for such compensation under Jewish law and New York law.
Last week the world lost a towering leader, the Av Beth Din of the Beth Din of America, Rabbi Gedalia Dov Schwartz. Rabbi Schwartz, zt”l, was the rabbi of the Young Israel of Boro Park for 18 years, and he previously held pulpits in Rhode Island, New Jersey and Pennsylvania. He served as Av Beth Din … Continue reading Rav Gedalia Dov Schwartz zt”l
When a highly unexpected event happens, a party’s contractual obligations may become difficult, unprofitable or impossible to perform. The Beth Din of America hosted a webinar on April 28, 2020, exploring the extent to which contractual obligations are modified or suspended in light of a pandemic such as COVID-19. In “Cancelling Contracts Due to Pandemics: … Continue reading Contracts and COVID-19
Ideally, parties to a dispute would agree to litigate at an established and reputable beit din. The beit din would then empanel a group of expert dayanim (arbitrators) to hear the case. Practically, however, the din torah process can get stalled when parties fail to agree on a beit din—when each party rejects the other’s … Continue reading What to Do When You and Your Adversary Can’t Agree on a Beit Din