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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

Worse, the contractor or one of its unpaid subcontractors could place a mechanic’s lien on the property – which is sure to result in a breach of the owner/borrower’s loan agreement! All such contractual solutions depend on the leverage possessed by and the negotiation savvy of the parties to these arrangements.

Banking 40
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Construction Contracts Online: ConsensusDOCS and AIA Go Head-to-Head

Best Practices Construction Law

ENR journalist Johanna Knapschaefer wrote a good piece about " ConsensusDOCS Contract Library Takes to the Cloud, " where she described the real-time collaboration needed for contract negotiations. A232–2009, General Conditions of the Contract for Construction, Construction Manager as Adviser Edition.

AIA 48
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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Liquidation Agreement did not supercede agreement to arbitrate. April 2, 2012), dismissed an action by a subcontractor against the general because there was an agreement to arbitrate in the subcontract.

Claims 40
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Icy Hot

Buisness Facilities Contributed Content

” The Northern Sea Route referenced by Lavrov already is getting crowded: in 2009, only five cargo ships went through the Russian zone in the Arctic, according to a study by the Council on Foreign Relations; by 2013, that figured climbed to 71.

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constructionattorneyblog: Risks in LEED design

Construction Lawyer

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Where owner does not pay undisputed amounts, contractor is entitled to attorneys fees » May 13, 2009. Having a knowledgeable attorney involved in the contract negotiations can be very helpful.

Risk 40
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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

Given the uncertainty that arises at the intersec­tion of international arbitration and bankruptcy, parties should consider protecting themselves against a future potential bankruptcy when negotiating arbitration agree­ments by, among other things, securing guarantors. 2020 is already breaking 2009’s records for insolvencies.

Claims 40
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Construction Contract's arbitration provision is separable, based on

Construction Lawyer

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us.  It directed that "if Mortenson, in its sole discretion, elects to demand arbitration with Subcontractor," then "any dispute  arising between Mortenson and Subcontractor under the Agreement.