Agreement Claims Debt 
Federal Construction Contracting Blog
APRIL 9, 2024
Just as construction liens secure your rights to payment for work done on real property, maritime liens secure debts related to services provided on or for vessels. Maritime Liens Explained A maritime lien is a legal right related to maritime activities, allowing certain contractors or service providers to claim an interest in a vessel.
Autodesk Construction Cloud
NOVEMBER 15, 2021
The difference between secured and unsecured debts. For this reason, construction professionals must find better ways to craft and negotiate agreements. First, there’s the prime contract, which is the agreement that sets the terms between the owner and GC. We discuss: The current state of construction contracts.
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NH Construction Law
AUGUST 31, 2023
Subrogation – the right of an insurer, upon paying an injured party’s damages arising out of a negligence claim, to chase the negligent party for reimbursement – is a staple of the law. ” Chase v. Here’s how it works in the AIA’s popular A201 General Conditions : § 11.3.1
Business Facilities
FEBRUARY 22, 2013
This happened during an earlier pre-fabricated budget showdown in 2011, which featured a threatened default on the national debt and resulted in the first-ever downgrade of the United States’ AAA credit rating. To sort out fact from fiction, we think it’s useful to check some non-partisan sources.
NH Construction Law
MAY 28, 2018
The threat of that withholding may be enough to entice the sub to prioritize scarce dollars toward employee-related debts before feeding any other wolf at the door. At the first hint of trouble the GC should demand to see them -- and if they aren’t in order, it can withhold payment to the sub.
Construction Lawyer
MAY 21, 2009
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. After the owner paid the fifth draw and the general deposited the funds into its bank account, the bank seized the funds in the account because of another debt owed by the general.
Business Facilities
JULY 24, 2019
The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. Rogers noted that all three states have established highly diversified growth strategies and staked a claim to leadership in high-tech hubs.
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