Bankruptcy Compensation Defense 
Levelset
AUGUST 30, 2024
These acts represent a substantial shift in how payment bond defenses are handled for sureties under both the Public Works Act and the Private Works Act. The new laws expand the defenses available to sureties. The courts rejected these defenses because allowing sureties to do so would contradict the Private or Public Works Acts.
Constructlaw
DECEMBER 7, 2020
Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of contract defenses focused on excuses for non-performance. In those clauses, the overall success of COVID-19-based force majeure defenses is still unknown.
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BD+C
OCTOBER 7, 2024
Insurance coverage protects downstream defendant parties, can provide the primary “well” from which to draw your damages, and is an option preferred by most downstream parties over insolvency—and by the owner if insolvency could lead to bankruptcy and getting in line behind banks and other creditors at bankruptcy.
Buisness Facilities Contributed Content
APRIL 15, 2014
The credit for the employer can be as much as: $2,400 for each new adult hire; $1,200 for each new summer youth hire; $4,800 for a veteran entitled to compensation for a service-connected disability; $9,000 for each new long-term family assistance recipient hired over a two-year period. See www.doleta.gov/business/incentives/opptax/.
Buisness Facilities Contributed Content
MARCH 21, 2014
In addition to the manufacturing industry and California’s small business employers, the Panel also prioritizes nanotechnology, biotechnology and life sciences, goods movement and transportation logistics, aerospace and defense, advanced IT services, multimedia/entertainment, healthcare, construction, agriculture and renewables.
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