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Louisiana Payment Bond Changes: What Material Suppliers Need to Know

Levelset

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.

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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

Worse, a lawsuit against the general contractor or subcontractor for breach of contract after abandonment of the project will almost certainly be futile; the default on its loan usually signals that it won’t be able to pay a judgment and is probably headed for bankruptcy. Not unless he is prepared to pay twice!

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A journey through masonry reclad litigation

BD+C

Time is of the Essence With Construction Litigation Across most jurisdictions in the United States, time is an issue from a legal perspective. This ensures that the report remains legally sound. In this case, great care was taken to plead “into coverage,” and to make sure nothing was put into expert reports that could erode coverage.

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5 Success Factors for Construction Firms

Construction Marketing

It is not unheard of for a construction firm to face bankruptcy and fail because of a lawsuit. Benefit: Documentation builds your defense, but avoiding all together avoids costly legal fees. With close monitoring of projects, potential legal issues can be avoided. Avoid Litigation. Litigation is very costly.

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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

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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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

It pays for repairs of damages to the surrounding property, as well as legal expenses incurred during a lawsuit. The policy covers damages to property, bodily injury expenses, and legal fees caused by faulty work or installation of a faulty product. It covers the damages caused by faulty work, product failure, or other causes.

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constructionattorneyblog: New York court holds that contractor.

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.