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#144:  What Is a “Material” Breach Justifying Contract Termination?

NH Construction Law

Burlington Coat Factory of New Hampshire, LLC , 159 N.H. If a sub or supplier sends a notice of intent to lien, consider issuance of two-party checks. But if the breach does not impact safety, quality, timeliness or risk of liens, the better course will usually be simply to ride out the storm. In McNeal v.

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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

New Hampshire Savings Bank , 131 N.H. If the Seymour case shuts out a claim against the bank, do owner/borrowers have a legal claim against the inspector, with whom they have no contract? ” And such a voluntary undertaking is exceedingly rare. That puts the owner/borrower in a pickle. Don’t count on it.

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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. ” Thus far New Hampshire has enacted no such protective law for homeowners. (A Not unless he is prepared to pay twice!

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State by State Incentives Guide

Buisness Facilities Contributed Content

legal services. NEW INCENTIVE PROGRAMS FOR BUSINESS, COMMUNITY DEVELOPMENT: New economic development and community revitalization programs will provide $100 million in incentives for highly competitive projects in Michigan. Customs ports of entry where merchandise is considered legally outside U.S. training support.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

New businesses can carry over 100 percent of their losses for 20 years if the loss is in their first year of operation. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. legal services.

Income 75
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#142:  Are Lessees "Owners" Under the Mechanic's Lien Statute

NH Construction Law

New Hampshire’s mechanic’s lien statute, RSA 447:2 , gives a lien to those “erecting or repairing a house or other building or appurtenances. ” The lien is on “any material so furnished and on said structure, and on any right of the owner to the lot of land on which it stands.”

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