Levelset
SEPTEMBER 6, 2022
In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. The AI benefits from some or all of the liability coverage extended to the policyholder. AI endorsements are often required as part of the construction contract.
Construction Law Monitor
SEPTEMBER 10, 2015
Certain clauses are critical for any contract to effectively protect your rights and minimize your liabilities. An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages.
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Construction Law Monitor
SEPTEMBER 10, 2015
Certain clauses are critical for any contract to effectively protect your rights and minimize your liabilities. An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages.
Best Practices Construction Law
SEPTEMBER 5, 2018
The appellate court reversed, finding that the owner-contractor agreement did not insulate the architect from liability. More importantly, it is always advisable to think about and negotiate key provisions at the start of the project, rather than litigating the meaning of the provision during a dispute after the project is complete.
Revit OpEd
DECEMBER 22, 2017
Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.
Levelset
OCTOBER 31, 2022
Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as “Superfund,” covers improper disposal or intent to dispose of hazardous waste. View the list of chemicals subject to CERCLA here. Under 42 U.S.C.
Construction Law Monitor
APRIL 29, 2014
Other types of damages exist but courts like to compensate with money. A corporation or limited liability company is not an individual. Other options : – Informal negotiations or ADR clause are other options. This undoubtedly will be money damages. What Happens Once I Am Served With The Lawsuit. The clock starts running!
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