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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

Worse, the contractor or one of its unpaid subcontractors could place a mechanic’s lien on the property – which is sure to result in a breach of the owner/borrower’s loan agreement! All such contractual solutions depend on the leverage possessed by and the negotiation savvy of the parties to these arrangements.

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Construction Contracts Online: ConsensusDOCS and AIA Go Head-to-Head

Best Practices Construction Law

ENR journalist Johanna Knapschaefer wrote a good piece about " ConsensusDOCS Contract Library Takes to the Cloud, " where she described the real-time collaboration needed for contract negotiations. A232–2009, General Conditions of the Contract for Construction, Construction Manager as Adviser Edition.

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Stimulus package now below $800 billion

PSMJ Resources

House and Senate negotiators have agreed to lower the economic stimulus bill to $789 billion in an attempt to reach a compromise between the bills that each side has approved in recent weeks, according to an Associated Press article. That timeline coincides with a scheduled formal meeting of House and Senate negotiators.

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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Liquidation Agreement did not supercede agreement to arbitrate. April 2, 2012), dismissed an action by a subcontractor against the general because there was an agreement to arbitrate in the subcontract.

Claims 40
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constructionattorneyblog: Risks in LEED design

Construction Lawyer

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Where owner does not pay undisputed amounts, contractor is entitled to attorneys fees » May 13, 2009. Having a knowledgeable attorney involved in the contract negotiations can be very helpful.

Risk 40
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Icy Hot

Buisness Facilities Contributed Content

” The Northern Sea Route referenced by Lavrov already is getting crowded: in 2009, only five cargo ships went through the Russian zone in the Arctic, according to a study by the Council on Foreign Relations; by 2013, that figured climbed to 71.

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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

Given the uncertainty that arises at the intersec­tion of international arbitration and bankruptcy, parties should consider protecting themselves against a future potential bankruptcy when negotiating arbitration agree­ments by, among other things, securing guarantors. 2020 is already breaking 2009’s records for insolvencies.

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