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Contractors May Benefit by Taking Equity in the Project They are Constructing

Construction and Infrastructure Law

Contractors may benefit in making a small equity investment in the projects they construct. In the past, it was not unusual for construction companies to make small equity investments in the projects they worked on. For example, a construction company building a power plant would take a 5% equity interest in the project.

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#119:  Quantum Meruit vs Unjust Enricment

NH Construction Law

Two of the most popular legal theories beyond breach of contract claims are “unjust enrichment” and “quantum meruit.” “In the absence of a contractual agreement, a trial court may require an individual to make restitution for unjust enrichment if he has received a benefit which would be unconscionable to retain.”

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DuPont Resolves PFAS Claims with Delaware

Green Building Law Update

(all “DuPont” related companies), businesses having operated in the State for more than 200 years, announced a sweeping settlement agreement last week. The Companies will fund up to an additional $25 million if they settle similar claims with other states for more than $50 million.

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Dispute Boards: An Approach to the Efficient Resolution of Disputes in the Construction Sector

Constructlaw

During the project, the contractor submitted dozens of claims for additional time and money – all of which the project’s owner has rejected. Imagine a complicated engineering and construction project that has lasted years and has already cost hundreds of millions of dollars. That said, dispute boards are not without their drawbacks.

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constructionattorneyblog: No right of contribution in copyright case

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. A recent trial court decision in Equity Builders v. The architect filed a cross-claim for contribution against the owners. The court dismissed the cross-claim. Russell, (USDC, N.D.

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Holidaymakers face six-month wait for travel refunds as airlines struggle to deal with colossal backlog of claims with £7billion owed to customers

Construction Test

However, the number of cancelled trips means customers are waiting much longer as airlines struggle to deal with a colossal backlog of claims. This is part of a wider agreement with European governments to keep flight links open for emergency reasons. . Under EU laws, customers should get their money back within seven days.

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State by State Incentives Guide

Buisness Facilities Contributed Content

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

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