article thumbnail

Illinois Federal District Court Enforces Partially Executed Agreement to Arbitrate

Constructlaw

SGLC Consulting LLC , No. District Court for the Southern District of Illinois recently enforced a partially executed agreement to arbitrate where the party that failed to countersign demonstrated assent through its acts and conduct. United States ex rel. Spirtas Worldwide, LLC v. 3:21-CV-00182-MAB, 2022 U.S. June 13, 2022).

article thumbnail

Illinois Federal District Court Enforces Partially Executed Agreement to Arbitrate

Constructlaw

SGLC Consulting LLC , No. District Court for the Southern District of Illinois recently enforced a partially executed agreement to arbitrate where the party that failed to countersign demonstrated assent through its acts and conduct. United States ex rel. Spirtas Worldwide, LLC v. 3:21-CV-00182-MAB, 2022 U.S. June 13, 2022).

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

But first, it is important to understand that every case is unique, and you should always consult with a qualified construction accident injury attorney to get specific advice about your situation. Help with negotiations This can be difficult, as insurance companies are often reluctant to pay large settlements.

Injury 253
article thumbnail

Homebuyers Burdened by Inflation Are Canceling Deals at the Highest Rate Since the Pandemic

Pro Builder

Prospective buyers burdened by soaring interest rates and high inflation are putting their dreams of homeownership on hold, and a slowing market is also giving buyers more time to make purchases and more room to negotiate. in a survey of builders by John Burns Real Estate Consulting. That compares with 6.6% in May 2021.

Deals 98
article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. Every service agreement customer represents a future work.

article thumbnail

Recent Decision Highlights the Potential Pitfalls in General Releases

Federal Construction Contracting Blog

the Court of Federal Claims reminds contractors to read claim release language carefully before executing any agreement or modification. The parties ultimately reached a settlement agreement regarding these claims. While these appeals were pending but before the execution of the settlement agreement, T.H.R. Enterprises, Inc. ,

article thumbnail

Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

Liquidating Agreement. Another technical term that is not often discussed in construction, yet is present in many construction contracts is the mechanism know as a “liquidating agreement” Sloan pg 16. Do not confuse a liquidating agreement with liquidated damages. Brennan’s The Construction Contracts Book.