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#135:  Unconscionable Arbitration Agreements

NH Construction Law

“An agreement to arbitrate may be unenforceable if pursuing a claim in arbitration is so cost prohibitive that it prevents a party from vindicating its rights.” ” With that opening sentence, the Texas Supreme Court in Lennar Homes of Texas, Inc. ’” Awuah v. Coverall North America, Inc. , 3d 7, 12 (1st Cir.

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5 Legal Documents All Construction Business Owners Should Use

Construction Business Owner

Have you ever spent hours drafting a contract, only to discover that there is already a standard contract that would have worked well, or at least given you a good starting point? While there are several documents that contractors use regularly, there are also other lesser-known legal documents that owners may find useful.

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Illinois Federal District Court Enforces Partially Executed Agreement to Arbitrate

Constructlaw

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. Spirtas countered that the TPA was not a valid and legally binding arbitration agreement because SGLC never countersigned it.

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Illinois Federal District Court Enforces Partially Executed Agreement to Arbitrate

Constructlaw

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. Spirtas countered that the TPA was not a valid and legally binding arbitration agreement because SGLC never countersigned it.

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Contractors often wish they could simply deal with the insurance company directly through an assignment of benefits. The AOB agreements need to be in writing.

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ConsensusDOCS Releases New Teaming Agreement

Best Practices Construction Law

ConsensusDocs released the new ConsensusDocs 498 Design-Build Teaming Agreement today, which provides a standard contract for parties desiring to form a team for the purpose of submitting a bid on a design-build project. ” The contract is specifically drafted to address the unique considerations of a design-build teaming arrangement.

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How to Avoid Disputes in Construction

Construction Marketing

However, most investors and contractors don’t seem to realize this until they find themselves in the midst of such a problem. In fact, some projects end up being aborted simply because the contractor and the property owner could not agree on certain issues. Having a gentleman’s agreement is the worst mistake you could ever make.

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